Location: Lincoln County, MT | Metro: Lincoln County, MT
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,170 |
| 1 Bedroom | $1,330 |
| 2 Bedrooms | $1,450 |
| 3 Bedrooms | $2,020 |
| 4 Bedrooms | $2,340 |
| 5 Bedrooms | $2,714 |
| 6 Bedrooms | $3,040 |
| 7 Bedrooms | $3,283 |
| 8 Bedrooms | $3,447 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $2,020 | $593,780 | 0.34% | F |
U.S. Census Bureau data (2024)
ZIP code 59918, located within Lincoln County, MT, presents a unique profile when compared against the typical metrics of its surrounding area. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,610, while the market rent for 59918 is $1,308, indicating that it is below the average rental price for the county. This suggests that 59918 could be considered a value pocket within the Lincoln County metro, offering more affordable rental options.
The median home value in 59918 is $489,871, which is notably higher than what might be expected in a value pocket. However, the 12.4% renter share is another key figure that provides insight into the dynamics of this ZIP code. A higher-than-average renter share can indicate a significant presence of renters who may qualify for Section 8 assistance, making 59918 a potentially attractive location for landlords participating in the program.
In summary, 59918 stands out as a ZIP code with below-average market rents relative to the county's FMR but above-average home values. The combination of relatively low market rents and a higher-than-average renter share makes it an interesting opportunity for Section 8 landlords and small-portfolio investors looking for a balance between affordability and property value.
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.