Rent in Madison County, MT at a glance
2-bedroom rent (HUD)
$1,540$18,480 a year · HUD fiscal year 2026From October 1, 2026: $1,543 (+0.2%)How much rent can you afford in Madison County, MT?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in Madison County, 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 | $1,154 | $13,848 | $46,160 | $22.19/hr |
| 1 bedroom | $1,202 | $14,424 | $48,080 | $23.12/hr |
| 2 bedroomsMost searched | $1,540 | $18,480 | $61,600 | $29.62/hr |
| 3 bedrooms | $2,073 | $24,876 | $82,920 | $39.87/hr |
| 4 bedrooms | $2,583 | $30,996 | $103,320 | $49.67/hr |
Cost of living in Madison County, MT: income, prices and a budget →
Living and working in Madison County, MT
Rent in Madison County, MT: common questions
How much is rent going up in Madison County, MT in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,543 for a two-bedroom, up 0.2% from $1,540. A one-bedroom goes from $1,202 to $1,211, a studio from $1,154 to $1,179.
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 Madison County, MT?
HUD's Fair Market Rent for 2026 is $1,202 for a one-bedroom and $1,540 for a two-bedroom, utilities included. That is $18,480 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 Madison County, MT?
To keep a $1,540 two-bedroom at 30% of gross pay, one full-time worker needs $29.62 an hour, or $61,600 a year. A one-bedroom at $1,202 takes $23.12 an hour.
How much is a 1, 2 or 3-bedroom apartment in Madison County, MT?
At HUD's 2026 Fair Market Rent: studio $1,154, one bedroom $1,202, two $1,540, three $2,073 and four $2,583 a month.
Is rent affordable in Madison County, MT?
For the typical household, earning $75,250 a year ($6,271 a month, Census ACS), a two-bedroom at $1,540 takes 24.6% of income. Under 30% is the usual line for affordable; this is under 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: ($1,540 × 12) ÷ 0.30 = $61,600. Divided by 2,080 working hours, that is $29.62 an hour.