Location: Roosevelt County, MT | Metro: Daniels County, MT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $820 |
| 1 Bedroom | $910 |
| 2 Bedrooms | $1,090 |
| 3 Bedrooms | $1,430 |
| 4 Bedrooms | $1,750 |
| 5 Bedrooms | $2,030 |
| 6 Bedrooms | $2,274 |
| 7 Bedrooms | $2,456 |
| 8 Bedrooms | $2,579 |
U.S. Census Bureau data (2024)
187890 In ZIP code 59222, the median home value stands at $187,890, offering a solid foundation for investment opportunities in the area. 59 The renter share of the population is 5.9%, indicating a modest but stable demand for rental properties. 1050 For those interested in Section 8 housing, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,050, providing a benchmark for affordable rental rates. However, the lack of specific data on market rent, median income, days on market (DOM), and the percentage of price-cut share paints an incomplete picture of the local real estate market's health and dynamics.
Despite these data gaps, the presence of Section 8 at $1,050 FMR suggests a government-backed rental support system that can offer stability to landlords willing to participate. This subsidy ensures that tenants can afford their monthly rent payments, reducing the risk of vacancy and non-payment. Given the median home value of $187,890, it is likely that rental properties in this range could be profitable for investors, especially when considering the FMR as a guideline for setting competitive yet sustainable rents.
The modest renter share of 5.9% implies that the majority of residents own their homes, which could mean that rental properties need to be well-maintained and competitively priced to attract tenants. While the exact market rent is not available, the FMR provides a useful reference point for pricing strategies. Landlords should also consider the broader economic context and local demand when setting rents to ensure they remain attractive to potential tenants.
In conclusion, the $1,050 FMR for Section 8 in ZIP 59222 presents a clear opportunity for landlords and small-portfolio investors looking to enter a market with government-backed tenant support. With a median home value of $187,890, there is potential for steady returns on investment, particularly for those who can navigate the local rental market effectively. Section 8 participation is recommended for its guaranteed income and tenant stability.
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.