HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Mineral County, Montana (FY 2026)
A two-bedroom in Mineral County carries a FY 2026 Fair Market Rent of $1,361 a month, effective October 1, 2025 through September 30, 2026. Everything Section 8 pays in Mineral keys off that figure.
2 bedroom FMR
$1,361
FY 2026, utilities included
Payment standard range
$1,225 to $1,497
90% to 110% of FMR
Income to afford 2BR
$54,440
per year, at 30% of income
Rank in Montana
23rd of 56
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Mineral moves to $1,390. That's up 2%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Mineral actually rent for?
Search any address in Mineral for a rent estimate built from nearby comps, with the HUD figure right next to it.
FY 2026 Fair Market Rents
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2025 |
|---|---|---|---|---|---|
| Studio | $941 | $847 to $1,035 | $37,640 | $18.10/hr | -2.8% |
| 1 bedroom | $1,083 | $975 to $1,191 | $43,320 | $20.83/hr | +3.8% |
| 2 bedroom | $1,361 | $1,225 to $1,497 | $54,440 | $26.17/hr | +3.2% |
| 3 bedroom | $1,632 | $1,469 to $1,795 | $65,280 | $31.38/hr | +2.7% |
| 4 bedroom | $1,915 | $1,724 to $2,107 | $76,600 | $36.83/hr | -0.2% |
5 to 8 bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $2,202 | $1,982 to $2,422 |
| 6 bedroom Estimate | $2,490 | $2,241 to $2,739 |
| 7 bedroom Estimate | $2,777 | $2,499 to $3,055 |
| 8 bedroom Estimate | $3,064 | $2,758 to $3,370 |
Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2026 that's October 1, 2025 through September 30, 2026. In Mineral, that runs from $941 for a studio up to $1,915 for four bedrooms, all five rates in the table above.
Mineral is its own HUD metro area (Mineral County, MT), so the rate here is set from rents inside the county rather than a wider region.
Among Montana's 56 counties, Mineral ranks 23rd for two-bedroom FMR. That's about 4% above the state median of $1,307 and about 34% above the national median county at $1,018. About 4,652 people live here, 37th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,190 in 59830 (De Borgia) and $1,450 in 59820 (Alberton), with the 6 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Mineral somewhere between $1,225 and $1,497. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$1,361 a month is affordable, by HUD's 30% rule, on an income of roughly $54,440 a year. Put another way, $26 an hour full time.
Worked example for a two-bedroom, assuming the rent equals the payment standard. Tenant pays 30% of monthly income, HUD's housing assistance payment covers the rest.
| Monthly household income | Tenant pays (30%) | HAP at 90% ($1,225) | HAP at 100% ($1,361) | HAP at 110% ($1,497) |
|---|---|---|---|---|
| $2,500 | $750 | $475 | $611 | $747 |
| $4,000 | $1,200 | $25 | $161 | $297 |
Rate history
The two-bedroom rate went up 3% from FY 2025 ($1,319) to FY 2026 ($1,361). Since FY 2020 it's up 91% in total, about 11.4% a year. The Montana median moved up 3% over the same year.
| Year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $492 | $627 | $714 | $1,030 | $1,141 | — |
| FY 2021 | $514 | $644 | $734 | $1,050 | $1,150 | +2.8% |
| FY 2022 | $535 | $633 | $757 | $1,075 | $1,140 | +3.1% |
| FY 2023 | $596 | $644 | $826 | $1,006 | $1,227 | +9.1% |
| FY 2024 | $658 | $697 | $905 | $1,094 | $1,365 | +9.6% |
| FY 2025 | $968 | $1,043 | $1,319 | $1,589 | $1,919 | +45.7% |
| FY 2026 | $941 | $1,083 | $1,361 | $1,632 | $1,915 | +3.2% |
| FY 2027 | $968 | $1,173 | $1,390 | $1,679 | $1,854 | +2.1% |
Nearby counties
Sanders County
$1,11527 mi · pop 12,615
Lake County
$1,44449 mi · pop 31,509
Missoula County
$1,65559 mi · pop 118,541
Flathead County
$1,69182 mi · pop 105,950
Ravalli County
$1,42386 mi · pop 44,876
Lincoln County
$1,17097 mi · pop 20,157
Granite County
$1,053103 mi · pop 3,368
Powell County
$1,133119 mi · pop 6,998
Questions people ask
$1,361 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $941 for a studio, $1,083 for one bedroom, $1,632 for three and $1,915 for four.
Tools for this county
Fair Market Rent lookup
Look up any ZIP code's Small Area FMR by bedroom count.
Section 8 rent calculator
Work out the payment standard and tenant share for a specific rent.
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords.
Rent affordability calculator
See what income a household needs for a given rent.
What does a rental in Mineral actually go for?
HUD's number is one input. Search any address in Mineral for a rent estimate built from nearby comps. 3 free searches, no card.
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