FY2027 Small Area FMR · Ringling, MT

ZIP 59642 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 59642 (Ringling, MT) is $1,570 a month, unchanged from FY2026. That is 12% above the Meagher County, MT area-wide FMR of $1,396.

2-bedroom SAFMR$1,570per month ■ 0.0%

Area-wide 2 BR FMR$1,396Meagher County, MT

Rank in the area3rdof 4 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,413

2 BR Small Area FMR$1,570

110% of SAFMR$1,727

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

Studio$1,140▲ 1.8%

1 BR$1,280▼ 0.8%

2 BR$1,570■ 0.0%

3 BR$2,170▼ 0.5%

4 BR$2,610▲ 0.8%

FY2027 FY2026

Where 59642 sits in the Meagher County, MT area

Of the 4 ZIP codes HUD lists for the area, 59642 has the 3rd highest two-bedroom Small Area FMR. Meagher 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 $1,396 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,570 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	$1,140	$1,026 – $1,254	$1,067	$1,120
1 bedroom	$1,280	$1,152 – $1,408	$1,096	$1,290
2 bedrooms	$1,570	$1,413 – $1,727	$1,396	$1,570
3 bedrooms	$2,170	$1,953 – $2,387	$1,933	$2,180
4 bedrooms	$2,610	$2,349 – $2,871	$2,293	$2,590

A household renting a two-bedroom home at the Small Area FMR of $1,570 needs about $62,800 a year to keep housing costs at 30% of income. The area median family income is $81,600 and the 80% low-income limit for four people is $72,800. ZIP code 59642 lies mainly in Meagher County. See the Meagher County, MT county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
59086	Wilsall	16.4 mi	$1,940
59053	Martinsdale	17.3 mi	$1,340
59085	Two Dot	25.5 mi	$1,200
59714	Belgrade	28.7 mi	$2,050
59018	Clyde Park	30.7 mi	$1,540
59645	White Sulphur Springs	32.2 mi	$1,580

Questions

What is the Fair Market Rent for ZIP code 59642?

HUD's FY2027 Small Area Fair Market Rents for 59642 are $1,140 (studio), $1,280 (1 BR), $1,570 (2 BR), $2,170 (3 BR) and $2,610 (4 BR) a month.

What is the Section 8 payment standard in 59642?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 59642 that range is $1,413 to $1,727 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 59642?

The FY2026 income limits of the Meagher County, MT area apply: median family income $81,600, low-income (80%) limit $72,800 for a family of four.