MT/Custer County/MILES CITY
MILES CITY, MT
CitySAFMR
Custer County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$1,110$830
1 BR$1,230$800
2 BR$1,610$850
3 BR$2,160$890
4 BR$2,330$1,110
5 BR$2,680
6 BR$3,081
7 BR$3,544
8 BR$4,075

Purchase Price Calculator

Maximum purchase price
$64,393

Cost breakdown

+Likely effective rent$850
HUD FMR$1,610
Market rentUsed$850
Est. payment standard (90%)$1,450
Market rent is below the inferred standard ($1,450, 90% of FMR).
-Principal and interest-$326
Loan amount$51,515
Down payment$12,879
Rate6.50%
Term30 years
-Operating costs-$324
Property taxes-$64
Insurance-$175
Utilities$0
HOA$0
Management-$85
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$13,997(108.7% ROI)
Projected value
$69,344
Current value$64,393
Return breakdown
Property appreciation+$4,951
Loan principal paid down+$1,846
Rental cash flow+$7,200
5-year hold
+$23,753(184.4% ROI)
Projected value
$72,855
Current value$64,393
Return breakdown
Property appreciation+$8,462
Loan principal paid down+$3,291
Rental cash flow+$12,000
10-year hold
+$49,878(387.3% ROI)
Projected value
$82,429
Current value$64,393
Return breakdown
Property appreciation+$18,036
Loan principal paid down+$7,843
Rental cash flow+$24,000

Upgrade to access AI-powered research tools

Upgrade

Rolodex

Upgrade to access AI-powered research tools

Upgrade

Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio- 59301
1.34ratio
FMR$1,110
Market$830
vs market+$280

FMR is above market; underwrite to market rent.

90% standard$999 / 1.20 ratio110% standard$1,221 / 1.47 ratio
1.34
1 BR
1 BR- 59301
1.54ratio
FMR$1,230
Market$800
vs market+$430

FMR is above market; underwrite to market rent.

90% standard$1,107 / 1.38 ratio110% standard$1,353 / 1.69 ratio
1.54
2 BR
2 BR- 59301
1.89ratio
FMR$1,610
Market$850
vs market+$760

FMR is above market; underwrite to market rent.

1.89
3 BR
3 BR- 59301
2.43ratio
FMR$2,160
Market$890
vs market+$1,270

FMR is above market; underwrite to market rent.

2.43
4 BR
4 BR- 59301
2.10ratio
FMR$2,330
Market$1,110
vs market+$1,220

FMR is above market; underwrite to market rent.

2.10
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents across all bedroom sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for MILES CITY, MT (MT) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

Related ZIPs

MILES CITY, MT fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for MILES CITY, MT shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,610 and the 4 bedroom fair market rent is $2,330.

Use this page for searches like MILES CITY, MT FMR, MILES CITY, MT fair market rent, and MILES CITY, MT Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for MILES CITY, MT
Bedroom sizeHUD FMR
Studio$1,110
1 bedroom$1,230
2 bedroom$1,610
3 bedroom$2,160
4 bedroom$2,330