Section 8 Fair Market Rent (FMR) for ZIP 59825 - 2027

Location: Granite County, MT | Metro: Missoula, MT HUD Metro FMR Area

Investment Score for ZIP 59825

F
Monthly Rent (2BR)
$1,870
Median Price (2BR)
$490,646
1% Rule
0.38%
Annual Yield
4.57%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$1,310
1 Bedroom$1,570
2 Bedrooms$1,870
3 Bedrooms$2,580
4 Bedrooms$3,120
5 Bedrooms$3,619
6 Bedrooms$4,053
7 Bedrooms$4,377
8 Bedrooms$4,596

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
1BR $1,570 $399,782 0.39% F
2BR $1,870 $490,646 0.38% F
3BR $2,580 $566,852 0.46% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
2,434
Median Household Income
$90,192
Housing Units
1,123
Renter Percentage
13.4%
Occupancy Rate
84.2%
Renter Occupied
127

The Fair Market Rent (FMR) for ZIP code 59825, Clinton, MT, is set at $1240 for fiscal year 2024. This figure represents the maximum amount that a landlord can charge for a Section 8 rental unit. It's important to note that this is not the actual rent you will receive; it's the payment standard used by the Housing Choice Voucher Program to determine the maximum rent subsidy.

In comparison, the average rent for the area, based on Census American Community Survey (ACS) data, is $1577. This means that if you're looking to enter the Section 8 market, you'll need to adjust your rental pricing to meet the FMR, which is lower than the typical market rate.

The demand for rentals in Clinton, MT, is driven by the fact that 13.4% of the population are renters. While this percentage might seem low compared to urban areas, it still represents a significant portion of potential tenants who could benefit from the voucher program. Additionally, the median home value in the area is approximately $522,893, indicating that homeownership is relatively expensive, thus making rental properties an attractive option for many residents.

To ensure you're making a sound investment decision, verify that your property meets all the eligibility requirements for the Section 8 program, including the condition of the unit and any necessary repairs. The Housing Authority will conduct an inspection to confirm that your rental property complies with the minimum standards set forth by the program.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.