BIG SKY, MT
CitySAFMR
Madison County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$1,620$1,620
1 BR$1,770
2 BR$2,310$2,310
3 BR$3,200$3,200
4 BR$3,810$3,550
5 BR$4,382
6 BR$5,039
7 BR$5,795
8 BR$6,664

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio· 59716
0.60ratio
FMR$1,620
Market$2,690
vs market-$1,070

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.60
2 BR
2 BR· 59716
0.72ratio
FMR$2,310
Market$3,230
vs market-$920

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.72
3 BR
3 BR· 59716
0.82ratio
FMR$3,200
Market$3,900
vs market-$700

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.82
4 BR
4 BR· 59716
1.07ratio
FMR$3,810
Market$3,550
vs market+$260

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1.07
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$281,349
Rent
$2,310
Down payment
$56,270
Loan
$225,079
Mortgage
$1,423
Expenses
$687
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for BIG SKY, MT (MT) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

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