FY2027 Small Area FMR · Ronan, MT

ZIP 59864 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 59864 (Ronan, MT) is $1,400 a month, unchanged from FY2026. That is 3% below the Lake County, MT area-wide FMR of $1,448.

2-bedroom SAFMR$1,400per month ■ 0.0%

Area-wide 2 BR FMR$1,448Lake County, MT

Rank in the area12thof 16 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,260

2 BR Small Area FMR$1,400

110% of SAFMR$1,540

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

Studio$1,080▲ 1.9%

1 BR$1,090▲ 1.9%

2 BR$1,400■ 0.0%

3 BR$1,760▼ 2.8%

4 BR$1,980▲ 2.6%

FY2027 FY2026

Where 59864 sits in the Lake County, MT area

Of the 16 ZIP codes HUD lists for the area, 59864 has the 12th highest two-bedroom Small Area FMR. Lake 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 $1,448 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,400 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	$1,080	$972 – $1,188	$1,116	$1,060
1 bedroom	$1,090	$981 – $1,199	$1,123	$1,070
2 bedrooms	$1,400	$1,260 – $1,540	$1,448	$1,400
3 bedrooms	$1,760	$1,584 – $1,936	$1,821	$1,810
4 bedrooms	$1,980	$1,782 – $2,178	$2,046	$1,930

A household renting a two-bedroom home at the Small Area FMR of $1,400 needs about $56,000 a year to keep housing costs at 30% of income. The area median family income is $83,800 and the 80% low-income limit for four people is $72,800. ZIP code 59864 lies mainly in Lake County. See the Lake County, MT county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
59855	Pablo	5.3 mi	$1,300
59824	Charlo	9.2 mi	$1,300
59860	Polson	12.3 mi	$1,460
59865	Saint Ignatius	14.5 mi	$1,300
59826	Condon	15.2 mi	$1,500
59863	Ravalli	16.2 mi	$1,360

Questions

What is the Fair Market Rent for ZIP code 59864?

HUD's FY2027 Small Area Fair Market Rents for 59864 are $1,080 (studio), $1,090 (1 BR), $1,400 (2 BR), $1,760 (3 BR) and $1,980 (4 BR) a month.

What is the Section 8 payment standard in 59864?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 59864 that range is $1,260 to $1,540 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 59864?

The FY2026 income limits of the Lake County, MT area apply: median family income $83,800, low-income (80%) limit $72,800 for a family of four.