FY2027 Small Area FMR · Melville, MT

ZIP 59055 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 59055 (Melville, MT) is $1,180 a month, up 0.9% from FY2026. That is 0% equal to the Sweet Grass County, MT area-wide FMR of $1,179.

2-bedroom SAFMR$1,180per month ▲ 0.9%

Area-wide 2 BR FMR$1,179Sweet Grass County, MT

Rank in the area6thof 7 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,062

2 BR Small Area FMR$1,180

110% of SAFMR$1,298

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

Studio$900▲ 2.3%

1 BR$930▲ 1.1%

2 BR$1,180▲ 0.9%

3 BR$1,560■ 0.0%

4 BR$1,620▼ 1.2%

FY2027 FY2026

Where 59055 sits in the Sweet Grass County, MT area

Of the 7 ZIP codes HUD lists for the area, 59055 has the 6th highest two-bedroom Small Area FMR. Sweet Grass 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 $1,179 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,180 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$900	$810 – $990	$901	$880
1 bedroom	$930	$837 – $1,023	$925	$920
2 bedrooms	$1,180	$1,062 – $1,298	$1,179	$1,170
3 bedrooms	$1,560	$1,404 – $1,716	$1,544	$1,560
4 bedrooms	$1,620	$1,458 – $1,782	$1,550	$1,640

A household renting a two-bedroom home at the Small Area FMR of $1,180 needs about $47,200 a year to keep housing costs at 30% of income. The area median family income is $97,300 and the 80% low-income limit for four people is $77,850. ZIP code 59055 lies mainly in Sweet Grass County. See the Sweet Grass County, MT county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
59011	Big Timber	14.4 mi	$1,160
59078	Shawmut	20.9 mi	$1,250
59085	Two Dot	23.3 mi	$1,200
59069	Reed Point	24.9 mi	$1,860
59036	Harlowton	26.3 mi	$1,210
59033	Greycliff	26.7 mi	$1,470

Questions

What is the Fair Market Rent for ZIP code 59055?

HUD's FY2027 Small Area Fair Market Rents for 59055 are $900 (studio), $930 (1 BR), $1,180 (2 BR), $1,560 (3 BR) and $1,620 (4 BR) a month.

What is the Section 8 payment standard in 59055?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 59055 that range is $1,062 to $1,298 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 59055?

The FY2026 income limits of the Sweet Grass County, MT area apply: median family income $97,300, low-income (80%) limit $77,850 for a family of four.