FY2027 Small Area FMR · Saint Ignatius, MT

ZIP 59865 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 59865 (Saint Ignatius, MT) is $1,300 a month, up 3.2% from FY2026. That is 10% below the Lake County, MT area-wide FMR of $1,448.

2-bedroom SAFMR$1,300per month ▲ 3.2%

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

Rank in the area14thof 16 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,170

2 BR Small Area FMR$1,300

110% of SAFMR$1,430

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

Studio$990▲ 4.2%

1 BR$1,000▲ 3.1%

2 BR$1,300▲ 3.2%

3 BR$1,680▲ 5.7%

4 BR$1,800▲ 5.9%

FY2027 FY2026

Where 59865 sits in the Lake County, MT area

Of the 16 ZIP codes HUD lists for the area, 59865 has the 14th 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 $1,300 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	$990	$891 – $1,089	$1,116	$950
1 bedroom	$1,000	$900 – $1,100	$1,123	$970
2 bedrooms	$1,300	$1,170 – $1,430	$1,448	$1,260
3 bedrooms	$1,680	$1,512 – $1,848	$1,821	$1,590
4 bedrooms	$1,800	$1,620 – $1,980	$2,046	$1,700

A household renting a two-bedroom home at the Small Area FMR of $1,300 needs about $52,000 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 59865 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
59863	Ravalli	8.3 mi	$1,360
59824	Charlo	10.9 mi	$1,300
59826	Condon	11.0 mi	$1,500
59821	Arlee	11.3 mi	$1,670
59864	Ronan	14.5 mi	$1,400
59831	Dixon	17.5 mi	$1,130

Questions

What is the Fair Market Rent for ZIP code 59865?

HUD's FY2027 Small Area Fair Market Rents for 59865 are $990 (studio), $1,000 (1 BR), $1,300 (2 BR), $1,680 (3 BR) and $1,800 (4 BR) a month.

What is the Section 8 payment standard in 59865?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 59865 that range is $1,170 to $1,430 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 59865?

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.