Yellowstone County, MT fair market rent
Billings, MT HUD Metro FMR Area · FY2027 · upcoming · effective October 1, 2026
Illustrative 90–110% range $1,289–$1,575 · +1.1% from FY2026
Gross rent including tenant-paid utilities. The range is HUD's basic payment-standard band, not your PHA's adopted standard or your voucher payment; your PHA's effective date may differ. Metro FMR area. U.S. county median 2BR $1,056.
Your housing authority's payment standard: not verified on this page.
Confirm the amount, bedroom size, utility allowance and effective date for the unit's address before relying on it.
Find your housing authority| Unit | FY2027 | FY2026 | Change |
|---|---|---|---|
| Studio | $1,003 | $1,016 | -1.3% |
| 1 bedroom | $1,132 | $1,109 | +2.1% |
| 2 bedrooms | $1,432 | $1,417 | +1.1% |
| 3 bedrooms | $1,983 | $1,951 | +1.6% |
| 4 bedrooms | $2,261 | $2,216 | +2.0% |
All Montana areasHow payment standards work
Source: HUD Fair Market Rent data, FMR_All_1983_2027.csv, retrieved 2026-09-19.
2-bedroom FMR, last 11 years
- FY17$859
- FY18$936
- FY19$900
- FY20$889
- FY21$956
- FY22$960
- FY23$1,054
- FY24$1,148
- FY25$1,373
- FY26$1,417
- FY27$1,432
HUD's fiscal year runs October to September, so the FY2027 figure applies from October 1, 2026. The FMR is the 40th-percentile gross rent (rent plus tenant-paid utilities) for standard-quality units, from Census ACS data trended forward with recent rent surveys. It is not a rent cap for private landlords. Data & method
Small Area FMRs by ZIP code
31 ZIPs in Billings, MT HUD Metro FMR Area- ZIP 59001Studio $920 · 1BR $1,000 · 3BR $1,790 · 4BR $2,150
- ZIP 59002Studio $1,040 · 1BR $1,180 · 3BR $2,060 · 4BR $2,350
- ZIP 59006Studio $920 · 1BR $1,000 · 3BR $1,760 · 4BR $2,000
- ZIP 59007Studio $920 · 1BR $1,000 · 3BR $1,760 · 4BR $2,000
- ZIP 59008Studio $990 · 1BR $1,050 · 3BR $1,850 · 4BR $2,070
- ZIP 59013Studio $1,160 · 1BR $1,300 · 3BR $2,290 · 4BR $2,600
- ZIP 59014Studio $920 · 1BR $1,000 · 3BR $1,760 · 4BR $2,000
- ZIP 59015Studio $1,020 · 1BR $1,120 · 3BR $1,900 · 4BR $2,230
- ZIP 59019Studio $920 · 1BR $1,000 · 3BR $1,760 · 4BR $2,010
- ZIP 59024Studio $1,010 · 1BR $1,140 · 3BR $1,990 · 4BR $2,270
- ZIP 59026Studio $940 · 1BR $1,000 · 3BR $1,760 · 4BR $2,000
- ZIP 59029Studio $930 · 1BR $1,000 · 3BR $1,760 · 4BR $2,000
- ZIP 59037Studio $960 · 1BR $1,070 · 3BR $1,890 · 4BR $2,170
- ZIP 59041Studio $1,180 · 1BR $1,330 · 3BR $2,330 · 4BR $2,650
- ZIP 59044Studio $920 · 1BR $1,040 · 3BR $1,810 · 4BR $2,070
- ZIP 59057Studio $1,030 · 1BR $1,150 · 3BR $2,040 · 4BR $2,390
- ZIP 59063Studio $1,060 · 1BR $1,170 · 3BR $2,120 · 4BR $2,550
- ZIP 59064Studio $920 · 1BR $1,000 · 3BR $1,760 · 4BR $2,030
- ZIP 59068Studio $920 · 1BR $1,000 · 3BR $1,760 · 4BR $2,000
- ZIP 59070Studio $1,120 · 1BR $1,260 · 3BR $2,220 · 4BR $2,530
- ZIP 59071Studio $920 · 1BR $1,000 · 3BR $1,760 · 4BR $2,000
- ZIP 59079Studio $1,440 · 1BR $1,630 · 3BR $2,850 · 4BR $3,250
- ZIP 59088Studio $920 · 1BR $1,000 · 3BR $1,760 · 4BR $2,000
- ZIP 59101Studio $950 · 1BR $1,070 · 3BR $1,880 · 4BR $2,150
- ZIP 59102Studio $1,030 · 1BR $1,160 · 3BR $2,040 · 4BR $2,320
- ZIP 59103Studio $1,010 · 1BR $1,140 · 3BR $1,990 · 4BR $2,270
- ZIP 59104Studio $1,010 · 1BR $1,140 · 3BR $1,990 · 4BR $2,270
- ZIP 59105Studio $1,140 · 1BR $1,290 · 3BR $2,260 · 4BR $2,570
- ZIP 59106Studio $1,250 · 1BR $1,410 · 3BR $2,460 · 4BR $2,810
- ZIP 59107Studio $1,010 · 1BR $1,140 · 3BR $1,990 · 4BR $2,270
- ZIP 59108Studio $1,010 · 1BR $1,140 · 3BR $1,990 · 4BR $2,270