FY2027 Small Area FMR · Philipsburg, MT

ZIP 59858 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 59858 (Philipsburg, MT) is $1,350 a month, up 7.1% from FY2026. That is 28% above the Granite County, MT area-wide FMR of $1,055.

2-bedroom SAFMR$1,350per month ▲ 7.1%

Area-wide 2 BR FMR$1,055Granite County, MT

Rank in the area2ndof 5 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,215

2 BR Small Area FMR$1,350

110% of SAFMR$1,485

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

Studio$1,030▲ 9.6%

1 BR$1,060▲ 8.2%

2 BR$1,350▲ 7.1%

3 BR$1,870▲ 6.9%

4 BR$2,220▲ 8.8%

FY2027 FY2026

Where 59858 sits in the Granite County, MT area

Of the 5 ZIP codes HUD lists for the area, 59858 has the 2nd highest two-bedroom Small Area FMR. Granite 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 $1,055 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,350 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	$1,030	$927 – $1,133	$806	$940
1 bedroom	$1,060	$954 – $1,166	$828	$980
2 bedrooms	$1,350	$1,215 – $1,485	$1,055	$1,260
3 bedrooms	$1,870	$1,683 – $2,057	$1,461	$1,750
4 bedrooms	$2,220	$1,998 – $2,442	$1,733	$2,040

A household renting a two-bedroom home at the Small Area FMR of $1,350 needs about $54,000 a year to keep housing costs at 30% of income. The area median family income is $80,800 and the 80% low-income limit for four people is $72,800. ZIP code 59858 lies mainly in Granite County. See the Granite County, MT county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
59711	Anaconda	20.4 mi	$1,280
59837	Hall	20.6 mi	$1,300
59828	Corvallis	24.0 mi	$1,630
59825	Clinton	25.4 mi	$1,870
59733	Gold Creek	28.8 mi	$1,230
59832	Drummond	29.7 mi	$1,020

Questions

What is the Fair Market Rent for ZIP code 59858?

HUD's FY2027 Small Area Fair Market Rents for 59858 are $1,030 (studio), $1,060 (1 BR), $1,350 (2 BR), $1,870 (3 BR) and $2,220 (4 BR) a month.

What is the Section 8 payment standard in 59858?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 59858 that range is $1,215 to $1,485 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 59858?

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