Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,117$13,404 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Wheatland County, MT
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Wheatland 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 | $837 | $10,044 | $33,480 | $16.10/hr |
| 1-Bedroom Apartment | $872 | $10,464 | $34,880 | $16.77/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,117 | $13,404 | $44,680 | $21.48/hr |
| 3-Bedroom Home | $1,553 | $18,636 | $62,120 | $29.87/hr |
| 4-Bedroom Home | $1,806 | $21,672 | $72,240 | $34.73/hr |
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Frequently Asked Questions About Rent in Wheatland County, MT
What is the Fair Market Rent for a 2-bedroom in Wheatland County, MT?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Wheatland County, MT is $1,117 per month ($13,404 per year).
What hourly wage is needed to afford rent in Wheatland County, MT?
To comfortably afford a 2-bedroom apartment at $1,117/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $21.48 per hour ($44,680/year).
What are the HUD Fair Market Rents by bedroom count in Wheatland County, MT?
Official 2026 HUD rents in Wheatland County, MT are: Studio: $837/mo, 1-Bedroom: $872/mo, 2-Bedroom: $1,117/mo, 3-Bedroom: $1,553/mo, and 4-Bedroom: $1,806/mo.
How do HUD Fair Market Rents compare to local incomes in Wheatland County, MT?
At the local Census ACS median household income of $49,489/year ($4,124/month), the benchmark 2-bedroom Fair Market Rent represents 27.1% of monthly income.
How is the 30% housing affordability standard calculated in Wheatland County, MT?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,117/month, the required minimum annual gross income is calculated as ($1,117 × 12) ÷ 0.30 = $44,680 per year.