FMR is below market; voucher rent may lag private rents.
0.67
1 BR
1 BR- 59922
0.69ratio
FMR$1,300
Market$1,890
vs market-$590
FMR is below market; voucher rent may lag private rents.
0.69
2 BR
2 BR- 59922
0.83ratio
FMR$1,710
Market$2,060
vs market-$350
FMR is below market; voucher rent may lag private rents.
0.83
3 BR
3 BR- 59922
1.05ratio
FMR$2,280
Market$2,180
vs market+$100
FMR is near market; voucher and private rents are aligned.
1.05
4 BR
4 BR- 59922
1.16ratio
FMR$2,630
Market$2,270
vs market+$360
FMR is above market; underwrite to market rent.
1.16
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
--
Lakeside, MT fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Lakeside, MT is $1,710 a month. That is down 2.3% from $1,750 in FY 2026. Lakeside is in the Lake County, MT non-metropolitan 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 county-wide two-bedroom FMR of $1,448. The median county two-bedroom FMR in Montana is $1,310, so Lakeside is 31% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Lakeside, MT
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,310
$1,300
−0.8%
$1,170–$1,430
1BR
$1,330
$1,300
−2.3%
$1,170–$1,430
2BR
$1,750
$1,710
−2.3%
$1,539–$1,881
3BR
$2,290
$2,280
−0.4%
$2,052–$2,508
4BR
$2,870
$2,630
−8.4%
$2,367–$2,893
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Lakeside, MT
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,300
$1,300
$1,710
$2,280
$2,630
FY 2026
$1,310
$1,330
$1,750
$2,290
$2,870
FY 2025
$1,160
$1,200
$1,580
$2,100
$2,640
FY 2024area FMR
$633
$743
$934
$1,175
$1,244
FY 2023area FMR
$594
$719
$888
$1,110
$1,193
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Lakeside, MT rents
How much will Section 8 pay for a two-bedroom in Lakeside, MT?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,448, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,303 to $1,593 a month; under the ZIP-level Small Area FMR of $1,710 it would be $1,539 to $1,881. 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 Lakeside, MT in?
Lakeside, MT is in the Lake County, MT non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,448.
How much did fair market rent change in Lakeside, MT for FY 2027?
The two-bedroom FMR fell 2.3%, from $1,750 in FY 2026 to $1,710 in FY 2027. Since FY 2025 it has risen 8.2%.
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