Fair Market Rent, one bedroom (HUD, monthly) in Yellowstone County

Fair Market Rent, one bedroom (HUD, monthly) in Yellowstone County was $1,132 in 2027, according to the U.S. Department of Housing and Urban Development, Office of Policy Development and Research. That is up 2.1% from 2026. That is the 21st highest of 56 counties in 2027.

2027, USD1,132
Change on 2026+2.1%
Series high1,1322027
Series low4992010

Next release: Saturday, 15 May 2027, estimated by Invokely from past publication dates (medium confidence), not announced by the publisher. Release calendar

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Fair Market Rent, one bedroom (HUD, monthly) in Yellowstone County, 2010 to 2027

4006008001,0001,2002010201320162019202220272010: 499 USD2011: 536 USD2012: 551 USD2013: 536 USD2014: 517 USD2015: 538 USD2016: 579 USD2017: 646 USD2018: 708 USD2019: 680 USD2020: 675 USD2021: 725 USD2022: 730 USD2023: 801 USD2024: 874 USD2025: 1,062 USD2026: 1,109 USD2027: 1,132 USD4006008001,0001,20020102016202220272010: 499 USD2011: 536 USD2012: 551 USD2013: 536 USD2014: 517 USD2015: 538 USD2016: 579 USD2017: 646 USD2018: 708 USD2019: 680 USD2020: 675 USD2021: 725 USD2022: 730 USD2023: 801 USD2024: 874 USD2025: 1,062 USD2026: 1,109 USD2027: 1,132 USD
USD. Source: HUD, HUD Fair Market Rents by county: one bedroom, monthly gross rent in dollars. Retrieved 2026-10-12.
All 18 values
PeriodUSD
20271,132
20261,109
20251,062
2024874
2023801
2022730
2021725
2020675
2019680
2018708
2017646
2016579
2015538
2014517
2013536
2012551
2011536
2010499

Yellowstone County compared with nearby places

Beaverhead County: 987 USDBig Horn County: 1,007 USDBlaine County: 932 USDBroadwater County: 1,612 USDCarbon County: 1,132 USDCarter County: 953 USDCascade County: 1,000 USDChouteau County: 1,001 USDCuster County: 1,232 USDDaniels County: 903 USDDawson County: 961 USDDeer Lodge County: 973 USDFallon County: 1,102 USDFergus County: 1,108 USDFlathead County: 1,286 USDGallatin County: 1,612 USDGarfield County: 864 USDGlacier County: 1,174 USDGolden Valley County: 1,053 USDGranite County: 828 USDHill County: 1,077 USDJefferson County: 1,078 USDJudith Basin County: 912 USDLake County: 1,123 USDLewis and Clark County: 1,320 USDLiberty County: 813 USDLincoln County: 1,078 USDMcCone County: 1,218 USDMadison County: 1,211 USDMeagher County: 1,096 USDMineral County: 1,173 USDMissoula County: 1,433 USDMusselshell County: 1,238 USDPark County: 1,373 USDPetroleum County: 1,218 USDPhillips County: 931 USDPondera County: 1,030 USDPowder River County: 807 USDPowell County: 1,044 USDPrairie County: 1,218 USDRavalli County: 1,166 USDRichland County: 1,176 USDRoosevelt County: 923 USDRosebud County: 971 USDSanders County: 854 USDSheridan County: 928 USDSilver Bow County: 1,176 USDStillwater County: 972 USDSweet Grass County: 925 USDTeton County: 1,205 USDToole County: 947 USDTreasure County: 1,218 USDValley County: 1,023 USDWheatland County: 878 USDWibaux County: 1,218 USDYellowstone County: 1,132 USD
  • Under 930
  • 930 to 980
  • 980 to 1,100
  • 1,100 to 1,200
  • 1,200 and over
Fair Market Rent, one bedroom (HUD, monthly), 2027, USD. Yellowstone County is outlined. Same source and period for every area shown. Source: U.S. Department of Housing and Urban Development, Office of Policy Development and Research. Boundaries: U.S. Census Bureau cartographic boundary files.

Rankings

Definition

Monthly gross rent, in US dollars, that the U.S. Department of Housing and Urban Development (HUD) sets for a one-bedroom unit in the HUD area that contains the county.

More on how it is measured
  • Gross rent is the rent plus all utilities paid by the tenant except telephone, cable or satellite television and internet.
  • HUD sets Fair Market Rents at the 40th percentile of gross rents paid by recent movers for standard-quality rental units, from American Community Survey data brought forward to the fiscal year; until 2018 a few metropolitan areas were set at the 50th percentile.
  • They set payment standards for Housing Choice Vouchers and rent ceilings in other HUD programs.

