For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Miles City, MT is $1,610 a month. That is unchanged from FY 2026. Miles City is in the Custer 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 $1,612. The median county two-bedroom FMR in Montana is $1,310, so Miles City is 23% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Miles City, MT
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,110
$1,160
+4.5%
$1,044–$1,276
1BR
$1,230
$1,230
0.0%
$1,107–$1,353
2BR
$1,610
$1,610
0.0%
$1,449–$1,771
3BR
$2,160
$2,190
+1.4%
$1,971–$2,409
4BR
$2,330
$2,470
+6.0%
$2,223–$2,717
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Miles City, MT
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,160
$1,230
$1,610
$2,190
$2,470
FY 2026
$1,110
$1,230
$1,610
$2,160
$2,330
FY 2025
$1,070
$1,190
$1,560
$2,140
$2,150
FY 2024area FMR
$708
$795
$1,044
$1,453
$1,458
FY 2023area FMR
$702
$739
$973
$1,371
$1,376
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Miles City, MT rents
How much will Section 8 pay for a two-bedroom in Miles City, MT?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,612, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,451 to $1,773 a month; under the ZIP-level Small Area FMR of $1,610 it would be $1,449 to $1,771. 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 Miles City, MT in?
Miles City, MT is in the Custer County, MT non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,612.
How much did fair market rent change in Miles City, MT for FY 2027?
The two-bedroom FMR was unchanged at $1,610 in FY 2027. Since FY 2025 it has risen 3.2%.
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