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Park County/Emigrant/59027

59027

ZIPSAFMR
Park County, MT
Zillow

ZIP Investment Score

33Below average

095130300
BRFMR
Eff. Rent
0 BR$1,220$1,220
1 BR$1,420$1,420
2 BR$1,740$1,740
3 BR$2,400$2,400
4 BR$2,900$2,900
5 BR$3,335Not available
6 BR$3,835Not available
7 BR$4,411Not available
8 BR$5,072Not available

Purchase Price Calculator

Maximum purchase price
$196,647

Cost breakdown

+Likely effective rent$1,740
HUD FMRUsed$1,740
Market rentN/A
Est. payment standardN/A
-Principal and interest-$994
Loan amount$157,317
Down payment$39,329
Rate6.50%
Term30 years
-Operating costs-$546
Property taxes-$197
Insurance-$175
Utilities$0
HOA$0
Management-$174
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$27,957(71.1% ROI)
Projected value
$211,767
Return breakdown
Property appreciation+$15,120
Loan principal paid down+$5,636
Rental cash flow+$7,200
5-year hold
+$47,892(121.8% ROI)
Projected value
$222,488
Return breakdown
Property appreciation+$25,841
Loan principal paid down+$10,051
Rental cash flow+$12,000
10-year hold
+$103,028(262.0% ROI)
Projected value
$251,725
Return breakdown
Property appreciation+$55,078
Loan principal paid down+$23,950
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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ZIP 59027 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 59027 (Emigrant, MT) is $1,740 a month. That is down 1.7% from $1,770 in FY 2026. Emigrant is in the Park 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 $1,608. Among 11 ZIP codes in Park County, 59027 has the 5th-highest two-bedroom rent (county range $1,450–$1,970). The median county two-bedroom FMR in Montana is $1,310, so ZIP 59027 is 33% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 59027
BedroomsFY 2027Change90–110% range
Studio$1,2200.0%$1,098–$1,342
1BR$1,420−1.4%$1,278–$1,562
2BR$1,740−1.7%$1,566–$1,914
3BR$2,400−2.4%$2,160–$2,640
4BR$2,900−1.4%$2,610–$3,190

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 59027
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,220$1,420$1,740$2,400$2,900
FY 2026$1,220$1,440$1,770$2,460$2,940
FY 2025$1,200$1,420$1,740$2,430$2,910
FY 2024area FMR$722$823$1,056$1,476$1,734
FY 2023area FMR$745$786$1,035$1,420$1,510

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

Two-bedroom rent in nearby Park County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 59027
59018$1,540−11.5%
59020$1,970+13.2%
59027Current$1,740—
59030$1,450−16.7%
59047$1,660−4.6%
59052$1,510−13.2%
59065$1,530−12.1%
59081$1,770+1.7%
59082$1,450−16.7%
59086$1,940+11.5%
59715$1,940+11.5%

Questions about ZIP 59027 rents

How much will Section 8 pay for a two-bedroom in ZIP 59027?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,608, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,447 to $1,769 a month; under the ZIP-level Small Area FMR of $1,740 it would be $1,566 to $1,914. 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 ZIP 59027 in?

ZIP 59027 is in the Park County, MT non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,608.

How much did fair market rent change in ZIP 59027 for FY 2027?

The two-bedroom FMR fell 1.7%, from $1,770 in FY 2026 to $1,740 in FY 2027. Since FY 2025 it has risen 0.0%.

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

County fair market rentEmigrant, MT fair market rentMT statewide rentsWhat is SAFMR?Data sources