Home/MT/Gallatin County
Gallatin County, MT
CountySAFMR
Found 15 ZIPs
BRFMR
Eff. Rent
0 BR$1,310 – $1,670$1,310 – $1,670
1 BR$1,470 – $1,840$1,470 – $1,840
2 BR$1,880 – $2,420$1,870 – $2,270
3 BR$2,640 – $3,370$2,050 – $2,820
4 BR$3,110 – $3,970$2,230 – $3,330
5 BR$3,944
6 BR$4,536
7 BR$5,217
8 BR$5,999

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio· 1 ZIP
0.60ratio
FMR$1,620
Market$2,690
vs market-$1,070

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
Studio· 2 ZIPs
0.72ratio range
Median FMR$1,480
Median Market$2,060
vs market-$580

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

2
Studio· 1 ZIP
0.75ratio
FMR$1,330
Market$1,780
vs market-$450

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
Studio· 1 ZIP
1.01ratio
FMR$1,670
Market$1,660
vs market+$10

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
0.60–1.01
1 BR
1 BR· 1 ZIP
0.75ratio
FMR$1,640
Market$2,200
vs market-$560

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
1 BR· 1 ZIP
0.89ratio
FMR$1,540
Market$1,740
vs market-$200

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
1 BR· 1 ZIP
0.92ratio
FMR$1,640
Market$1,790
vs market-$150

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
1 BR· 1 ZIP
0.97ratio
FMR$1,550
Market$1,590
vs market-$40

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
1 BR· 1 ZIP
1.02ratio
FMR$1,840
Market$1,800
vs market+$40

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
0.75–1.02
2 BR
2 BR· 1 ZIP
0.72ratio
FMR$2,310
Market$3,230
vs market-$920

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
2 BR· 1 ZIP
0.84ratio
FMR$2,150
Market$2,550
vs market-$400

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
2 BR· 1 ZIP
0.95ratio
FMR$2,150
Market$2,270
vs market-$120

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
2 BR· 1 ZIP
1.02ratio
FMR$1,920
Market$1,890
vs market+$30

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
2 BR· 2 ZIPs
1.09–1.10ratio range
Median FMR$2,225
Median Market$2,040
vs market+$185

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2
0.72–1.10
3 BR
3 BR· 1 ZIP
0.82ratio
FMR$3,200
Market$3,900
vs market-$700

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
3 BR· 2 ZIPs
1.07–1.09ratio range
Median FMR$3,180
Median Market$2,935
vs market+$245

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2
3 BR· 2 ZIPs
1.10–1.15ratio range
Median FMR$2,905
Median Market$2,585
vs market+$320

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

2
3 BR· 1 ZIP
1.29ratio
FMR$2,640
Market$2,050
vs market+$590

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1
0.82–1.29
4 BR
4 BR· 2 ZIPs
1.07–1.08ratio range
Median FMR$3,670
Median Market$3,415
vs market+$255

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2
4 BR· 1 ZIP
1.10ratio
FMR$3,330
Market$3,020
vs market+$310

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1
4 BR· 2 ZIPs
1.15–1.18ratio range
Median FMR$3,750
Median Market$3,210
vs market+$540

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

2
4 BR· 1 ZIP
1.41ratio
FMR$3,140
Market$2,230
vs market+$910

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1
1.07–1.41
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

ZIP Codes

Ranked by Investment Score (vs area median)

About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for Gallatin County, MT (MT) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.