Rent in Bozeman, MT at a glance
2-bedroom rent (HUD)
$2,154$25,848 a year · HUD fiscal year 2026From October 1, 2026: $2,109 (−2.1%)How much rent can you afford in Bozeman, MT?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in Bozeman, MT by bedroom, and the pay it takes
Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.
| Size | A month | A year | Income needed | Hourly wage needed |
|---|---|---|---|---|
| Studio | $1,485 | $17,820 | $59,400 | $28.56/hr |
| 1 bedroom | $1,642 | $19,704 | $65,680 | $31.58/hr |
| 2 bedroomsMost searched | $2,154 | $25,848 | $86,160 | $41.42/hr |
| 3 bedrooms | $2,996 | $35,952 | $119,840 | $57.62/hr |
| 4 bedrooms | $3,537 | $42,444 | $141,480 | $68.02/hr |
Cost of living in Bozeman, MT: income, prices and a budget →
Living and working in Bozeman, MT
Rent in Bozeman, MT: common questions
How much is rent going down in Bozeman, MT in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $2,109 for a two-bedroom, down 2.1% from $2,154. A one-bedroom goes from $1,642 to $1,612, a studio from $1,485 to $1,469.
These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.
What is the average rent in Bozeman, MT?
HUD's Fair Market Rent for 2026 is $1,642 for a one-bedroom and $2,154 for a two-bedroom, utilities included. That is $25,848 a year for the two-bedroom.
It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.
How much do you need to make to afford rent in Bozeman, MT?
To keep a $2,154 two-bedroom at 30% of gross pay, one full-time worker needs $41.42 an hour, or $86,160 a year. A one-bedroom at $1,642 takes $31.58 an hour.
How much is a 1, 2 or 3-bedroom apartment in Bozeman, MT?
At HUD's 2026 Fair Market Rent: studio $1,485, one bedroom $1,642, two $2,154, three $2,996 and four $3,537 a month.
Is rent affordable in Bozeman, MT?
For the typical household, earning $85,747 a year ($7,146 a month, Census ACS), a two-bedroom at $2,154 takes 30.1% of income. Under 30% is the usual line for affordable; this is over it.
How is the income needed for rent worked out?
Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($2,154 × 12) ÷ 0.30 = $86,160. Divided by 2,080 working hours, that is $41.42 an hour.