ZIP 59347 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 59347 in the Custer County, MT FMR area.

Custer County, MT

$1,090Efficiency
$1,1601 bedroom
$1,4802 bedrooms
$2,0303 bedrooms
$2,3404 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,090$981$1,199$1,160
1 bedroom$1,160$1,044$1,276$1,232
2 bedrooms$1,480$1,332$1,628$1,612
3 bedrooms$2,030$1,827$2,233$2,195
4 bedrooms$2,340$2,106$2,574$2,471

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Rosebud County, MT

$1,090Efficiency
$1,1601 bedroom
$1,4802 bedrooms
$2,0303 bedrooms
$2,3404 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,090$981$1,199$909
1 bedroom$1,160$1,044$1,276$971
2 bedrooms$1,480$1,332$1,628$1,189
3 bedrooms$2,030$1,827$2,233$1,646
4 bedrooms$2,340$2,106$2,574$1,987

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 59347

$54,992average adjusted gross income per tax return (2022)
$30,742average salaries and wages per return
120tax returns filed
32%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00033.3%
$25,000 to $50,00016.7%
$50,000 to $75,00033.3%
$75,000 to $100,0000.0%
$100,000 to $200,00016.7%
$200,000 or more0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 0.0% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 59347?

HUD's FY2027 Small Area FMRs for ZIP 59347 (Custer County, MT) are $1,090 efficiency, $1,160 one bedroom, $1,480 two bedrooms, $2,030 three and $2,340 four bedrooms.

What payment standard can a housing authority set in ZIP 59347?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,332 to $1,628.

How affordable is rent in ZIP 59347?

Tax returns filed from ZIP 59347 reported an average adjusted gross income of $54,992 (2022). A two-bedroom unit at the Small Area FMR costs $17,760 a year, or 32% of that income.