Location: Powell County, MT | Metro: Powell County, MT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $910 |
| 1 Bedroom | $1,080 |
| 2 Bedrooms | $1,220 |
| 3 Bedrooms | $1,690 |
| 4 Bedrooms | $1,950 |
| 5 Bedrooms | $2,262 |
| 6 Bedrooms | $2,533 |
| 7 Bedrooms | $2,736 |
| 8 Bedrooms | $2,873 |
U.S. Census Bureau data (2024)
ZIP code 59713, located in Powell County, MT metro, is best suited as a cash-flow anchor within a Section 8 portfolio strategy. This designation is based on the significant spread between the Fair Market Rent (FMR) and the market rent in the area.
The FMR for ZIP 59713 is set at $1,240 for fiscal year 2026. In contrast, the current market rent stands at $839. This substantial difference indicates that properties in this ZIP code can be rented out at rates higher than the local market average when participating in the Section 8 program. Landlords can expect stable and predictable cash flows due to the government-subsidized rental payments, which cover the gap between the actual market rent and the FMR.
While the median home value is not available, the focus on cash flow makes this ZIP code an attractive option for those seeking steady income. The high FMR relative to the market rent ensures that landlords receive a reliable payment, mitigating the risk of vacancy and rent default. This characteristic aligns well with the conservative approach of anchoring a portfolio with properties that generate consistent cash flow.
The lack of data on price-cut share and days on market (DOM) does not detract from the suitability of ZIP 59713 as a cash-flow anchor. Instead, the emphasis should be placed on the guaranteed income stream provided by the Section 8 program. Given the stable demand for affordable housing in the area, landlords can count on a continuous source of tenants who are committed to paying their portion of the rent on time.
In summary, ZIP 59713 offers a solid foundation for a Section 8 portfolio due to its role as a cash-flow anchor. With the government backing up to $1,240 in rental income, landlords can secure a dependable revenue source even if the local market rent is lower. This makes the ZIP code an excellent choice for investors looking to balance their portfolios with low-risk, high-rental-income properties.
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.