Fair Market Rent · Montana
Fair Market Rent in Gallatin County, MT
FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.
HUD's FY2027 Fair Market Rent for a 2-bedroom home in Gallatin County is $2,109 a month, -2.1% from FY2026. Gallatin County is part of the Bozeman, MT MSA (a metro area). HUD also publishes Small Area FMRs by ZIP code here; those can be higher or lower than the area-wide figure. See each ZIP code below.
Area-wide Fair Market Rents
| Size | FY2027 | FY2026 | Change | Typical voucher range (90–110%) |
|---|---|---|---|---|
| Studio | $1,469 | $1,485 | -1.1% | $1,322–1,616 |
| 1 bedroom | $1,612 | $1,642 | -1.8% | $1,451–1,773 |
| 2 bedrooms | $2,109 | $2,154 | -2.1% | $1,898–2,320 |
| 3 bedrooms | $2,920 | $2,996 | -2.5% | $2,628–3,212 |
| 4 bedrooms | $3,487 | $3,537 | -1.4% | $3,138–3,836 |
The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.
Rents by ZIP code in Gallatin County
Open a ZIP code for every size, the spread of rents and nearby ZIP codes.
| ZIP | Place | 2-bedroom FMR (ZIP) | Census median, 2 bedrooms | Census median, all sizes |
|---|---|---|---|---|
| 59714 | Belgrade | $2,050 | $1,629 | $1,794 |
| 59715 | Bozeman | $1,940 | $1,388 | $1,365 |
| 59718 | Bozeman | $2,380 | $1,718 | $1,999 |
| 59730 | Gallatin Gateway | $2,250 | $620 | – |
| 59741 | Manhattan | $2,140 | $1,659 | $1,703 |
| 59752 | Three Forks | $1,940 | $1,324 | $1,272 |
| 59758 | West Yellowstone | $1,940 | – | $1,060 |
| 59760 | Willow Creek | $1,940 | – | – |
Sources: HUD Fair Market Rents and Small Area Fair Market Rents, FY2027 (effective October 1, 2026) and FY2026; U.S. Census Bureau, 2020–2024 American Community Survey 5-year estimates (median gross rent by ZIP code). Fair Market Rents and Census figures include utilities. Not affiliated with HUD or the Census Bureau. About the data.