Income Limits by County

FY2027 Small Area FMR · Reed Point, MT

ZIP 59069 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 59069 (Reed Point, MT) is $1,860 a month, up 1.1% from FY2026. That is 46% above the Stillwater County, MT area-wide FMR of $1,271.

2-bedroom SAFMR$1,860per month ▲ 1.1%
Area-wide 2 BR FMR$1,271Stillwater County, MT
Rank in the area1stof 13 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,674
2 BR Small Area FMR$1,860
110% of SAFMR$2,046

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

FY2027 FY2026

Where 59069 sits in the Stillwater County, MT area

$1,160$1,860median $1,380

Of the 13 ZIP codes HUD lists for the area, 59069 has the 1st highest two-bedroom Small Area FMR. Stillwater 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 $1,271 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,860 for this ZIP code instead.

ZIP code 59069 crosses more than one HUD area. HUD also lists it under Sweet Grass 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$1,340$1,206 – $1,474$885$1,330
1 bedroom$1,440$1,296 – $1,584$972$1,410
2 bedrooms$1,860$1,674 – $2,046$1,271$1,840
3 bedrooms$2,530$2,277 – $2,783$1,760$2,510
4 bedrooms$2,900$2,610 – $3,190$2,124$2,840

A household renting a two-bedroom home at the Small Area FMR of $1,860 needs about $74,400 a year to keep housing costs at 30% of income. The area median family income is $112,300 and the 80% low-income limit for four people is $89,850. ZIP code 59069 lies mainly in Stillwater County and Sweet Grass County. See the Stillwater County, MT county page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
59033Greycliff11.4 mi$1,470
59019Columbus17.9 mi$1,280
59067Rapelje18.5 mi$1,410
59001Absarokee19.8 mi$1,290
59011Big Timber22.7 mi$1,160
59055Melville24.9 mi$1,180

Questions

What is the Fair Market Rent for ZIP code 59069?

HUD's FY2027 Small Area Fair Market Rents for 59069 are $1,340 (studio), $1,440 (1 BR), $1,860 (2 BR), $2,530 (3 BR) and $2,900 (4 BR) a month.

What is the Section 8 payment standard in 59069?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 59069 that range is $1,674 to $2,046 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 59069?

The FY2026 income limits of the Stillwater County, MT area apply: median family income $112,300, low-income (80%) limit $89,850 for a family of four.