ZIP 59761 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 59761 in the Beaverhead County, MT FMR area.

$830Efficiency
$1,0001 bedroom
$1,0902 bedrooms
$1,5103 bedrooms
$1,8204 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$830$747$913$821
1 bedroom$1,000$900$1,100$987
2 bedrooms$1,090$981$1,199$1,074
3 bedrooms$1,510$1,359$1,661$1,487
4 bedrooms$1,820$1,638$2,002$1,795

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

Income in ZIP 59761

$62,579average adjusted gross income per tax return (2022)
$30,464average salaries and wages per return
140tax returns filed
21%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00028.6%
$25,000 to $50,00028.6%
$50,000 to $75,00028.6%
$75,000 to $100,0000.0%
$100,000 to $200,00014.3%
$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 59761?

HUD's FY2027 Small Area FMRs for ZIP 59761 (Beaverhead County, MT) are $830 efficiency, $1,000 one bedroom, $1,090 two bedrooms, $1,510 three and $1,820 four bedrooms.

What payment standard can a housing authority set in ZIP 59761?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $981 to $1,199.

How affordable is rent in ZIP 59761?

Tax returns filed from ZIP 59761 reported an average adjusted gross income of $62,579 (2022). A two-bedroom unit at the Small Area FMR costs $13,080 a year, or 21% of that income.