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Housing in Jefferson County
Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.
Rent in Jefferson County averages $925/month for a 2‑bedroom in 2024, compared to the Montana median of $1,081 and the national median of $1,413. Local renters spend approximately 19% of household income on rent, below the national average of 32%.
HUD 2026 50th Percentile Rent Estimates for Jefferson County FMR Area are $1,022 for a studio, $1,130 for 1‑bedroom, $1,483 for 2‑bedroom, $2,055 for 3‑bedroom, and $2,062 for 4‑bedroom.
HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $558 increase for a 2-bedroom in Jefferson County shows a 60% rise over that period.
The U.S. Bureau of Labor Statistics annual unemployment rate for Jefferson County was 2.8% in 2024, compared to Montana at 3.0% and the national rate of 4.0%.
