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MT/Flathead County/Hungry Horse

Hungry Horse, MT

CitySAFMR
Flathead County
Found 1 ZIP
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City Median Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,280$1,410
1 BR$1,280$1,410
2 BR$1,680$1,760
3 BR$2,260$2,060
4 BR$2,790$2,130
5 BR$3,208Not available
6 BR$3,690Not available
7 BR$4,243Not available
8 BR$4,880Not available

Purchase Price Calculator

Maximum purchase price
$199,619

Cost breakdown

+Likely effective rent$1,760
HUD FMR$1,680
Market rent$1,800
Est. payment standard (105%)Used$1,760
-Principal and interest-$1,009
Loan amount$159,695
Down payment$39,924
Rate6.50%
Term30 years
-Operating costs-$551
Property taxes-$200
Insurance-$175
Utilities$0
HOA$0
Management-$176
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$28,270(70.8% ROI)
Projected value
$214,968
Return breakdown
Property appreciation+$15,349
Loan principal paid down+$5,721
Rental cash flow+$7,200
5-year hold
+$48,434(121.3% ROI)
Projected value
$225,850
Return breakdown
Property appreciation+$26,232
Loan principal paid down+$10,203
Rental cash flow+$12,000
10-year hold
+$104,222(261.1% ROI)
Projected value
$255,529
Return breakdown
Property appreciation+$55,910
Loan principal paid down+$24,312
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.86
1 BR
0.82
2 BR
0.93
3 BR
1.10
4 BR
1.31
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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Hungry Horse, MT fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Hungry Horse, MT is $1,680 a month. That is down 9.2% from $1,850 in FY 2026. Hungry Horse is in the Flathead County, MT non-metropolitan 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 county-wide two-bedroom FMR of $1,682. The median county two-bedroom FMR in Montana is $1,310, so Hungry Horse is 28% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Hungry Horse, MT
BedroomsFY 2027Change90–110% range
Studio$1,280−7.9%$1,152–$1,408
1BR$1,280−9.2%$1,152–$1,408
2BR$1,680−9.2%$1,512–$1,848
3BR$2,260−7.0%$2,034–$2,486
4BR$2,790−10.0%$2,511–$3,069

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Hungry Horse, MT
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,280$1,280$1,680$2,260$2,790
FY 2026$1,390$1,410$1,850$2,430$3,100
FY 2025$1,340$1,390$1,830$2,440$3,070
FY 2024area FMR$733$823$1,081$1,486$1,834
FY 2023area FMR$675$767$1,010$1,435$1,720

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Questions about Hungry Horse, MT rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,682, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,514 to $1,850 a month; under the ZIP-level Small Area FMR of $1,680 it would be $1,512 to $1,848. 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 Hungry Horse, MT in?

Hungry Horse, MT is in the Flathead County, MT non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,682.

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

The two-bedroom FMR fell 9.2%, from $1,850 in FY 2026 to $1,680 in FY 2027. Since FY 2025 it has fallen 8.2%.

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