Rent in Petroleum County, MT at a glance
2-bedroom rent (HUD)
$1,548$18,576 a year · HUD fiscal year 2026From October 1, 2026: $1,552 (+0.3%)How much rent can you afford in Petroleum 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 Petroleum 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 | $1,160 | $13,920 | $46,400 | $22.31/hr |
| 1 bedroom | $1,208 | $14,496 | $48,320 | $23.23/hr |
| 2 bedroomsMost searched | $1,548 | $18,576 | $61,920 | $29.77/hr |
| 3 bedrooms | $2,139 | $25,668 | $85,560 | $41.13/hr |
| 4 bedrooms | $2,503 | $30,036 | $100,120 | $48.13/hr |
Cost of living in Petroleum County, MT: income, prices and a budget →
Living and working in Petroleum County, MT
Rent in Petroleum County, MT: common questions
How much is rent going up in Petroleum County, MT in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,552 for a two-bedroom, up 0.3% from $1,548. A one-bedroom goes from $1,208 to $1,218, a studio from $1,160 to $1,186.
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 Petroleum County, MT?
HUD's Fair Market Rent for 2026 is $1,208 for a one-bedroom and $1,548 for a two-bedroom, utilities included. That is $18,576 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 Petroleum County, MT?
To keep a $1,548 two-bedroom at 30% of gross pay, one full-time worker needs $29.77 an hour, or $61,920 a year. A one-bedroom at $1,208 takes $23.23 an hour.
How much is a 1, 2 or 3-bedroom apartment in Petroleum County, MT?
At HUD's 2026 Fair Market Rent: studio $1,160, one bedroom $1,208, two $1,548, three $2,139 and four $2,503 a month.
Is rent affordable in Petroleum County, MT?
For the typical household, earning $60,208 a year ($5,017 a month, Census ACS), a two-bedroom at $1,548 takes 30.9% 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: ($1,548 × 12) ÷ 0.30 = $61,920. Divided by 2,080 working hours, that is $29.77 an hour.