FY2027 Small Area FMR · Loma, MT
ZIP 59460 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 59460 (Loma, MT) is $1,300 a month, up 0.8% from FY2026. That is 1% below the Chouteau County, MT area-wide FMR of $1,310.
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 59460 sits in the Chouteau County, MT area
Of the 14 ZIP codes HUD lists for the area, 59460 has the 10th 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 $1,300 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $990 | $891 – $1,089 | $1,001 | $970 |
| 1 bedroom | $1,000 | $900 – $1,100 | $1,001 | $990 |
| 2 bedrooms | $1,300 | $1,170 – $1,430 | $1,310 | $1,290 |
| 3 bedrooms | $1,800 | $1,620 – $1,980 | $1,814 | $1,650 |
| 4 bedrooms | $1,940 | $1,746 – $2,134 | $1,964 | $1,910 |
A household renting a two-bedroom home at the Small Area FMR of $1,300 needs about $52,000 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 59460 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
Questions
What is the Fair Market Rent for ZIP code 59460?
HUD's FY2027 Small Area Fair Market Rents for 59460 are $990 (studio), $1,000 (1 BR), $1,300 (2 BR), $1,800 (3 BR) and $1,940 (4 BR) a month.
What is the Section 8 payment standard in 59460?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 59460 that range is $1,170 to $1,430 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 59460?
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.