FY2027 Small Area FMR · Carter, MT

ZIP 59420 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 59420 (Carter, MT) is $1,280 a month, up 4.1% from FY2026. That is 2% below the Chouteau County, MT area-wide FMR of $1,310.

2-bedroom SAFMR$1,280per month ▲ 4.1%

Area-wide 2 BR FMR$1,310Chouteau County, MT

Rank in the area11thof 14 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,152

2 BR Small Area FMR$1,280

110% of SAFMR$1,408

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

Studio$980▲ 5.4%

1 BR$980▲ 4.3%

2 BR$1,280▲ 4.1%

3 BR$1,770▲ 9.9%

4 BR$1,920▲ 2.1%

FY2027 FY2026

Where 59420 sits in the Chouteau County, MT area

Of the 14 ZIP codes HUD lists for the area, 59420 has the 11th highest two-bedroom Small Area FMR. Chouteau 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 $1,310 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,280 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	$980	$882 – $1,078	$1,001	$930
1 bedroom	$980	$882 – $1,078	$1,001	$940
2 bedrooms	$1,280	$1,152 – $1,408	$1,310	$1,230
3 bedrooms	$1,770	$1,593 – $1,947	$1,814	$1,610
4 bedrooms	$1,920	$1,728 – $2,112	$1,964	$1,880

A household renting a two-bedroom home at the Small Area FMR of $1,280 needs about $51,200 a year to keep housing costs at 30% of income. The area median family income is $82,400 and the 80% low-income limit for four people is $72,800. ZIP code 59420 lies mainly in Chouteau County. See the Chouteau County, MT county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
59440	Floweree	13.3 mi	$1,620
59442	Fort Benton	16.5 mi	$1,190
59404	Great Falls	22.7 mi	$1,550
59416	Brady	25.2 mi	$1,330
59450	Highwood	25.5 mi	$1,970
59460	Loma	26.7 mi	$1,300

Questions

What is the Fair Market Rent for ZIP code 59420?

HUD's FY2027 Small Area Fair Market Rents for 59420 are $980 (studio), $980 (1 BR), $1,280 (2 BR), $1,770 (3 BR) and $1,920 (4 BR) a month.

What is the Section 8 payment standard in 59420?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 59420 that range is $1,152 to $1,408 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 59420?

The FY2026 income limits of the Chouteau County, MT area apply: median family income $82,400, low-income (80%) limit $72,800 for a family of four.