FY2027 Small Area FMR · Colstrip, MT

ZIP 59323 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 59323 (Colstrip, MT) is $1,130 a month, down 9.6% from FY2026. That is 5% below the Rosebud County, MT area-wide FMR of $1,189.

2-bedroom SAFMR$1,130per month ▼ 9.6%

Area-wide 2 BR FMR$1,189Rosebud County, MT

Rank in the area10thof 13 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,017

2 BR Small Area FMR$1,130

110% of SAFMR$1,243

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

Studio$830▼ 9.8%

1 BR$930▼ 9.7%

2 BR$1,130▼ 9.6%

3 BR$1,540▼ 9.9%

4 BR$1,890▼ 9.6%

FY2027 FY2026

Where 59323 sits in the Rosebud County, MT area

Of the 13 ZIP codes HUD lists for the area, 59323 has the 10th highest two-bedroom Small Area FMR. Rosebud 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 $1,189 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,130 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	$830	$747 – $913	$909	$920
1 bedroom	$930	$837 – $1,023	$971	$1,030
2 bedrooms	$1,130	$1,017 – $1,243	$1,189	$1,250
3 bedrooms	$1,540	$1,386 – $1,694	$1,646	$1,710
4 bedrooms	$1,890	$1,701 – $2,079	$1,987	$2,090

A household renting a two-bedroom home at the Small Area FMR of $1,130 needs about $45,200 a year to keep housing costs at 30% of income. The area median family income is $73,700 and the 80% low-income limit for four people is $72,800. ZIP code 59323 lies mainly in Rosebud County. See the Rosebud County, MT county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
59327	Forsyth	17.5 mi	$1,400
59076	Sanders	28.2 mi	$1,550
59010	Bighorn	28.4 mi	$1,470
59333	Hathaway	29.7 mi	$1,610
59043	Lame Deer	29.9 mi	$1,520
59038	Hysham	30.7 mi	$1,580

Questions

What is the Fair Market Rent for ZIP code 59323?

HUD's FY2027 Small Area Fair Market Rents for 59323 are $830 (studio), $930 (1 BR), $1,130 (2 BR), $1,540 (3 BR) and $1,890 (4 BR) a month.

What is the Section 8 payment standard in 59323?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 59323 that range is $1,017 to $1,243 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 59323?

The FY2026 income limits of the Rosebud County, MT area apply: median family income $73,700, low-income (80%) limit $72,800 for a family of four.