FY2027 Small Area FMR · Saco, MT
ZIP 59261 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 59261 (Saco, MT) is $1,260 a month, down 2.3% from FY2026. That is 24% above the Phillips County, MT area-wide FMR of $1,014.
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 59261 sits in the Phillips County, MT area
Of the 8 ZIP codes HUD lists for the area, 59261 has the 1st highest two-bedroom Small Area FMR. Phillips 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 $1,014 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,260 for this ZIP code instead.
ZIP code 59261 crosses more than one HUD area. HUD also lists it under Valley County, MT (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $960 | $864 – $1,056 | $775 | $970 |
| 1 bedroom | $1,160 | $1,044 – $1,276 | $931 | $1,170 |
| 2 bedrooms | $1,260 | $1,134 – $1,386 | $1,014 | $1,290 |
| 3 bedrooms | $1,740 | $1,566 – $1,914 | $1,404 | $1,790 |
| 4 bedrooms | $2,070 | $1,863 – $2,277 | $1,666 | $2,080 |
A household renting a two-bedroom home at the Small Area FMR of $1,260 needs about $50,400 a year to keep housing costs at 30% of income. The area median family income is $73,900 and the 80% low-income limit for four people is $72,800. ZIP code 59261 lies mainly in Phillips County and Valley County. See the Phillips 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 59261?
HUD's FY2027 Small Area Fair Market Rents for 59261 are $960 (studio), $1,160 (1 BR), $1,260 (2 BR), $1,740 (3 BR) and $2,070 (4 BR) a month.
What is the Section 8 payment standard in 59261?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 59261 that range is $1,134 to $1,386 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 59261?
The FY2026 income limits of the Phillips County, MT area apply: median family income $73,900, low-income (80%) limit $72,800 for a family of four.