FY2027 Small Area FMR · Saint Marie, MT
ZIP 59231 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 59231 (Saint Marie, MT) is $1,210 a month, up 0.8% from FY2026. That is 1% above the Valley County, MT area-wide FMR of $1,202.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 59231 sits in the Valley County, MT area
Of the 14 ZIP codes HUD lists for the area, 59231 has the 6th highest two-bedroom Small Area FMR. Valley 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 $1,202 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,210 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $920 | $828 – $1,012 | $919 | $900 |
| 1 bedroom | $1,030 | $927 – $1,133 | $1,023 | $910 |
| 2 bedrooms | $1,210 | $1,089 – $1,331 | $1,202 | $1,200 |
| 3 bedrooms | $1,680 | $1,512 – $1,848 | $1,664 | $1,570 |
| 4 bedrooms | $1,860 | $1,674 – $2,046 | $1,844 | $1,750 |
A household renting a two-bedroom home at the Small Area FMR of $1,210 needs about $48,400 a year to keep housing costs at 30% of income. The area median family income is $96,900 and the 80% low-income limit for four people is $77,500. ZIP code 59231 lies mainly in Valley County. See the Valley County, MT county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 59231?
HUD's FY2027 Small Area Fair Market Rents for 59231 are $920 (studio), $1,030 (1 BR), $1,210 (2 BR), $1,680 (3 BR) and $1,860 (4 BR) a month.
What is the Section 8 payment standard in 59231?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 59231 that range is $1,089 to $1,331 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 59231?
The FY2026 income limits of the Valley County, MT area apply: median family income $96,900, low-income (80%) limit $77,500 for a family of four.