Location: Rosebud County, MT | Metro: Rosebud County, MT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $910 |
| 1 Bedroom | $970 |
| 2 Bedrooms | $1,190 |
| 3 Bedrooms | $1,650 |
| 4 Bedrooms | $1,990 |
| 5 Bedrooms | $2,308 |
| 6 Bedrooms | $2,585 |
| 7 Bedrooms | $2,792 |
| 8 Bedrooms | $2,932 |
U.S. Census Bureau data (2024)
ZIP code 59012, located within the Rosebud County, MT metro area, exhibits distinct characteristics that set it apart from other ZIP codes in the county. The Fair Market Rent (FMR) for 59012 is $1,190, which is the figure used to determine eligibility for Section 8 housing assistance in fiscal year 2026. This amount represents the upper limit of what low-income families should pay for decent, safe, and sanitary housing.
The lack of specific market rent and home value data for ZIP 59012 makes direct comparisons challenging. However, the significant renter share of 59.1% suggests a strong demand for rental properties within this ZIP code. In typical Rosebud County, MT ZIP codes, the renter share is lower, indicating a higher proportion of homeownership compared to 59012.
Given the high renter share and the absence of home value data, it can be inferred that ZIP 59012 may lean towards being a value pocket or a mid-tier neighborhood within the larger Rosebud County metro area. Value pockets are areas where rental properties are relatively affordable and accessible, making them attractive for tenants seeking government assistance. Mid-tier neighborhoods offer a balance between affordability and quality of life, appealing to a broad range of renters.
The high renter share combined with the unspecified home values could signal that 59012 is an area where rental properties are favored over ownership, possibly due to economic conditions or the presence of Section 8 housing. Landlords and small-portfolio investors should consider the potential benefits of operating in such an environment, where there is a strong likelihood of finding tenants who qualify for Section 8 assistance, ensuring stable rental income.
To further clarify the market position of 59012, landlords should investigate the local real estate trends and the availability of Section 8 vouchers. This will provide a clearer picture of whether the ZIP code is indeed a sweet spot for Section 8 properties or if it requires additional analysis to understand its true market dynamics.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.