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2025 FMR And Section 8 Rents For Billings MT

Section 8 is a federal program that guarantees monthly rent payments to landlords. The U.S. Department of Housing and Urban Development (HUD) publishes Fair Market Rents, which are 40th percentile averages of local rents, to determine their standard payment amount.

Use our Section 8 rents table to find the best market for Section 8 investment. See Section 8 rents in each zip code of billings, MT.

Typically, the government guarantees 70% of the rent payment, and the tenant pays the remaining 30%. Section 8 tenants typically stay in their units 6-7x longer than regular tenants.

Zip CodeStudio1 Bed2 Bed3 Bed4 Bed
7882$840$880$1150$1590$1780
7842$837$874$1148$1583$1778
7852$880$920$1210$1670$1880
7866$837$874$1148$1583$1778
7838$837$874$1148$1583$1778
7920$840$880$1150$1590$1780
7849$837$874$1148$1583$1778
7847$900$940$1230$1700$1910
7874$840$880$1150$1590$1780
7846$930$970$1280$1770$1980
7865$837$874$1148$1583$1850
7856$837$874$1148$1583$1810
7843$930$970$1270$1750$1970
7857$890$930$1220$1680$1890
7876$900$940$1240$1710$1920
7901$1010$1060$1390$1920$2150
7863$837$874$1148$1583$1830
7848$837$874$1148$1583$1778
7850$837$874$1148$1583$1778
7878$837$874$1148$1583$1778
7840$837$874$1148$1583$1778
7880$860$900$1180$1630$1830
7881$840$880$1150$1590$1780
7851$837$874$1148$1583$1778
7869$837$874$1148$1583$1778
7853$880$920$1210$1670$1870
7885$900$940$1240$1710$1920
7860$837$874$1148$1583$1778
7921$840$880$1150$1590$1780
7870$900$940$1240$1710$1920
7871$837$874$1148$1583$1778

Zip Code:

7882

Studio Rent:

$840

1 Bedroom Rent:

$880

2 Bedroom Rent:

$1150

3 Bedroom Rent:

$1590

4 Bedroom Rent:

$1780

Zip Code:

7842

Studio Rent:

$837

1 Bedroom Rent:

$874

2 Bedroom Rent:

$1148

3 Bedroom Rent:

$1583

4 Bedroom Rent:

$1778

Zip Code:

7852

Studio Rent:

$880

1 Bedroom Rent:

$920

2 Bedroom Rent:

$1210

3 Bedroom Rent:

$1670

4 Bedroom Rent:

$1880

Zip Code:

7866

Studio Rent:

$837

1 Bedroom Rent:

$874

2 Bedroom Rent:

$1148

3 Bedroom Rent:

$1583

4 Bedroom Rent:

$1778

Zip Code:

7838

Studio Rent:

$837

1 Bedroom Rent:

$874

2 Bedroom Rent:

$1148

3 Bedroom Rent:

$1583

4 Bedroom Rent:

$1778

Zip Code:

7920

Studio Rent:

$840

1 Bedroom Rent:

$880

2 Bedroom Rent:

$1150

3 Bedroom Rent:

$1590

4 Bedroom Rent:

$1780

Zip Code:

7849

Studio Rent:

$837

1 Bedroom Rent:

$874

2 Bedroom Rent:

$1148

3 Bedroom Rent:

$1583

4 Bedroom Rent:

$1778

Zip Code:

7847

Studio Rent:

$900

1 Bedroom Rent:

$940

2 Bedroom Rent:

$1230

3 Bedroom Rent:

$1700

4 Bedroom Rent:

$1910

Zip Code:

7874

Studio Rent:

$840

1 Bedroom Rent:

$880

2 Bedroom Rent:

$1150

3 Bedroom Rent:

$1590

4 Bedroom Rent:

$1780

Zip Code:

7846

Studio Rent:

$930

1 Bedroom Rent:

$970

2 Bedroom Rent:

$1280

3 Bedroom Rent:

$1770

4 Bedroom Rent:

$1980

Zip Code:

7865

Studio Rent:

$837

1 Bedroom Rent:

$874

2 Bedroom Rent:

$1148

3 Bedroom Rent:

$1583

4 Bedroom Rent:

$1850

Zip Code:

7856

Studio Rent:

$837

1 Bedroom Rent:

$874

2 Bedroom Rent:

$1148

3 Bedroom Rent:

$1583

4 Bedroom Rent:

$1810

Zip Code:

7843

Studio Rent:

$930

1 Bedroom Rent:

$970

2 Bedroom Rent:

$1270

3 Bedroom Rent:

$1750

4 Bedroom Rent:

$1970

Zip Code:

7857

Studio Rent:

