Income Limits by County

FY2027 Small Area FMR · Lame Deer, MT

ZIP 59043 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 59043 (Lame Deer, MT) is $1,520 a month, down 6.7% from FY2026. That is 16% above the Big Horn County, MT area-wide FMR of $1,306.

2-bedroom SAFMR$1,520per month ▼ 6.7%
Area-wide 2 BR FMR$1,306Big Horn County, MT
Rank in the area5thof 17 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,368
2 BR Small Area FMR$1,520
110% of SAFMR$1,672

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

FY2027 FY2026

Where 59043 sits in the Big Horn County, MT area

$1,180$1,590median $1,370

Of the 17 ZIP codes HUD lists for the area, 59043 has the 5th highest two-bedroom Small Area FMR. Big Horn County, MT is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,306 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,520 for this ZIP code instead.

ZIP code 59043 crosses more than one HUD area. HUD also lists it under Rosebud County, MT (same figures). The figure that applies depends on which side of the line the home is.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$1,160$1,044 – $1,276$998$1,220
1 bedroom$1,220$1,098 – $1,342$1,007$1,340
2 bedrooms$1,520$1,368 – $1,672$1,306$1,630
3 bedrooms$2,100$1,890 – $2,310$1,795$2,220
4 bedrooms$2,540$2,286 – $2,794$2,183$2,710

A household renting a two-bedroom home at the Small Area FMR of $1,520 needs about $60,800 a year to keep housing costs at 30% of income. The area median family income is $67,800 and the 80% low-income limit for four people is $72,800. ZIP code 59043 lies mainly in Rosebud County and Big Horn County. See the Big Horn County, MT county page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
59016Busby17.1 mi$1,550
59012Birney22.2 mi$1,190
59003Ashland24.3 mi$1,090
59022Crow Agency29.6 mi$1,530
59323Colstrip29.9 mi$1,130
59025Decker30.2 mi$1,210

Questions

What is the Fair Market Rent for ZIP code 59043?

HUD's FY2027 Small Area Fair Market Rents for 59043 are $1,160 (studio), $1,220 (1 BR), $1,520 (2 BR), $2,100 (3 BR) and $2,540 (4 BR) a month.

What is the Section 8 payment standard in 59043?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 59043 that range is $1,368 to $1,672 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 59043?

The FY2026 income limits of the Big Horn County, MT area apply: median family income $67,800, low-income (80%) limit $72,800 for a family of four.