County FMR · HUD FY2026

Silver Bow County Fair Market Rent

HUD's FY2026 Fair Market Rent for Silver Bow County, MT - 20% above the US average.

$1,149
1-bedroom FMR
$1,414
2-bedroom FMR
+25.4%
YoY change
+20%
vs US avg

The verdict

Silver Bow is the 19th most expensive of 56 counties in Montana by 2-bedroom FMR; nationally it ranks #566 most expensive of 3,145 HUD counties; rent here has climbed 25.4% since FY 2025, a sharp move relative to most counties.

#566
most expensive of 3,145 US counties (2BR)
#19
most expensive of 56 in Montana (2BR)
+7%
vs the state average
$45,960
income to afford it (30% rule)

Software Developers spend the smallest share of income on rent here (13.8%), while Fast Food and Counter Workers spend the most (47.1%); 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 Silver Bow County, MT. Verify with HUD →

The Fair Market Rent for a 1-bedroom apartment in Silver Bow County, Montana is $1,149 per month in FY 2026, according to the U.S. Department of Housing and Urban Development (HUD). A 2-bedroom costs $1,414/mo and a studio is $1,028/mo. This is 20% higher than the national average of $959 and 7% above the Montana average of $1,076.

Rent increased25.4% from FY 2025 ($916), outpacing inflation. A household needs about $45,960/year to stay under the 30% rent-to-income line.

Observed renter burden: 41.0% of the 4,529 renter households counted by ACS paid at least 30% of income in gross rent. This ACS 2023 household measure is distinct from HUD's FY2026 Fair Market Rent benchmark above.

FY 2026 HUD Fair Market Rents in Montana. Population: 35,306. Population has held roughly steady over the past five years (+2.2%, Census ACS). That's slower than Montana's statewide growth of +6.1% over the same period.

FMR filing desk

Area SILVER·BOW·COUNTY·MT·MT

Silver Bow County, MT: $1,149/mo 1BR · #566 of 3145 counties (2BR) · FY2026

  • FMR-AREA MT
  • 1BR-FMR $1,149
  • 2BR-FMR $1,414
  • RANK-MID #566
  • YOY-SURGE +25.4%
  • VSUS-ABOVE +20%
  • VS-ST-NEAR +7% MT
  • INC-MID 24%
  • POP-SMALL 35K
  • PHOTO-NEAR Yellowstone County
  • VOUCH-90-110 $1,034–$1,264
  • FY-2026 FY2026

Photo-finish peer: Yellowstone ($40 1BR gap)

Read with: Understanding rent burden

Fair Market Rents (2026)

Studio
State avg: $988 · US avg: $893
$1,028/mo
↑ 27.9% YoY +4% vs state +15% vs US
1 Bedroom
State avg: $1,076 · US avg: $959
$1,149/mo
↑ 25.4% YoY +7% vs state +20% vs US
2 Bedroom
State avg: $1,336 · US avg: $1,175
$1,414/mo
↑ 21.3% YoY +6% vs state +20% vs US
3 Bedroom
State avg: $1,789 · US avg: $1,525
$1,967/mo
↑ 20.4% YoY +10% vs state +29% vs US
4 Bedroom
State avg: $2,113 · US avg: $1,756
$2,180/mo
↑ 16.9% YoY +3% vs state +24% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $804
$1,028
+$224 (+27.9%)
1 Bedroom $916
$1,149
+$233 (+25.4%)
2 Bedroom $1,166
$1,414
+$248 (+21.3%)
3 Bedroom $1,634
$1,967
+$333 (+20.4%)
4 Bedroom $1,865
$2,180
+$315 (+16.9%)

Rent Burden Analysis

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

Studio
21.5%
Affordable
Need $41,120/yr for 30% rule
1 Bedroom
24%
Affordable
Need $45,960/yr for 30% rule
2 Bedroom
29.5%
Affordable
Need $56,560/yr for 30% rule
3 Bedroom
41%
Burdened
Need $78,680/yr for 30% rule
4 Bedroom
45.5%
Burdened
Need $87,200/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.

0%100%National avg22%29.5%
Silver Bow County 2-bedroom rent burden
County median income: $57,504 · National avg burden: 21.7% ·View Montana rent burden →

Where Silver Bow sits among every US county

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

$1,414 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 Silver Bow compares on 1-bedroom rent

1-bedroom FMR vs other Montana counties

1BR FMR / mo

What this shows Silver Bow 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), Silver Bow County (this county) ($1,149), 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?

Against a high local FMR of $1,149/mo, which of 15 common occupations still clear the 30% line using Montana BLS wages?

Occupation MT Salary Rent Burden Verdict
Software Developers $100,190 13.8% Affordable
General & Operations Managers $85,240 16.2% Affordable
Registered Nurses $81,560 16.9% Affordable
Accountants & Auditors $74,400 18.5% Affordable
Police & Sheriff's Patrol Officers $69,910 19.7% Affordable
Electricians $68,980 20% Affordable
Heavy & Tractor-Trailer Truck Drivers $59,060 23.3% Affordable
Elementary School Teachers $56,200 24.5% Affordable
Paralegals & Legal Assistants $54,230 25.4% Affordable
Pharmacy Technicians $46,980 29.3% Affordable
Customer Service Representatives $43,820 31.5% Stretched
Janitors & Cleaners $37,390 36.9% Stretched
Retail Salespersons $35,000 39.4% Stretched
Teaching Assistants $33,720 40.9% Stretched
Fast Food & Counter Workers $29,280 47.1% Stretched
Salaries: BLS OES (Montana) median · 30% = affordable threshold · Try the salary calculator →

Rent Trends (2020–2026)

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

Over the 6-year span HUD has tracked for Silver Bow (FY 2020-2026), the 1-bedroom Fair Market Rent has risen 66.5% overall, from $690 to $1,149. The path there hasn't been smooth: year-over-year moves have swung by as much as 26.7% (FY 2025), a volatility pattern that makes single-year comparisons a poor guide to the underlying trend.

