Location: McCone County, MT | Metro: McCone County, MT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,050 |
| 1 Bedroom | $1,090 |
| 2 Bedrooms | $1,400 |
| 3 Bedrooms | $1,930 |
| 4 Bedrooms | $2,260 |
| 5 Bedrooms | $2,622 |
| 6 Bedrooms | $2,937 |
| 7 Bedrooms | $3,172 |
| 8 Bedrooms | $3,331 |
U.S. Census Bureau data (2024)
ZIP code 59274, located in McCone County, Montana, can serve as a diversifier in a Section 8 portfolio strategy due to its unique characteristics. The median home value in the area is $112,500, which is lower compared to national averages but still represents a reasonable investment opportunity. The median income of $34,951 indicates that there is a significant portion of the population who may rely on Section 8 vouchers to afford housing.
The rental market share stands at 5.9%, suggesting that while not a primary rental area, it offers opportunities for landlords and small-portfolio investors looking to balance their investments across different types of markets. This mix of lower median home values and median incomes makes it an ideal location for diversifying a real estate portfolio, especially when considering the impact of federal funding through the Section 8 program.
A key consideration for any Section 8 investment is the Fair Market Rent (FMR) set by HUD, which for the McCone County metro area in fiscal year 2026 is projected to be $1,350. Given the lack of specific market data, this FMR serves as a benchmark for rental pricing, ensuring that properties remain competitive and viable for tenants using Section 8 vouchers.
Investing in ZIP 59274 allows for a strategic diversification, particularly for those seeking to stabilize their portfolio with steady cash flow from a reliable tenant base supported by government subsidies. The absence of robust appreciation potential and high rental demand means that this ZIP code is best suited for those who prioritize stability over rapid growth.
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.