A policy benchmark, not a measured rent: it is lower than the median rent by design and differs from the Census Bureau median gross rent. HUD sets one value per HUD area, a metropolitan area (sometimes split into HUD Metro FMR Areas) or a non-metropolitan county, so every county of a metropolitan area shows the same figure. Counties in the six New England states have no value, because HUD defines their areas by town and a county can span several areas. Where HUD splits off part of a county, the county value is the rest of the county: Howard County, Maryland, without Columbia until FY2015, and Crawford County, Missouri, without its part of Sullivan. The year is HUD's federal fiscal year: FY2027 runs from 1 October 2026 to 30 September 2027.

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How to cite

U.S. Department of Housing and Urban Development, HUD USER. HUD Fair Market Rents by county: one bedroom, monthly gross rent in dollars. https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx. Retrieved 2026-10-12.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

U.S. Department of Housing and Urban Development, Office of Policy Development and Research. (n.d.). HUD Fair Market Rents by county: one bedroom, monthly gross rent in dollars (Fair Market Rent, one bedroom (HUD, monthly), Yellowstone County, 2010 to 2027) [Data set]. Retrieved October 12, 2026, from https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx

MLA 9

HUD Fair Market Rents by county: one bedroom, monthly gross rent in dollars, Fair Market Rent, one bedroom (HUD, monthly), Yellowstone County, 2010 to 2027. U.S. Department of Housing and Urban Development, Office of Policy Development and Research, https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx. Invokely, https://invokely.ai/en/fair-market-rent-one-bedroom/yellowstone-county-montana. Accessed 12 Oct. 2026.

Chicago (author-date)

U.S. Department of Housing and Urban Development, Office of Policy Development and Research. n.d. HUD Fair Market Rents by county: one bedroom, monthly gross rent in dollars. Fair Market Rent, one bedroom (HUD, monthly), Yellowstone County, 2010 to 2027. Dataset. Accessed October 12, 2026. https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx. Also distributed by Invokely, https://invokely.ai/en/fair-market-rent-one-bedroom/yellowstone-county-montana.

Harvard

U.S. Department of Housing and Urban Development, Office of Policy Development and Research (no date) HUD Fair Market Rents by county: one bedroom, monthly gross rent in dollars, Fair Market Rent, one bedroom (HUD, monthly), Yellowstone County, 2010 to 2027 [Dataset]. Available at: https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx, via Invokely: https://invokely.ai/en/fair-market-rent-one-bedroom/yellowstone-county-montana (Accessed: 12 October 2026).

BibTeX
@misc{department_fair_market_rent_one_2027,
  author = {{U.S. Department of Housing and Urban Development, Office of Policy Development and Research}},
  title = {{HUD Fair Market Rents by county: one bedroom, monthly gross rent in dollars: Fair Market Rent, one bedroom (HUD, monthly), Yellowstone County, 2010 to 2027}},
  howpublished = {Data set},
  url = {https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/en/fair-market-rent-one-bedroom/yellowstone-county-montana. Publisher attribution: U.S. Department of Housing and Urban Development, HUD USER. HUD Fair Market Rents by county: one bedroom, monthly gross rent in dollars. https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27\_FMRs.xlsx. Retrieved 2026-10-12.},
}
RIS
TY  - DATA
AU  - U.S. Department of Housing and Urban Development, Office of Policy Development and Research
TI  - HUD Fair Market Rents by county: one bedroom, monthly gross rent in dollars: Fair Market Rent, one bedroom (HUD, monthly), Yellowstone County, 2010 to 2027
PB  - U.S. Department of Housing and Urban Development, Office of Policy Development and Research
DB  - Invokely
UR  - https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx
L2  - https://invokely.ai/en/fair-market-rent-one-bedroom/yellowstone-county-montana
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/en/fair-market-rent-one-bedroom/yellowstone-county-montana.
N1  - Publisher attribution: U.S. Department of Housing and Urban Development, HUD USER. HUD Fair Market Rents by county: one bedroom, monthly gross rent in dollars. https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx. Retrieved 2026-10-12.
ER  - 
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Questions

What is the fair Market Rent, one bedroom (HUD, monthly) in Yellowstone County?

Fair Market Rent, one bedroom (HUD, monthly) in Yellowstone County was $1,132 in 2027, according to the U.S. Department of Housing and Urban Development, Office of Policy Development and Research. That is up 2.1% from 2026. That is the 21st highest of 56 counties in 2027.

Where does this figure come from?

U.S. Department of Housing and Urban Development, Office of Policy Development and Research. HUD Fair Market Rents by county: one bedroom, monthly gross rent in dollars. Retrieved by Invokely on 2026-10-12.

What was the highest fair Market Rent, one bedroom (HUD, monthly) in Yellowstone County?

$1,132 in 2027, the highest value since 2010 in this series.

Related statistics for Yellowstone County

All statistics for Yellowstone County | Yellowstone County in figures