FY2027 Small Area FMR · Pendroy, MT

ZIP 59467 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 59467 (Pendroy, MT) is $1,360 a month, unchanged from FY2026. That is 0% equal to the Teton County, MT area-wide FMR of $1,363.

2-bedroom SAFMR$1,360per month ■ 0.0%

Area-wide 2 BR FMR$1,363Teton County, MT

Rank in the area5thof 12 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,224

2 BR Small Area FMR$1,360

110% of SAFMR$1,496

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

Studio$1,040▲ 2.0%

1 BR$1,200▼ 3.2%

2 BR$1,360■ 0.0%

3 BR$1,880▼ 0.5%

4 BR$2,270▲ 4.6%

FY2027 FY2026

Where 59467 sits in the Teton County, MT area

Of the 12 ZIP codes HUD lists for the area, 59467 has the 5th highest two-bedroom Small Area FMR. Teton 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 $1,363 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,360 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	$1,040	$936 – $1,144	$1,042	$1,020
1 bedroom	$1,200	$1,080 – $1,320	$1,205	$1,240
2 bedrooms	$1,360	$1,224 – $1,496	$1,363	$1,360
3 bedrooms	$1,880	$1,692 – $2,068	$1,887	$1,890
4 bedrooms	$2,270	$2,043 – $2,497	$2,278	$2,170

A household renting a two-bedroom home at the Small Area FMR of $1,360 needs about $54,400 a year to keep housing costs at 30% of income. The area median family income is $90,100 and the 80% low-income limit for four people is $72,800. ZIP code 59467 lies mainly in Teton County. See the Teton County, MT county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
59419	Bynum	11.8 mi	$1,300
59432	Dupuyer	12.2 mi	$1,230
59448	Heart Butte	15.0 mi	$1,150
59422	Choteau	19.4 mi	$1,300
59486	Valier	21.9 mi	$1,150
59425	Conrad	34.8 mi	$1,300

Questions

What is the Fair Market Rent for ZIP code 59467?

HUD's FY2027 Small Area Fair Market Rents for 59467 are $1,040 (studio), $1,200 (1 BR), $1,360 (2 BR), $1,880 (3 BR) and $2,270 (4 BR) a month.

What is the Section 8 payment standard in 59467?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 59467 that range is $1,224 to $1,496 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 59467?

The FY2026 income limits of the Teton County, MT area apply: median family income $90,100, low-income (80%) limit $72,800 for a family of four.