Location: Madison County, MT | Metro: Madison County, MT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,630 |
| 1 Bedroom | $1,670 |
| 2 Bedrooms | $2,130 |
| 3 Bedrooms | $2,920 |
| 4 Bedrooms | $3,560 |
| 5 Bedrooms | $4,130 |
| 6 Bedrooms | $4,626 |
| 7 Bedrooms | $4,996 |
| 8 Bedrooms | $5,246 |
U.S. Census Bureau data (2024)
The classification of ZIP code 59735 hinges on its financial metrics and the characteristics of its rental market. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,470, while the market rent stands at $1,575. This indicates that there is a slight premium for market rents over FMR, suggesting a modest opportunity for higher yields if properties can command market rates.
However, the absence of data on home values (N/A) means that we cannot assess the potential for flipping properties based on the difference between purchase price and resale value. This leaves us without a complete picture for high-yield/low-stability scenarios typical of flipping markets.
In terms of stability, the ZIP code has 22.0% of its population renting, which is relatively low compared to areas where the majority of residents are renters. A lower percentage of renters can indicate less volatility in the rental market, but it also implies fewer opportunities for rental income generation. The lack of data on days on market (N/A) further complicates the assessment of how quickly properties might be rented out, affecting the stability and predictability of cash flow.
The median household income in the area is $74,125, which is a key indicator of the economic stability of potential tenants. This figure suggests that tenants have a reasonable capacity to pay rent, contributing to the stability of the rental market.
Based on these figures, ZIP 59735 appears to be more of a steady-cashflow zone. The slightly above FMR market rents provide a moderate yield opportunity, and the relatively stable income levels suggest a reliable tenant base. However, the limited rental market size and the lack of specific data on home values and rental listing durations introduce some uncertainty regarding the overall stability and yield potential of the 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.