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MT/Missoula County/Missoula

Missoula, MT

CitySAFMR
Missoula County
Found 8 ZIPs
Zillow

City Median Investment Score

46Below average

095130300
BRFMR
Eff. Rent
0 BR$1,110 – $1,280$940 – $1,310
1 BR$1,360 – $1,560$1,110 – $1,480
2 BR$1,600 – $1,840$1,590 – $1,850
3 BR$2,220 – $2,550$2,130 – $2,460
4 BR$2,670 – $3,080$2,130 – $2,930
5 BR$3,243Not available
6 BR$3,729Not available
7 BR$4,289Not available
8 BR$4,932Not available

Public Housing Authority

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Rolodex

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Market Alignment

Studio
2
0.95-1.36
1 BR
2
1.04-1.41
2 BR
2
0.88-1.14
3 BR
2
0.96-1.18
4 BR
3
1.07-1.43
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Missoula, MT fair market rent, FY 2027

For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 8 ZIP codes in Missoula, MT ranges from $1,600 to $1,840 a month, with a median of $1,690. That is up 1.8% from $1,660 in FY 2026. Missoula 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 Missoula is 29% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Missoula, MT
BedroomsFY 2027Change90–110% range
Studio$1,180+2.6%$1,062–$1,298
1BR$1,430+2.1%$1,287–$1,573
2BR$1,690+1.8%$1,521–$1,859
3BR$2,340+1.3%$2,106–$2,574
4BR$2,820+1.4%$2,538–$3,102

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Missoula, MT
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,180$1,430$1,690$2,340$2,820
FY 2026$1,150$1,400$1,660$2,310$2,780
FY 2025$1,120$1,340$1,600$2,240$2,690
FY 2024$840$990$1,200$1,690$2,040
FY 2023$790$910$1,120$1,570$1,910

Two-bedroom rent by ZIP code

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. median
59803$1,840+8.9%
59808$1,820+7.7%
59804$1,750+3.6%
59806$1,6900.0%
59807$1,6900.0%
59802$1,610−4.7%
59801$1,600−5.3%
59812$1,600−5.3%

Questions about Missoula, MT rents

How much will Section 8 pay for a two-bedroom in Missoula, 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 $1,690 it would be $1,521 to $1,859. 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 Missoula, MT in?

Missoula, 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 Missoula, MT for FY 2027?

The two-bedroom FMR rose 1.8%, from $1,660 in FY 2026 to $1,690 in FY 2027. Since FY 2023 it has risen 50.9%.

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

County fair market rentMT statewide rentsWhat is SAFMR?Data sources