FMR is near market; voucher and private rents are aligned.
0.92
1 BR
1 BR- 59823
0.95ratio
FMR$1,360
Market$1,430
vs market-$70
FMR is near market; voucher and private rents are aligned.
0.95
2 BR
2 BR- 59823
0.88ratio
FMR$1,640
Market$1,860
vs market-$220
FMR is below market; voucher rent may lag private rents.
0.88
3 BR
3 BR- 59823
0.93ratio
FMR$2,220
Market$2,400
vs market-$180
FMR is near market; voucher and private rents are aligned.
0.93
4 BR
4 BR- 59823
1.04ratio
FMR$2,620
Market$2,530
vs market+$90
FMR is near market; voucher and private rents are aligned.
1.04
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
Bonner, MT fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Bonner, MT is $1,640 a month. That is up 4.5% from $1,570 in FY 2026. Bonner is in the Missoula, MT HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,690. The median county two-bedroom FMR in Montana is $1,310, so Bonner is 25% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Bonner, MT
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,130
$1,200
+6.2%
$1,080–$1,320
1BR
$1,280
$1,360
+6.3%
$1,224–$1,496
2BR
$1,570
$1,640
+4.5%
$1,476–$1,804
3BR
$2,140
$2,220
+3.7%
$1,998–$2,442
4BR
$2,490
$2,620
+5.2%
$2,358–$2,882
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Bonner, MT
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,200
$1,360
$1,640
$2,220
$2,620
FY 2026
$1,130
$1,280
$1,570
$2,140
$2,490
FY 2025
$1,080
$1,230
$1,500
$2,050
$2,370
FY 2024
$850
$990
$1,200
$1,690
$2,050
FY 2023
$940
$1,080
$1,330
$1,860
$2,270
Questions about Bonner, MT rents
How much will Section 8 pay for a two-bedroom in Bonner, MT?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,690, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,521 to $1,859 a month; under the ZIP-level Small Area FMR of $1,640 it would be $1,476 to $1,804. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Bonner, MT in?
Bonner, MT is in the Missoula, MT HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,690.
How much did fair market rent change in Bonner, MT for FY 2027?
The two-bedroom FMR rose 4.5%, from $1,570 in FY 2026 to $1,640 in FY 2027. Since FY 2023 it has risen 23.3%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set