County FMR · HUD FY2026

Carbon County Fair Market Rent

HUD's FY2026 Fair Market Rent for Carbon County, MT - 16% above the US average.

$1,109
1-bedroom FMR
$1,417
2-bedroom FMR
+17.0%
YoY change
+16%
vs US avg

The verdict

Carbon is the 18th most expensive of 56 counties in Montana by 2-bedroom FMR; rent here has climbed 17.0% since FY 2025, a sharp move relative to most counties.

#18
most expensive of 56 in Montana (2BR)
+3%
vs the state average
$44,360
income to afford it (30% rule)
+17.0%
YoY, FY2025→2026

Software Developers spend the smallest share of income on rent here (13.3%), while Fast Food and Counter Workers spend the most (45.5%); nearby Montana counties range as much as 68% apart in 1-bedroom FMR, so the county line itself can matter for renters comparing options.

FY 2026 HUD Fair Market Rent for Carbon County, MT. Verify with HUD →

The Fair Market Rent for a 1-bedroom apartment in Carbon County, Montana is $1,109 per month in FY 2026, according to the U.S. Department of Housing and Urban Development (HUD). A 2-bedroom costs $1,417/mo and a studio is $1,016/mo. This is 16% higher than the national average of $959 and 3% above the Montana average of $1,076.

Rent increased17.0% from FY 2025 ($948), outpacing inflation. To afford rent here, a household needs at least $44,360/year based on the 30% affordability rule.

FY 2026 HUD Fair Market Rents in Montana. Population: 10,645. Population has held roughly steady over the past five years (+3.1%, Census ACS). That's slower than Montana's statewide growth of +6.1% over the same period.

What these rents mean for Carbon County

The Carbon County FMR area applies to all ZIP codes inside the county boundary, and Montana's housing authorities use it as the baseline for Section 8 Housing Choice Voucher payment standards. See how FMR is calculated for the full 40th-percentile methodology and payment-standard rules.

Compared to the rest of the country, a 1-bedroom here is 16% above the US average of $959 and 3% higher than the Montana state average of $1,076. Year-over-year, the 1-bedroom FMR moved from$948 in FY 2025 to $1,109 in FY 2026 - a change of +17.0%, which outpaces typical consumer inflation.

At the FY 2026 1-bedroom FMR of $1,109, affording it under the 30%-of-income rule takes $44,360 per year (about $3,697/month) in household income, and a 2-bedroom at $1,417 pushes that threshold even higher. With a population of 10,645 and a county median household income of $71,017, the arithmetic here directly shapes which wage earners can rent without being cost-burdened.

Fair Market Rents (2026)

Studio
State avg: $988 · US avg: $893
$1,016/mo
↑ 12.4% YoY +3% vs state +14% vs US
1 Bedroom
State avg: $1,076 · US avg: $959
$1,109/mo
↑ 17.0% YoY +3% vs state +16% vs US
2 Bedroom
State avg: $1,336 · US avg: $1,175
$1,417/mo
↑ 15.6% YoY +6% vs state +21% vs US
3 Bedroom
State avg: $1,789 · US avg: $1,525
$1,951/mo
↑ 15.8% YoY +9% vs state +28% vs US
4 Bedroom
State avg: $2,113 · US avg: $1,756
$2,216/mo
↑ 16.8% YoY +5% vs state +26% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $904
$1,016
+$112 (+12.4%)
1 Bedroom $948
$1,109
+$161 (+17.0%)
2 Bedroom $1,226
$1,417
+$191 (+15.6%)
3 Bedroom $1,685
$1,951
+$266 (+15.8%)
4 Bedroom $1,897
$2,216
+$319 (+16.8%)

Affordability Snapshot

Based on the standard that rent should not exceed 30% of gross income:

Required annual income for 1 BR
$44,360
$3,697/month gross
Required annual income for 2 BR
$56,680
$4,723/month gross

Rent Burden Analysis

How much of household income goes to rent in Carbon County. The 30% threshold indicates cost burden.

