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MT/Missoula County/Frenchtown

Frenchtown, MT

CitySAFMR
Missoula County
Found 1 ZIP

City Median Investment Score

62Below average

095130300
BRFMR
Eff. Rent
0 BR$1,710$1,710
1 BR$2,090$2,090
2 BR$2,460$2,460
3 BR$3,410$3,410
4 BR$4,110$4,110
5 BR$4,727Not available
6 BR$5,435Not available
7 BR$6,251Not available
8 BR$7,188Not available

Purchase Price Calculator

Maximum purchase price
$303,639

Cost breakdown

+Likely effective rent$2,460
HUD FMRUsed$2,460
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,535
Loan amount$242,911
Down payment$60,728
Rate6.50%
Term30 years
-Operating costs-$725
Property taxes-$304
Insurance-$175
Utilities$0
HOA$0
Management-$246
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$39,250(64.6% ROI)
Projected value
$326,985
Return breakdown
Property appreciation+$23,347
Loan principal paid down+$8,703
Rental cash flow+$7,200
5-year hold
+$67,420(111.0% ROI)
Projected value
$343,539
Return breakdown
Property appreciation+$39,901
Loan principal paid down+$15,520
Rental cash flow+$12,000
10-year hold
+$146,025(240.5% ROI)
Projected value
$388,683
Return breakdown
Property appreciation+$85,044
Loan principal paid down+$36,980
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
--
Tax rate
--
Mortgage rate
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Frenchtown, MT fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Frenchtown, MT is $2,460 a month. That is down 0.8% from $2,480 in FY 2026. Frenchtown is in the Missoula, MT HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,690. The median county two-bedroom FMR in Montana is $1,310, so Frenchtown is 88% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Frenchtown, MT
BedroomsFY 2027Change90–110% range
Studio$1,7100.0%$1,539–$1,881
1BR$2,090−0.5%$1,881–$2,299
2BR$2,460−0.8%$2,214–$2,706
3BR$3,410−1.2%$3,069–$3,751
4BR$4,110−1.2%$3,699–$4,521

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Frenchtown, MT
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,710$2,090$2,460$3,410$4,110
FY 2026$1,710$2,100$2,480$3,450$4,160
FY 2025$1,680$2,010$2,410$3,380$4,050
FY 2024$880$1,030$1,260$1,770$2,130
FY 2023$840$960$1,180$1,650$2,010

Questions about Frenchtown, MT rents

How much will Section 8 pay for a two-bedroom in Frenchtown, MT?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,690, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,521 to $1,859 a month; under the ZIP-level Small Area FMR of $2,460 it would be $2,214 to $2,706. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is Frenchtown, MT in?

Frenchtown, MT is in the Missoula, MT HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,690.

How much did fair market rent change in Frenchtown, MT for FY 2027?

The two-bedroom FMR fell 0.8%, from $2,480 in FY 2026 to $2,460 in FY 2027. Since FY 2023 it has risen 108.5%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set