FY2027 Small Area FMR · Shelby, MT

ZIP 59474 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 59474 (Shelby, MT) is $1,200 a month, up 0.8% from FY2026. That is 3% below the Toole County, MT area-wide FMR of $1,233.

2-bedroom SAFMR$1,200per month ▲ 0.8%

Area-wide 2 BR FMR$1,233Toole County, MT

Rank in the area8thof 11 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,080

2 BR Small Area FMR$1,200

110% of SAFMR$1,320

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

Studio$870▼ 2.2%

1 BR$950▼ 6.9%

2 BR$1,200▲ 0.8%

3 BR$1,590▼ 3.6%

4 BR$1,720■ 0.0%

FY2027 FY2026

Where 59474 sits in the Toole County, MT area

Of the 11 ZIP codes HUD lists for the area, 59474 has the 8th highest two-bedroom Small Area FMR. Toole 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 $1,233 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,200 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	$870	$783 – $957	$892	$890
1 bedroom	$950	$855 – $1,045	$947	$1,020
2 bedrooms	$1,200	$1,080 – $1,320	$1,233	$1,190
3 bedrooms	$1,590	$1,431 – $1,749	$1,629	$1,650
4 bedrooms	$1,720	$1,548 – $1,892	$1,769	$1,720

A household renting a two-bedroom home at the Small Area FMR of $1,200 needs about $48,000 a year to keep housing costs at 30% of income. The area median family income is $89,900 and the 80% low-income limit for four people is $72,800. ZIP code 59474 lies mainly in Toole County. See the Toole County, MT county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
59435	Ethridge	17.6 mi	$1,210
59466	Oilmont	17.8 mi	$1,370
59454	Kevin	18.9 mi	$1,400
59444	Galata	22.1 mi	$1,260
59425	Conrad	23.5 mi	$1,300
59456	Ledger	24.1 mi	$1,190

Questions

What is the Fair Market Rent for ZIP code 59474?

HUD's FY2027 Small Area Fair Market Rents for 59474 are $870 (studio), $950 (1 BR), $1,200 (2 BR), $1,590 (3 BR) and $1,720 (4 BR) a month.

What is the Section 8 payment standard in 59474?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 59474 that range is $1,080 to $1,320 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 59474?

The FY2026 income limits of the Toole County, MT area apply: median family income $89,900, low-income (80%) limit $72,800 for a family of four.