Average Rent in Fergus County, MT↑ Rents rising 47.3% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 11,581
Market Overview
Fergus County, MT has rental prices ranging from $1,029/month to $2,237/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,069/month — 24% below the national average of $1,400/month. With a median household income of $59,731/year, spending $1,069/month on a 1-bedroom represents 21% of gross income — within the recommended 30% threshold.
How Fergus County Compares
With an average 2-bedroom rent of $1,402/month, Fergus County ranks #14 most expensive of the 57 cities tracked in Montana — pricier than 90% of all US cities in our data.
The Fergus County Rental Market
The Fergus County, MT area has a population of about 11,581 and 34% of households renting rather than owning. That is close to the US average renter share of ~34%.
Rent Trends
2-bedroom rents in Fergus County, MT have risen by $450/month (47.3%) over the past year, from $952 to $1,402. This rate of increase is significant and reflects strong rental demand and limited housing supply in the local market.
Affordability
To afford a 1-bedroom apartment in Fergus County, MT without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $42,760. The local median household income of $59,731 exceeds that threshold by $16,971, making Fergus County relatively accessible compared to local wages.
Economy & Jobs
Fergus County, MT has an unemployment rate of 2.4%, 1.5 percentage points below the national average of 3.9%. Strong employment conditions typically sustain rental demand, as workers relocate to the area and local residents maintain stable housing.
Fair Market Rents
HUD FY2025Is Fergus County, MT Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in MTlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| Stillwater County | $877 | $928 | $1,218 | $1,705 | — |
| Billings | $1,013 | $1,062 | $1,373 | $1,888 | — |
| Missoula | $1,121 | $1,339 | $1,604 | $2,248 | — |
| Gallatin County | $1,448 | $1,626 | $2,087 | $2,924 | — |
| Flathead County | $1,202 | $1,249 | $1,639 | $2,184 | — |
| Great Falls | $903 | $948 | $1,244 | $1,743 | — |
Rent or Buy in Fergus County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Fergus County data
Buying breaks even after 1 year — worth it if you stay 1+ years.
Living in Fergus County
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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💵Rent Affordability in Fergus CountySalary needed to afford rent here
🗺️All Cities in MTSee how Fergus County ranks statewide
⚖️Compare Fergus CountySide-by-side rent & cost of living with any city
📋MT Tenant RightsDeposit limits, eviction laws & renters protections