Location: Park County, MT | Metro: Park County, MT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,070 |
| 1 Bedroom | $1,310 |
| 2 Bedrooms | $1,530 |
| 3 Bedrooms | $2,100 |
| 4 Bedrooms | $2,560 |
| 5 Bedrooms | $2,970 |
| 6 Bedrooms | $3,326 |
| 7 Bedrooms | $3,592 |
| 8 Bedrooms | $3,772 |
U.S. Census Bureau data (2024)
The ZIP code 59065 represents a neighborhood characterized by a relatively small population of 146 residents, with 42.0% of them being renters. The median income figure is not available, which suggests a need for further investigation into the economic profile of the area. However, the median home value stands at an impressive $1,066,002, indicating a high-end residential area.
From a rental perspective, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,540. Unfortunately, specific data regarding the market rent for ZIP 59065 is currently unavailable, making it difficult to compare the FMR directly against local rental rates. This lack of detailed market data can be a challenge for investors looking to understand the true rental landscape of the area.
Given the high median home values and the percentage of renters, it's evident that there is demand for affordable housing options within this neighborhood. For hands-off voucher operators, the area might present opportunities due to the potential for higher rent ceilings under the Section 8 program, especially if the local market rent is below the FMR. On the other hand, for hands-on value-add buyers who are willing to invest in property improvements, the high median home value could indicate a premium market where well-maintained properties could command higher rents, even beyond the FMR, once the improvements are made and the properties are repositioned in the market.
In conclusion, ZIP 59065 offers a niche investment opportunity for Section 8 investors, particularly those who are prepared to engage actively in property management and enhancement. The area's characteristics suggest that it may not be suitable for passive investors looking for immediate returns, but rather for those who can see the long-term potential in a high-value, demand-driven rental market.
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.