Studio
17.2%
Affordable
Need $40,640/yr for 30% rule
1 Bedroom
18.7%
Affordable
Need $44,360/yr for 30% rule
2 Bedroom
23.9%
Affordable
Need $56,680/yr for 30% rule
3 Bedroom
33%
Burdened
Need $78,040/yr for 30% rule
4 Bedroom
37.4%
Burdened
Need $88,640/yr for 30% rule
How we calculate this

Rent burden = (FMR × 12) ÷ county median household income. Required income = (FMR × 12) ÷ 0.3, the federal 30%-of-gross-income rule HUD uses to define cost burden. Median household income is from the U.S. Census Bureau's American Community Survey; FMR is from HUD's FY2026 release. See methodology.

Carbon County 2-bedroom rent burden

0%100%National avg22%23.9%
Carbon County 2-bedroom rent burden
County median income: $71,017 · National avg burden: 21.7% ·View Montana rent burden →

Where Carbon sits among every US county

2-bedroom Fair Market Rent vs. all 3,145 HUD counties

$1,417 Top 18% higher than 82% of 3,145 counties

$600–$800: 23 counties (1%). Below this entry. $800–$1,000: 1,406 counties (45%). Below this entry. $1,000–$1,200: 723 counties (23%). Below this entry. $1,200–$1,400: 417 counties (13%). Below this entry. $1,400–$1,600: 181 counties (6%). This entry sits in this band. $1,600–$1,800: 172 counties (5%). Above this entry. $1,800–$2,000: 108 counties (3%). Above this entry. $2,000–$2,200: 29 counties (1%). Above this entry. $2,200–$2,400: 40 counties (1%). Above this entry. $2,400–$2,600: 13 counties (0%). Above this entry. $2,600–$2,800: 9 counties (0%). Above this entry. $2,800–$3,000: 15 counties (0%). Above this entry. $3,000–$3,200: 3 counties (0%). Above this entry. $3,200–$3,400: 1 counties (0%). Above this entry. $3,400–$3,600: 1 counties (0%). Above this entry. $3,600–$3,800: 3 counties (0%). Above this entry. $3,800–$4,000: 0 counties (0%). Above this entry. $4,000–$4,200: 0 counties (0%). Above this entry. $4,200–$4,400: 1 counties (0%). Above this entry. This county $600 $4,400 every US county, bucketed by value

Each bar is a $0.2K-wide band; taller bars hold more counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Department of Housing and Urban Development, Fair Market Rents · FY2026

How Carbon compares on 1-bedroom rent

1-bedroom FMR vs other Montana counties

1BR FMR / mo

What this shows Carbon is highlighted. Nearby Montana counties by 1-bedroom FMR, highest to lowest: Gallatin County ($1,642), Missoula County ($1,400), Lewis and Clark County ($1,319), Flathead County ($1,289), Carbon County (this county) ($1,109), Yellowstone County ($1,109), Cascade County ($979).

Source U.S. Department of Housing and Urban Development (HUD) As of FY2026

Can Common Jobs Afford Rent Here?

How a 1-bedroom at $1,109/mo compares to Montana salaries for popular occupations (BLS wage data, 30%-of-income rule).

Occupation MT Salary Rent Burden Verdict
Software Developers $100,190 13.3% Affordable
General & Operations Managers $85,240 15.6% Affordable
Registered Nurses $81,560 16.3% Affordable
Accountants & Auditors $74,400 17.9% Affordable
Police & Sheriff's Patrol Officers $69,910 19% Affordable
Electricians $68,980 19.3% Affordable
Heavy & Tractor-Trailer Truck Drivers $59,060 22.5% Affordable
Elementary School Teachers $56,200 23.7% Affordable
Paralegals & Legal Assistants $54,230 24.5% Affordable
Pharmacy Technicians $46,980 28.3% Affordable
Customer Service Representatives $43,820 30.4% Stretched
Janitors & Cleaners $37,390 35.6% Stretched
Retail Salespersons $35,000 38% Stretched
Teaching Assistants $33,720 39.5% Stretched
Fast Food & Counter Workers $29,280 45.5% Stretched
Salaries: BLS OES (Montana) median · 30% = affordable threshold · Try the salary calculator →

7-year Fair Market Rent history for Carbon County. Shows how HUD rental rates have changed over time.

