FairRentWize

Helena Fair Market Rent 2026

HUD Fair Market Rent data for the Helena metropolitan area. Median household income: $47,790/year. Vacancy rate: 5.6%.

2BR FMR

$857/mo

Median Income

$47,790

Vacancy Rate

5.6%

Rent Burden

21.5%

Fair Market Rent by Bedroom Size

Studio$577/mo
1 Bedroom$711/mo
2 Bedroom$857/mo
3 Bedroom$1,057/mo
4 Bedroom$1,186/mo

Affordability Analysis

Based on the 30% rule, a household earning the median income of $47,790/year can afford up to $1,195/mo in rent.

The 2BR FMR of $857/mo represents 21.5% of median income, which is within the 30% affordability threshold.

Rental Market Conditions

The vacancy rate of 5.6% in Helena indicates a moderate rental market. A balanced market with reasonable availability for renters.

Frequently Asked Questions

What is the average rent in Helena?

The 2026 HUD FMR for a 2-bedroom in the Helena metro area is $857/month. 1BR: $711, 3BR: $1,057.

What is the vacancy rate in Helena?

The rental vacancy rate in Helena is 5.6%. A rate below 5% typically indicates a tight rental market.

Is Helena affordable for renters?

With a median income of $47,790 and 2BR rent at $857/mo, rent takes about 22% of income in Helena.

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