$600$800$1,000$1,200 FY2020FY2021FY2022FY2023FY2024FY2025FY2026 $1,149
Silver Bow County 1-bedroom Fair Market Rent, FY2020–FY2026
Year Studio 1 BR 2 BR
FY 2026 ↑25.4% $1,028 $1,149 $1,414
FY 2025 ↑26.7% $804 $916 $1,166
FY 2024 ↑3.4% $632 $723 $932
FY 2023 ↑5.4% $606 $699 $902
FY 2022 ↓4.7% $581 $663 $829
FY 2021 ↑0.9% $625 $696 $860
FY 2020 $623 $690 $849
Total change (6yr): +66.5%
Annualized: +8.9%/yr
1 BR: $690 → $1,149

Part of the Butte-Silver Bow, MT Micro Area

Silver Bow County is a central county of the Butte-Silver Bow, MT micropolitan statistical area.

Nationwide peers by 2BR FMR & rent burden

Two PlainRent-derived comparison paths for Silver Bow County, both outside Montana so the link neighborhoods are not the same-state geography lattice above. Axes stay disjoint: burden peers exclude the FMR peer set.

Similar 2-bedroom FMR

Nearest HUD 2BR Fair Market Rents outside MT (FY2026).

Bartholomew County
IN · 2 BR $1,415/mo
Hood County
TX · 2 BR $1,412/mo
Kennebec County
ME · 2 BR $1,416/mo
Wayne County
MI · 2 BR $1,411/mo

Similar rent burden

Nearest 2BR FMR as a share of median household income (outside MT).

Turner County
GA · 29.5% of income · 2 BR $973/mo
Hampden County
MA · 29.5% of income · 2 BR $1,734/mo
Westchester County
NY · 29.5% of income · 2 BR $2,910/mo
Riverside County
CA · 29.5% of income · 2 BR $2,201/mo

Nearby Counties in Montana

Largest counties by population in Montana

Showing the 8 largest of 55 other counties in Montana.

Yellowstone County
1 BR: $1,109/mo Pop: 165,524
Gallatin County
1 BR: $1,642/mo Pop: 119,685
Missoula County
1 BR: $1,400/mo Pop: 118,541
Flathead County
1 BR: $1,289/mo Pop: 105,950
Cascade County
1 BR: $979/mo Pop: 84,423
Lewis and Clark County
1 BR: $1,319/mo Pop: 71,487
Ravalli County
1 BR: $1,145/mo Pop: 44,876
Lake County
1 BR: $1,104/mo Pop: 31,509
View all counties in Montana →

Frequently Asked Questions

What is the average rent in Silver Bow County? ▼
The FY 2026 Fair Market Rent for a 1-bedroom in Silver Bow County is $1,149 per month. A 2-bedroom is $1,414 and a studio is $1,028.
How does Silver Bow County rent compare to the national average? ▼
Rent in Silver Bow County is 20% above the national average. A 1-bedroom here costs $1,149 compared to $959 nationally.
Where does Silver Bow County rank nationally for Fair Market Rent? ▼
According to HUD's FY 2026 Fair Market Rent schedule, Silver Bow County's 2-bedroom FMR of $1,414 ranks #566 most expensive among 3,145 HUD counties, placing it in the upper-rent quarter of HUD counties.
What income do I need to afford rent in Silver Bow County? ▼
Based on the 30% affordability rule, you need an annual income of at least $45,960 ($3,830/month) to afford a 1-bedroom at Fair Market Rent in Silver Bow County.
Is rent going up or down in Silver Bow County? ▼
The 1-bedroom Fair Market Rent in Silver Bow County increased by 25.4% from FY 2025 to FY 2026, going from $916 to $1,149.
Which jobs can afford rent in Silver Bow 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 $1,149/mo. 10 of 15 common occupations are affordable here.
How much has rent changed in Silver Bow County over time? ▼
The 1-bedroom Fair Market Rent in Silver Bow County went from $690 in FY 2020 to $1,149 in FY 2026, a total change of +66.5% over 6 years.
How does Fair Market Rent affect Section 8 vouchers in Silver Bow County? ▼
In Silver Bow County, the FY 2026 FMR of $1,149/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 Silver Bow County? ▼
For Silver Bow County, it's the specific 40th-percentile rent HUD publishes each year ($1,149/mo for a 1-bedroom in FY 2026).

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.

All federal data sources used on this page
  • HUD Fair Market Rents (FMR) - county-level fair-market rent estimates by bedroom count. huduser.gov/datasets/fmr
  • HUD Income Limits - area median income for affordability calculations. huduser.gov/datasets/il
  • HUD Comprehensive Housing Affordability Strategy (CHAS) - rent burden and housing-cost distribution. huduser.gov/datasets/cp
  • U.S. Census Bureau ACS - county and metro housing characteristics + median rent. census.gov/programs-surveys/acs
  • BLS Consumer Price Index, Rent of Primary Residence - rent inflation by metro. bls.gov/cpi
  • IRS Migration Data (SOI) - interstate migration aggregates affecting county demand. irs.gov/statistics/migration
  • BLS Occupational Employment and Wage Statistics - state-level median wages by occupation, used for job affordability analysis. bls.gov/oes

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.