Location: Deer Lodge County, MT | Metro: Deer Lodge County, MT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $820 |
| 1 Bedroom | $960 |
| 2 Bedrooms | $1,080 |
| 3 Bedrooms | $1,490 |
| 4 Bedrooms | $1,800 |
| 5 Bedrooms | $2,088 |
| 6 Bedrooms | $2,339 |
| 7 Bedrooms | $2,526 |
| 8 Bedrooms | $2,652 |
U.S. Census Bureau data (2024)
The analysis of ZIP code 59756, located in Deer Lodge County, Montana, reveals several key points regarding its viability for Section 8 investments.
The first question to address is whether the rent math works. The Fair Market Rent (FMR) for the area in fiscal year 2026 is set at $1,080. However, due to limited data, the comparison with the actual market rent cannot be made. This uncertainty can pose challenges for landlords looking to ensure profitability, especially if market rents are significantly lower than the FMR.
Regarding the affordability of acquisitions, the data is insufficient. The median home value, days on market (DOM), and the percentage of homes that have had their prices cut are all listed as N/A. Without these figures, it's difficult to assess how competitive the market is for potential property purchases, which is crucial for investors seeking to enter or expand in this area.
Tenant demand appears strong in ZIP 59756. With a population of 313, nearly 100% of residents are renters. This high concentration of tenants suggests a robust demand for rental properties, making it likely that any Section 8 units would be occupied promptly.
In summary, while there is a clear and strong tenant demand in ZIP 59756, the lack of specific market data hinders a complete evaluation of the financial feasibility and affordability of acquisitions. Landlords should proceed with caution, ensuring they understand the local rental market dynamics before investing based solely on the high FMR and tenant demand figures.
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.