FY2027 Small Area FMR · Savage, MT
ZIP 59262 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 59262 (Savage, MT) is $1,190 a month, up 3.5% from FY2026. That is 5% below the Dawson County, MT area-wide FMR of $1,257.
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 59262 sits in the Dawson County, MT area
Of the 8 ZIP codes HUD lists for the area, 59262 has the 7th highest two-bedroom Small Area FMR. Dawson 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 $1,257 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,190 for this ZIP code instead.
ZIP code 59262 crosses more than one HUD area. HUD also lists it under Richland 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 | $1,030 | $927 – $1,133 | $961 | $960 |
| 1 bedroom | $1,080 | $972 – $1,188 | $961 | $1,040 |
| 2 bedrooms | $1,190 | $1,071 – $1,309 | $1,257 | $1,150 |
| 3 bedrooms | $1,420 | $1,278 – $1,562 | $1,587 | $1,380 |
| 4 bedrooms | $1,990 | $1,791 – $2,189 | $2,065 | $1,930 |
A household renting a two-bedroom home at the Small Area FMR of $1,190 needs about $47,600 a year to keep housing costs at 30% of income. The area median family income is $100,900 and the 80% low-income limit for four people is $80,550. ZIP code 59262 lies mainly in Richland County and Dawson County. See the Dawson 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 59262?
HUD's FY2027 Small Area Fair Market Rents for 59262 are $1,030 (studio), $1,080 (1 BR), $1,190 (2 BR), $1,420 (3 BR) and $1,990 (4 BR) a month.
What is the Section 8 payment standard in 59262?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 59262 that range is $1,071 to $1,309 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 59262?
The FY2026 income limits of the Dawson County, MT area apply: median family income $100,900, low-income (80%) limit $80,550 for a family of four.