Section 8 Fair Market Rent (FMR) for ZIP 59039 - 2027

Location: Rosebud County, MT | Metro: Rosebud County, MT

FY 2027 Fair Market Rent Rates

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

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

Median Household Income

$N/A

Housing Units

Renter Percentage

28.6%

Occupancy Rate

28.0%

Renter Occupied

ZIP code 59039, located in the heart of Montana, offers a unique blend of rural charm and suburban convenience, making it an attractive location for both residents and investors. The area benefits from a strong sense of community and natural beauty, which can be appealing factors for potential tenants.

The Fair Market Rent (FMR) for ZIP 59039 is set at $1,190 for the fiscal year 2026, providing a benchmark for rental pricing in the region.
Rental market data is currently unavailable, indicating that further research is necessary to understand the local rental trends accurately.
The median home value is also not available, suggesting that the area might have a diverse housing stock, including both owner-occupied homes and rentals.
Renters make up 28.6% of the population in ZIP 59039, indicating a moderate demand for rental properties.
The Days on Market (DOM) figure is not available, which means that the time it takes for properties to sell cannot be assessed directly from this data.
The median income for the area is not specified, leaving an open question about the financial stability and spending power of the local population.

Investors looking to enter the ZIP 59039 market should focus on properties priced around or below the $1,190 FMR to ensure competitiveness. Despite the lack of detailed market rent and median home value data, the significant renter share suggests a viable opportunity for those who can offer well-priced, quality rental units. The absence of specific income and DOM data highlights the need for thorough due diligence before committing to investments in this area.

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.