Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,200$14,400 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Valley County, MT
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Valley County, MT
Calculations assume standard housing affordability guidelines where shelter costs consume no more than 30% of gross income, based on full-time employment of 2,080 annual working hours.
| Bedroom Type | Monthly Rent | Annual Rent | Min. Annual Income | Hourly Wage (40h/wk) |
|---|---|---|---|---|
| Studio / Efficiency | $899 | $10,788 | $35,960 | $17.29/hr |
| 1-Bedroom Apartment | $915 | $10,980 | $36,600 | $17.60/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,200 | $14,400 | $48,000 | $23.08/hr |
| 3-Bedroom Home | $1,566 | $18,792 | $62,640 | $30.12/hr |
| 4-Bedroom Home | $1,753 | $21,036 | $70,120 | $33.71/hr |
See comprehensive cost of living profile for Valley County, MT →
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Frequently Asked Questions About Rent in Valley County, MT
What is the Fair Market Rent for a 2-bedroom in Valley County, MT?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Valley County, MT is $1,200 per month ($14,400 per year).
What hourly wage is needed to afford rent in Valley County, MT?
To comfortably afford a 2-bedroom apartment at $1,200/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $23.08 per hour ($48,000/year).
What are the HUD Fair Market Rents by bedroom count in Valley County, MT?
Official 2026 HUD rents in Valley County, MT are: Studio: $899/mo, 1-Bedroom: $915/mo, 2-Bedroom: $1,200/mo, 3-Bedroom: $1,566/mo, and 4-Bedroom: $1,753/mo.
How do HUD Fair Market Rents compare to local incomes in Valley County, MT?
At the local Census ACS median household income of $71,695/year ($5,975/month), the benchmark 2-bedroom Fair Market Rent represents 20.1% of monthly income.
How is the 30% housing affordability standard calculated in Valley County, MT?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,200/month, the required minimum annual gross income is calculated as ($1,200 × 12) ÷ 0.30 = $48,000 per year.
