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Valley County/Nashua/59248

59248

ZIPSAFMR
Valley County, MT
Zillow

ZIP Investment Score

90Below average

095130300
BRFMR
Eff. Rent
0 BR$1,040$1,040
1 BR$1,160$1,160
2 BR$1,360$1,360
3 BR$1,880$1,880
4 BR$2,090$2,090
5 BR$2,404Not available
6 BR$2,764Not available
7 BR$3,179Not available
8 BR$3,655Not available

Purchase Price Calculator

Maximum purchase price
$140,179

Cost breakdown

+Likely effective rent$1,360
HUD FMRUsed$1,360
Market rentN/A
Est. payment standardN/A
-Principal and interest-$709
Loan amount$112,143
Down payment$28,036
Rate6.50%
Term30 years
-Operating costs-$451
Property taxes-$140
Insurance-$175
Utilities$0
HOA$0
Management-$136
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$21,996(78.5% ROI)
Projected value
$150,957
Return breakdown
Property appreciation+$10,778
Loan principal paid down+$4,018
Rental cash flow+$7,200
5-year hold
+$37,586(134.1% ROI)
Projected value
$158,600
Return breakdown
Property appreciation+$18,421
Loan principal paid down+$7,165
Rental cash flow+$12,000
10-year hold
+$80,334(286.5% ROI)
Projected value
$179,441
Return breakdown
Property appreciation+$39,262
Loan principal paid down+$17,073
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
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Tax rate
--
Mortgage rate
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ZIP 59248 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 59248 (Nashua, MT) is $1,360 a month. That is down 5.6% from $1,440 in FY 2026. Nashua is in the Valley 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 $1,202. Among 14 ZIP codes in Valley County, 59248 has the 3rd-highest two-bedroom rent (county range $1,080–$1,400). The median county two-bedroom FMR in Montana is $1,310, so ZIP 59248 is 4% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 59248
BedroomsFY 2027Change90–110% range
Studio$1,040−3.7%$936–$1,144
1BR$1,160+5.5%$1,044–$1,276
2BR$1,360−5.6%$1,224–$1,496
3BR$1,8800.0%$1,692–$2,068
4BR$2,090−0.5%$1,881–$2,299

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 59248
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,040$1,160$1,360$1,880$2,090
FY 2026$1,080$1,100$1,440$1,880$2,100
FY 2025$990$1,030$1,350$1,720$2,030
FY 2024area FMR$658$689$905$1,170$1,373
FY 2023area FMR$596$628$826$1,120$1,203

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

Two-bedroom rent in nearby Valley County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 59248
59223$1,400+2.9%
59225$1,270−6.6%
59230$1,210−11.0%
59231$1,210−11.0%
59240$1,200−11.8%
59241$1,080−20.6%
59244$1,200−11.8%
59248Current$1,360—
59250$1,080−20.6%
59253$1,080−20.6%
59260$1,170−14.0%
59261$1,260−7.4%

Questions about ZIP 59248 rents

How much will Section 8 pay for a two-bedroom in ZIP 59248?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,202, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,082 to $1,322 a month; under the ZIP-level Small Area FMR of $1,360 it would be $1,224 to $1,496. 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 59248 in?

ZIP 59248 is in the Valley County, MT non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,202.

How much did fair market rent change in ZIP 59248 for FY 2027?

The two-bedroom FMR fell 5.6%, from $1,440 in FY 2026 to $1,360 in FY 2027. Since FY 2025 it has risen 0.7%.

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