$890

1 Bedroom Rent:

$930

2 Bedroom Rent:

$1220

3 Bedroom Rent:

$1680

4 Bedroom Rent:

$1890

Zip Code:

7876

Studio Rent:

$900

1 Bedroom Rent:

$940

2 Bedroom Rent:

$1240

3 Bedroom Rent:

$1710

4 Bedroom Rent:

$1920

Zip Code:

7901

Studio Rent:

$1010

1 Bedroom Rent:

$1060

2 Bedroom Rent:

$1390

3 Bedroom Rent:

$1920

4 Bedroom Rent:

$2150

Zip Code:

7863

Studio Rent:

$837

1 Bedroom Rent:

$874

2 Bedroom Rent:

$1148

3 Bedroom Rent:

$1583

4 Bedroom Rent:

$1830

Zip Code:

7848

Studio Rent:

$837

1 Bedroom Rent:

$874

2 Bedroom Rent:

$1148

3 Bedroom Rent:

$1583

4 Bedroom Rent:

$1778

Zip Code:

7850

Studio Rent:

$837

1 Bedroom Rent:

$874

2 Bedroom Rent:

$1148

3 Bedroom Rent:

$1583

4 Bedroom Rent:

$1778

Zip Code:

7878

Studio Rent:

$837

1 Bedroom Rent:

$874

2 Bedroom Rent:

$1148

3 Bedroom Rent:

$1583

4 Bedroom Rent:

$1778

Zip Code:

7840

Studio Rent:

$837

1 Bedroom Rent:

$874

2 Bedroom Rent:

$1148

3 Bedroom Rent:

$1583

4 Bedroom Rent:

$1778

Zip Code:

7880

Studio Rent:

$860

1 Bedroom Rent:

$900

2 Bedroom Rent:

$1180

3 Bedroom Rent:

$1630

4 Bedroom Rent:

$1830

Zip Code:

7881

Studio Rent:

$840

1 Bedroom Rent:

$880

2 Bedroom Rent:

$1150

3 Bedroom Rent:

$1590

4 Bedroom Rent:

$1780

Zip Code:

7851

Studio Rent:

$837

1 Bedroom Rent:

$874

2 Bedroom Rent:

$1148

3 Bedroom Rent:

$1583

4 Bedroom Rent:

$1778

Zip Code:

7869

Studio Rent:

$837

1 Bedroom Rent:

$874

2 Bedroom Rent:

$1148

3 Bedroom Rent:

$1583

4 Bedroom Rent:

$1778

Zip Code:

7853

Studio Rent:

$880

1 Bedroom Rent:

$920

2 Bedroom Rent:

$1210

3 Bedroom Rent:

$1670

4 Bedroom Rent:

$1870

Zip Code:

7885

Studio Rent:

$900

1 Bedroom Rent:

$940

2 Bedroom Rent:

$1240

3 Bedroom Rent:

$1710

4 Bedroom Rent:

$1920

Zip Code:

7860

Studio Rent:

$837

1 Bedroom Rent:

$874

2 Bedroom Rent:

$1148

3 Bedroom Rent:

$1583

4 Bedroom Rent:

$1778

Zip Code:

7921

Studio Rent:

$840

1 Bedroom Rent:

$880

2 Bedroom Rent:

$1150

3 Bedroom Rent:

$1590

4 Bedroom Rent:

$1780

Zip Code:

7870

Studio Rent:

$900

1 Bedroom Rent:

$940

2 Bedroom Rent:

$1240

3 Bedroom Rent:

$1710

4 Bedroom Rent:

$1920

Zip Code:

7871

Studio Rent:

$837

1 Bedroom Rent:

$874

2 Bedroom Rent:

$1148

3 Bedroom Rent:

$1583

4 Bedroom Rent:

$1778

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Frequently Asked Section 8 Investing Questions

Fair Market Rent (FMR): HUD sets FMR by bedroom size for each area.

Payment Standard: The local PHA sets this between 90–110% of the FMR. It's the max PHA assistance.

Gross Rent: Contract rent (charged by landlord) + utility allowance (estimated tenant utility costs). Must fit payment standard limits.

Housing Assistance Payment (HAP):

The PHA pays the lower of:

  • Payment standard - Tenant's Total Tenant Payment (TTP).
  • Gross rent - TTP.

Example:

  • Payment standard: $1,500
  • Contract rent: $1,400
  • Utility allowance: $100
  • Tenant's TTP: $400
  • Gross rent: $1,500 ($1,400 + $100).
  • HAP: $1,100 (lower of $1,500 - $400 or $1,500 - $400).

Landlord receives $1,100 (PHA) + $400 (tenant) = $1,500 total.