Data / Fair Market Rent, two bedrooms (HUD, monthly) / Yellowstone County

Fair Market Rent, two bedrooms (HUD, monthly) in Yellowstone County

Fair Market Rent, two bedrooms (HUD, monthly) in Yellowstone County was $1,432 in 2027, according to the U.S. Department of Housing and Urban Development, Office of Policy Development and Research. That is up 1.1% from 2026. That is the 16th highest of 56 counties in 2027.

2027, USD1,432
Change on 2026+1.1%
Rank16th of 56Counties in Montana ranked
Series high1,4322027
Series low6452010

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, two bedrooms (HUD, monthly) in Yellowstone County, 2010 to 2027

6008001,0001,2001,4001,6002010201320162019202220272010: 645 USD2011: 693 USD2012: 713 USD2013: 725 USD2014: 699 USD2015: 728 USD2016: 775 USD2017: 859 USD2018: 936 USD2019: 900 USD2020: 889 USD2021: 956 USD2022: 960 USD2023: 1,054 USD2024: 1,148 USD2025: 1,373 USD2026: 1,417 USD2027: 1,432 USD6008001,0001,2001,4001,60020102016202220272010: 645 USD2011: 693 USD2012: 713 USD2013: 725 USD2014: 699 USD2015: 728 USD2016: 775 USD2017: 859 USD2018: 936 USD2019: 900 USD2020: 889 USD2021: 956 USD2022: 960 USD2023: 1,054 USD2024: 1,148 USD2025: 1,373 USD2026: 1,417 USD2027: 1,432 USD
USD. Source: HUD, HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars. Retrieved 2026-10-12.
All 18 values
PeriodUSD
20271,432
20261,417
20251,373
20241,148
20231,054
2022960
2021956
2020889
2019900
2018936
2017859
2016775
2015728
2014699
2013725
2012713
2011693
2010645

Yellowstone County compared with nearby places

Beaverhead County: 1,074 USDBig Horn County: 1,306 USDBlaine County: 1,187 USDBroadwater County: 1,755 USDCarbon County: 1,432 USDCarter County: 1,247 USDCascade County: 1,308 USDChouteau County: 1,310 USDCuster County: 1,612 USDDaniels County: 1,026 USDDawson County: 1,257 USDDeer Lodge County: 1,082 USDFallon County: 1,404 USDFergus County: 1,450 USDFlathead County: 1,682 USDGallatin County: 2,109 USDGarfield County: 1,101 USDGlacier County: 1,278 USDGolden Valley County: 1,342 USDGranite County: 1,055 USDHill County: 1,310 USDJefferson County: 1,410 USDJudith Basin County: 1,162 USDLake County: 1,448 USDLewis and Clark County: 1,653 USDLiberty County: 1,036 USDLincoln County: 1,173 USDMcCone County: 1,552 USDMadison County: 1,543 USDMeagher County: 1,396 USDMineral County: 1,390 USDMissoula County: 1,690 USDMusselshell County: 1,348 USDPark County: 1,608 USDPetroleum County: 1,552 USDPhillips County: 1,014 USDPondera County: 1,257 USDPowder River County: 1,028 USDPowell County: 1,136 USDPrairie County: 1,552 USDRavalli County: 1,426 USDRichland County: 1,315 USDRoosevelt County: 1,203 USDRosebud County: 1,189 USDSanders County: 1,117 USDSheridan County: 1,214 USDSilver Bow County: 1,417 USDStillwater County: 1,271 USDSweet Grass County: 1,179 USDTeton County: 1,363 USDToole County: 1,233 USDTreasure County: 1,552 USDValley County: 1,202 USDWheatland County: 1,119 USDWibaux County: 1,552 USDYellowstone County: 1,432 USD
  • Under 1,100
  • 1,100 to 1,200
  • 1,200 to 1,300
  • 1,300 to 1,400
  • 1,400 to 1,600
  • 1,600 and over
Fair Market Rent, two bedrooms (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 two-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: two bedrooms, 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: two bedrooms, monthly gross rent in dollars (Fair Market Rent, two bedrooms (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: two bedrooms, monthly gross rent in dollars, Fair Market Rent, two bedrooms (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-two-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: two bedrooms, monthly gross rent in dollars. Fair Market Rent, two bedrooms (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-two-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: two bedrooms, monthly gross rent in dollars, Fair Market Rent, two bedrooms (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-two-bedroom/yellowstone-county-montana (Accessed: 12 October 2026).

BibTeX
@misc{department_fair_market_rent_two_2027,
  author = {{U.S. Department of Housing and Urban Development, Office of Policy Development and Research}},
  title = {{HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars: Fair Market Rent, two bedrooms (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-two-bedroom/yellowstone-county-montana. Publisher attribution: U.S. Department of Housing and Urban Development, HUD USER. HUD Fair Market Rents by county: two bedrooms, 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: two bedrooms, monthly gross rent in dollars: Fair Market Rent, two bedrooms (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-two-bedroom/yellowstone-county-montana
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/en/fair-market-rent-two-bedroom/yellowstone-county-montana.
N1  - Publisher attribution: U.S. Department of Housing and Urban Development, HUD USER. HUD Fair Market Rents by county: two bedrooms, 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, two bedrooms (HUD, monthly) in Yellowstone County?

Fair Market Rent, two bedrooms (HUD, monthly) in Yellowstone County was $1,432 in 2027, according to the U.S. Department of Housing and Urban Development, Office of Policy Development and Research. That is up 1.1% from 2026. That is the 16th 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: two bedrooms, monthly gross rent in dollars. Retrieved by Invokely on 2026-10-12.

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

$1,432 in 2027, the highest value since 2010 in this series.

Related statistics for Yellowstone County

All statistics for Yellowstone County | Yellowstone County in figures