Location: Hill County, MT | Metro: Hill County, MT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,040 |
| 1 Bedroom | $1,110 |
| 2 Bedrooms | $1,360 |
| 3 Bedrooms | $1,890 |
| 4 Bedrooms | $2,010 |
| 5 Bedrooms | $2,332 |
| 6 Bedrooms | $2,612 |
| 7 Bedrooms | $2,821 |
| 8 Bedrooms | $2,962 |
U.S. Census Bureau data (2024)
ZIP code 59525, located within the Hill County, MT metro, presents a unique profile when compared to typical ZIP codes in the area. The Fair Market Rent (FMR) for 59525 is set at $1,340 for fiscal year 2026, which is significantly higher than the market rent of $605. This discrepancy suggests that there may be a particular demand for subsidized housing units within this ZIP code, making it a valuable consideration for landlords participating in the Section 8 program.
The median home value in ZIP 59525 is $254,417, which is notably lower than what might be expected given the higher FMR. This combination of a lower home value with a relatively high FMR could indicate that this ZIP code is an attractive location for Section 8 tenants, who may find the cost of living more manageable here. Furthermore, the 19.8% renter share is above average for the county, pointing towards a larger population of renters who might benefit from rental assistance programs.
In summary, ZIP 59525 appears to be a value pocket within the Hill County, MT metro. Its lower home values coupled with a higher FMR and substantial renter share suggest that it offers a favorable environment for landlords interested in the Section 8 program. The market rent being under $605 while the FMR is over $1,340 further emphasizes the potential for landlords to secure properties at a lower price point and still meet the requirements for the program.
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.