Above-median FMR - Billings, MT HUD Metro FMR Area
HUD FY2026 2-BR Fair Market Rent for Billings, MT HUD Metro FMR Area is $1,417/month - 65th percentile of 396 published metro FMR areas (#256 cheapest→expensive) ; voucher vs ACS median: 32.5% above market ; FMR rows touch Carbon County, Yellowstone County .
Geography note: HUD divides this CBSA into 2 separate Fair Market Rent areas, each with its own rent schedule. The amounts above are for Billings, MT HUD Metro FMR Area only, not the whole metro.
Upper-half placement for Billings, MT HUD Metro FMR Area
Above the national median but shy of the top quartile. Closest amounts: Columbus, IN MSA; Detroit-Warren-Livonia, MI HUD Metro FMR Area; Lebanon, PA MSA; Brunswick County, NC HUD Metro FMR Area .
Low-FMR contrast set: Binghamton, NY MSA, Floyd County, VA HUD Metro FMR Area, Fayette County, WV HUD Metro FMR Area, Beaumont-Port Arthur, TX MSA, Bay City, MI MSA, Allen County, KY HUD Metro FMR Area .
MT-state FMR neighbors for Billings, MT HUD Metro FMR Area
Closest 2-BR amounts inside MT: Mineral County, MT HUD Metro FMR Area ($1,361); Great Falls, MT MSA ($1,284); Broadwater County, MT HUD Metro FMR Area ($1,748); Bozeman, MT MSA ($2,154) . Alphabetical “nearby” lists are intentionally not used here - amount proximity is the comparison that matters for payment standards.
What are the HUD FY2026 bedroom FMRs for Billings, MT HUD Metro FMR Area?
| Size | HUD FMR |
|---|---|
| Studio | $1,016/mo |
| 1-BR | $1,109/mo |
| 2-BR | $1,417/mo |
| 3-BR | $1,951/mo |
| 4-BR | $2,216/mo |
Section 8 payment standard range for Billings, MT HUD Metro FMR Area
HUD lets each Public Housing Authority set its payment standard between 90% and 110% of the published Fair Market Rent for the bedroom size served. These dollar amounts are derived from HUD FY2026 FMR for Billings, MT HUD Metro FMR Area; your PHA may choose a figure inside this band. This is not a quote for a specific unit, availability, or waitlist status.
| Size | HUD FMR | 90% floor | 110% ceiling |
|---|---|---|---|
| Studio | $1,016/mo | $914/mo | $1,118/mo |
| 1-BR | $1,109/mo | $998/mo | $1,220/mo |
| 2-BR | $1,417/mo | $1,275/mo | $1,559/mo |
| 3-BR | $1,951/mo | $1,756/mo | $2,146/mo |
| 4-BR | $2,216/mo | $1,994/mo | $2,438/mo |
For a 2-bedroom in Billings, MT HUD Metro FMR Area, the HUD reference rent is $1,417/month, so the lawful payment-standard band runs $1,275–$1,559/month before any tenant income share.
HUD FMR filing-year trail · Billings, MT HUD Metro FMR Area
Published two-bedroom Fair Market Rent for this HUD area across FY2022-2026. Year-over-year deltas compare adjacent fiscal years only. This is a historical HUD reference-rent series, not a PHA payment standard, unit quote, availability, eligibility, or waitlist result.
- Latest 2-BR
- $1,417
- FY2026
- vs prior FY
- +3.2%
- from FY2025 $1,373
- Span change
- +47.6%
- FY2022-2026
- Years shown
- 5
- HUD FMR history
| FY | 2-BR FMR | YoY |
|---|---|---|
| 2022 | $960/mo | - |
| 2023 | $1,054/mo | +9.8% |
| 2024 | $1,148/mo | +8.9% |
| 2025 | $1,373/mo | +19.6% |
| 2026 | $1,417/mo | +3.2% |
Source: HUD USER Fair Market Rents historical series for Billings, MT HUD Metro FMR Area, FY2022-2026. Adjacent-year deltas only.
ACS median 2-BR rent $1,069/mo → 32.5% above market (generous). Detail: gap analysis for Billings, MT HUD Metro FMR Area.
MT agencies near this metro's scale key
Housing authorities in MT whose HCV caseload sits closest to a CBSA-stable scale target (not the statewide giants list - that list was identical across siblings):
Full near-amount ladder
- Columbus, IN MSA · $1,415
- Detroit-Warren-Livonia, MI HUD Metro FMR Area · $1,411
- Lebanon, PA MSA · $1,411
- Brunswick County, NC HUD Metro FMR Area · $1,426
- Aransas County, TX HUD Metro FMR Area · $1,407
- Rochester, MN HUD Metro FMR Area · $1,407
- Hinesville, GA HUD Metro FMR Area · $1,406
- State College, PA MSA · $1,406
- Watertown-Fort Drum, NY MSA · $1,405
- Columbus, OH HUD Metro FMR Area · $1,430
- Kenosha, WI MSA · $1,402
- Tucson, AZ MSA · $1,402
What to do with this FMR desk
Billings, MT HUD FY2026 2-BR FMR is $1,417/mo; use the schedule as a source desk, not a lease quote.
- Read the FY2022-2026 filing trail (+47.6% across the span) before comparing peers. FMR history on this page
- Open the voucher-vs-market gap board for this CBSA (32.5% above market). Metro gap page
- Confirm how PHAs may set payment standards at 90-110% of FMR, and why the two figures are not interchangeable. FMR vs payment standard
FMR is HUD's published Fair Market Rent for this FMR area. It is not a PHA payment standard, unit quote, eligibility result, or waitlist status. Confirm any leasing figure with the PHA that serves the unit.
Source: HUD USER Fair Market Rent (FY2026) ; Census ACS median gross rent. Confirm the live PHA figure before leasing. Methodology.
Verify with HUD → · Verify with U.S. Census Bureau → · Set a September HUD update reminder