Over the 6-year span HUD has tracked for Carbon (FY 2020-2026), the 1-bedroom Fair Market Rent has risen 64.3% overall, from $675 to $1,109. Most of that movement was gradual except for a single sharp jump of +17.0% in FY 2026, well above this county's typical year-to-year change.

$600$700$800$900$1,000$1,100$1,200 FY2020FY2021FY2022FY2023FY2024FY2025FY2026 $1,109
Carbon County 1-bedroom Fair Market Rent, FY2020–FY2026
Year Studio 1 BR 2 BR
FY 2026 ↑17.0% $1,016 $1,109 $1,417
FY 2025 ↑8.5% $904 $948 $1,226
FY 2024 ↑9.1% $837 $874 $1,148
FY 2023 ↑9.7% $745 $801 $1,054
FY 2022 ↑0.7% $646 $730 $960
FY 2021 ↑7.4% $631 $725 $956
FY 2020 $579 $675 $889
Total change (6yr): +64.3%
Annualized: +8.6%/yr
1 BR: $675 → $1,109

Part of the Billings, MT Metro Area

Carbon County is a outlying county of the Billings, MT metropolitan statistical area, alongside 2 other metro-area counties.

Carbon County ranks #2 of 3 counties in this metro area by 1-bedroom FMR. Every county sharing this metro, highest to lowest: Yellowstone County ($1,109), Carbon County (this county) ($1,109), Stillwater County ($958).

Nearby Counties in Montana

Largest counties by population in Montana

Frequently Asked Questions

What is the average rent in Carbon County?
The FY 2026 Fair Market Rent for a 1-bedroom in Carbon County is $1,109 per month. A 2-bedroom is $1,417 and a studio is $1,016.
How does Carbon County rent compare to the national average?
Rent in Carbon County is 16% above the national average. A 1-bedroom here costs $1,109 compared to $959 nationally.
What income do I need to afford rent in Carbon County?
Based on the 30% affordability rule, you need an annual income of at least $44,360 ($3,697/month) to afford a 1-bedroom at Fair Market Rent in Carbon County.
Is rent going up or down in Carbon County?
The 1-bedroom Fair Market Rent in Carbon County increased by 17.0% from FY 2025 to FY 2026, going from $948 to $1,109.
Which jobs can afford rent in Carbon County?
Based on Montana BLS salary data and the 30% affordability rule, jobs like Software Developers, General and Operations Managers, Registered Nurses can afford a 1-bedroom at $1,109/mo. 10 of 15 common occupations are affordable here.
How much has rent changed in Carbon County over time?
The 1-bedroom Fair Market Rent in Carbon County went from $675 in FY 2020 to $1,109 in FY 2026, a total change of +64.3% over 6 years.
How does Fair Market Rent affect Section 8 vouchers in Carbon County?
In Carbon County, the FY 2026 FMR of $1,109/mo for a 1-bedroom sets the baseline that local housing authorities use for Section 8 payment standards.
What does Fair Market Rent mean for Carbon County?
For Carbon County, it's the specific 40th-percentile rent HUD publishes each year ($1,109/mo for a 1-bedroom in FY 2026).

What this means for renters

Treat Carbon's FY2026 Fair Market Rent as HUD's affordability benchmark, not a market quote.

  • Budget to roughly 30% of income: the FY2026 1-bedroom FMR of $1,109 implies about $44,360/yr to rent without being cost-burdened. Run your numbers
  • Compare this county against nearby metros and states before signing a lease. Compare areas
  • See where it sits on the national rent map. View rankings

Fair Market Rent is HUD's 40th-percentile policy benchmark used to set Housing Choice Voucher payment standards. Actual asking rents in Carbon can run higher or lower, and HUD updates FMRs once a year. This page is informational and not financial or relocation advice.

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Census Bureau and HUD Fair Market Rents. Consult a qualified professional before making decisions based on this data.

Every figure on PlainRent is rendered directly from HUD's published Fair Market Rent records, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of FY 2026.