Income Limits by County

FY2027 Small Area FMR · Wise River, MT

ZIP 59762 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 59762 (Wise River, MT) is $1,280 a month, up 3.2% from FY2026. That is 19% above the Beaverhead County, MT area-wide FMR of $1,074.

2-bedroom SAFMR$1,280per month ▲ 3.2%
Area-wide 2 BR FMR$1,074Beaverhead County, MT
Rank in the area5thof 10 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.

FY2027 FY2026

Where 59762 sits in the Beaverhead County, MT area

$1,040$1,420median $1,190

Of the 10 ZIP codes HUD lists for the area, 59762 has the 5th highest two-bedroom Small Area FMR. Beaverhead 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 $1,074 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,280 for this ZIP code instead.

ZIP code 59762 crosses more than one HUD area. HUD also lists it under Deer Lodge County, MT (same figures) and Silver Bow County, MT (same figures). The figure that applies depends on which side of the line the home is.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$930$837 – $1,023$821$870
1 bedroom$1,040$936 – $1,144$987$1,060
2 bedrooms$1,280$1,152 – $1,408$1,074$1,240
3 bedrooms$1,780$1,602 – $1,958$1,487$1,730
4 bedrooms$1,970$1,773 – $2,167$1,795$1,980

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 $85,600 and the 80% low-income limit for four people is $72,800. ZIP code 59762 lies mainly in Deer Lodge County and Beaverhead County. See the Beaverhead County, MT county page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
59746Polaris13.3 mi$1,100
59732Glen15.9 mi$1,390
59727Divide18.1 mi$1,420
59743Melrose18.3 mi$1,390
59736Jackson24.3 mi$1,090
59761Wisdom24.8 mi$1,090

Questions

What is the Fair Market Rent for ZIP code 59762?

HUD's FY2027 Small Area Fair Market Rents for 59762 are $930 (studio), $1,040 (1 BR), $1,280 (2 BR), $1,780 (3 BR) and $1,970 (4 BR) a month.

What is the Section 8 payment standard in 59762?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 59762 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 59762?

The FY2026 income limits of the Beaverhead County, MT area apply: median family income $85,600, low-income (80%) limit $72,800 for a family of four.