Skip to main content
Loading page
Stillwater County/Lavina/59046

59046

ZIPSAFMR
Stillwater County, MT
Zillow

ZIP Investment Score

57Below average

095130300
BRFMR
Eff. Rent
0 BR$980$980
1 BR$1,110$1,110
2 BR$1,300$1,300
3 BR$1,800$1,800
4 BR$2,110$2,110
5 BR$2,427Not available
6 BR$2,790Not available
7 BR$3,209Not available
8 BR$3,690Not available

Purchase Price Calculator

Maximum purchase price
$131,263

Cost breakdown

+Likely effective rent$1,300
HUD FMRUsed$1,300
Market rentN/A
Est. payment standardN/A
-Principal and interest-$664
Loan amount$105,010
Down payment$26,253
Rate6.50%
Term30 years
-Operating costs-$436
Property taxes-$131
Insurance-$175
Utilities$0
HOA$0
Management-$130
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$21,055(80.2% ROI)
Projected value
$141,356
Return breakdown
Property appreciation+$10,093
Loan principal paid down+$3,762
Rental cash flow+$7,200
5-year hold
+$35,958(137.0% ROI)
Projected value
$148,512
Return breakdown
Property appreciation+$17,249
Loan principal paid down+$6,709
Rental cash flow+$12,000
10-year hold
+$76,751(292.4% ROI)
Projected value
$168,028
Return breakdown
Property appreciation+$36,765
Loan principal paid down+$15,987
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

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
--

ZIP 59046 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 59046 (Lavina, MT) is $1,300 a month. That is down 9.7% from $1,440 in FY 2026. Lavina is in the Stillwater County, 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 $1,271. Among 13 ZIP codes in Stillwater County, 59046 has the 10th-highest two-bedroom rent (county range $1,160–$1,860).

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 59046
BedroomsFY 2027Change90–110% range
Studio$980−9.3%$882–$1,078
1BR$1,110−2.6%$999–$1,221
2BR$1,300−9.7%$1,170–$1,430
3BR$1,800−10.0%$1,620–$1,980
4BR$2,110−9.4%$1,899–$2,321

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 59046
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$980$1,110$1,300$1,800$2,110
FY 2026$1,080$1,140$1,440$2,000$2,330
FY 2025$1,030$1,070$1,400$1,940$2,260
FY 2024$730$780$1,020$1,420$1,730
FY 2023$690$740$980$1,380$1,670

Two-bedroom rent in nearby Stillwater County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 59046
59011$1,160−10.8%
59015$1,380+6.2%
59019$1,280−1.5%
59028$1,480+13.8%
59044$1,310+0.8%
59046Current$1,300—
59057$1,470+13.1%
59061$1,550+19.2%
59063$1,530+17.7%
59067$1,410+8.5%
59069$1,860+43.1%
59074$1,320+1.5%

Questions about ZIP 59046 rents

How much will Section 8 pay for a two-bedroom in ZIP 59046?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,271, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,144 to $1,398 a month; under the ZIP-level Small Area FMR of $1,300 it would be $1,170 to $1,430. 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 59046 in?

ZIP 59046 is in the Stillwater County, MT HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,271.

How much did fair market rent change in ZIP 59046 for FY 2027?

The two-bedroom FMR fell 9.7%, from $1,440 in FY 2026 to $1,300 in FY 2027. Since FY 2023 it has risen 32.7%.

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