HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Rosebud County, Montana (FY 2026)
HUD's FY 2026 Fair Market Rent for a two-bedroom in Rosebud County is $1,186 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
2 bedroom FMR
$1,186
FY 2026, utilities included
Payment standard range
$1,067 to $1,305
90% to 110% of FMR
Income to afford 2BR
$47,440
per year, at 30% of income
Rank in Montana
41st of 56
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Rosebud moves to $1,189. That's unchanged. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Rosebud actually rent for?
Search any address in Rosebud 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 | $889 | $800 to $978 | $35,560 | $17.10/hr | +5.5% |
| 1 bedroom | $993 | $894 to $1,092 | $39,720 | $19.10/hr | +4.9% |
| 2 bedroom | $1,186 | $1,067 to $1,305 | $47,440 | $22.81/hr | +3.2% |
| 3 bedroom | $1,649 | $1,484 to $1,814 | $65,960 | $31.71/hr | +5.0% |
| 4 bedroom | $1,990 | $1,791 to $2,189 | $79,600 | $38.27/hr | +3.2% |
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 | $2,289 | $2,060 to $2,518 |
| 6 bedroom Estimate | $2,587 | $2,328 to $2,846 |
| 7 bedroom Estimate | $2,886 | $2,597 to $3,175 |
| 8 bedroom Estimate | $3,184 | $2,866 to $3,502 |
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 Rosebud, that runs from $889 for a studio up to $1,990 for four bedrooms, all five rates in the table above.
Because Rosebud sits outside any HUD metro area, its rate is a county-wide figure built from local rents. One number covers every address in the county, Ashland included.
Among Montana's 56 counties, Rosebud ranks 41st for two-bedroom FMR. That's about 9% below the state median of $1,307 and about 17% above the national median county at $1,018. About 8,310 people live here, 27th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,070 in 59003 (Ashland) and $1,630 in 59043 (Lame Deer), with the 10 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 Rosebud somewhere between $1,067 and $1,305. 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.
$1,186 a month is affordable, by HUD's 30% rule, on an income of roughly $47,440 a year. Put another way, $23 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% ($1,067) | HAP at 100% ($1,186) | HAP at 110% ($1,305) |
|---|---|---|---|---|
| $2,500 | $750 | $317 | $436 | $555 |
| $4,000 | $1,200 | $0 | $0 | $105 |
Rate history
The two-bedroom rate went up 3% from FY 2025 ($1,149) to FY 2026 ($1,186). Since FY 2020 it's up 66% in total, about 8.8% 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 | $1,000 | $1,173 | — |
| FY 2021 | $514 | $644 | $734 | $995 | $1,216 | +2.8% |
| FY 2022 | $535 | $643 | $757 | $1,017 | $1,266 | +3.1% |
| FY 2023 | $596 | $668 | $826 | $1,102 | $1,407 | +9.1% |
| FY 2024 | $658 | $749 | $905 | $1,253 | $1,536 | +9.6% |
| FY 2025 | $843 | $947 | $1,149 | $1,570 | $1,929 | +27.0% |
| FY 2026 | $889 | $993 | $1,186 | $1,649 | $1,990 | +3.2% |
| FY 2027 | $909 | $971 | $1,189 | $1,646 | $1,987 | +0.3% |
Nearby counties
Treasure County
$1,54831 mi · pop 680
Custer County
$1,60851 mi · pop 11,957
Big Horn County
$1,30265 mi · pop 13,090
Powder River County
$1,02574 mi · pop 1,773
Garfield County
$1,09980 mi · pop 976
Musselshell County
$1,34484 mi · pop 4,924
Prairie County
$1,54884 mi · pop 1,283
Yellowstone County
$1,41789 mi · pop 165,524
Questions people ask
$1,186 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $889 for a studio, $993 for one bedroom, $1,649 for three and $1,990 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 Rosebud actually go for?
HUD's number is one input. Search any address in Rosebud for a rent estimate built from nearby comps. 3 free searches, no card.
Free tier. No credit card.