FMR is below market; voucher rent may lag private rents.
0.75
1 BR
1 BR- 59752
0.87ratio
FMR$1,510
Market$1,740
vs market-$230
FMR is below market; voucher rent may lag private rents.
0.87
2 BR
2 BR- 59752
1.03ratio
FMR$1,940
Market$1,890
vs market+$50
FMR is near market; voucher and private rents are aligned.
1.03
3 BR
3 BR- 59752
1.32ratio
FMR$2,700
Market$2,050
vs market+$650
FMR is above market; underwrite to market rent.
1.32
4 BR
4 BR- 59752
1.43ratio
FMR$3,190
Market$2,230
vs market+$960
FMR is above market; underwrite to market rent.
1.43
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
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Three Forks, MT fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Three Forks, MT is $1,940 a month. That is up 1.0% from $1,920 in FY 2026. Three Forks is in the Jefferson County, 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 $1,410. The median county two-bedroom FMR in Montana is $1,310, so Three Forks is 48% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Three Forks, MT
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,330
$1,340
+0.8%
$1,206–$1,474
1BR
$1,540
$1,510
−1.9%
$1,359–$1,661
2BR
$1,920
$1,940
+1.0%
$1,746–$2,134
3BR
$2,640
$2,700
+2.3%
$2,430–$2,970
4BR
$3,140
$3,190
+1.6%
$2,871–$3,509
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Three Forks, MT
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,340
$1,510
$1,940
$2,700
$3,190
FY 2026
$1,330
$1,540
$1,920
$2,640
$3,140
FY 2025
$1,320
$1,490
$1,880
$2,560
$3,090
FY 2024area FMR
$638
$716
$941
$1,326
$1,420
FY 2023area FMR
$613
$697
$917
$1,303
$1,465
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Three Forks, MT rents
How much will Section 8 pay for a two-bedroom in Three Forks, MT?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,410, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,269 to $1,551 a month; under the ZIP-level Small Area FMR of $1,940 it would be $1,746 to $2,134. 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 Three Forks, MT in?
Three Forks, MT is in the Jefferson County, MT HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,410.
How much did fair market rent change in Three Forks, MT for FY 2027?
The two-bedroom FMR rose 1.0%, from $1,920 in FY 2026 to $1,940 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