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Judith Basin County/Moccasin/59462

59462

ZIPSAFMR
Judith Basin County, MT
Zillow

ZIP Investment Score

82Below average

095130300
BRFMR
Eff. Rent
0 BR$1,060$1,060
1 BR$1,070$1,070
2 BR$1,380$1,380
3 BR$1,910$1,910
4 BR$2,280$2,280
5 BR$2,622Not available
6 BR$3,015Not available
7 BR$3,468Not available
8 BR$3,988Not available

Purchase Price Calculator

Maximum purchase price
$143,151

Cost breakdown

+Likely effective rent$1,380
HUD FMRUsed$1,380
Market rentN/A
Est. payment standardN/A
-Principal and interest-$724
Loan amount$114,521
Down payment$28,630
Rate6.50%
Term30 years
-Operating costs-$456
Property taxes-$143
Insurance-$175
Utilities$0
HOA$0
Management-$138
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$22,310(77.9% ROI)
Projected value
$154,158
Return breakdown
Property appreciation+$11,007
Loan principal paid down+$4,103
Rental cash flow+$7,200
5-year hold
+$38,128(133.2% ROI)
Projected value
$161,962
Return breakdown
Property appreciation+$18,811
Loan principal paid down+$7,317
Rental cash flow+$12,000
10-year hold
+$81,529(284.8% ROI)
Projected value
$183,245
Return breakdown
Property appreciation+$40,094
Loan principal paid down+$17,434
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 59462 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 59462 (Moccasin, MT) is $1,380 a month. That is up 3.0% from $1,340 in FY 2026. Moccasin is in the Judith Basin 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 $1,162. Among 9 ZIP codes in Judith Basin County, 59462 has the 5th-highest two-bedroom rent (county range $1,150–$1,620). The median county two-bedroom FMR in Montana is $1,310, so ZIP 59462 is 5% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 59462
BedroomsFY 2027Change90–110% range
Studio$1,060+5.0%$954–$1,166
1BR$1,070+3.9%$963–$1,177
2BR$1,380+3.0%$1,242–$1,518
3BR$1,910+3.8%$1,719–$2,101
4BR$2,280+5.1%$2,052–$2,508

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 59462
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,060$1,070$1,380$1,910$2,280
FY 2026$1,010$1,030$1,340$1,840$2,170
FY 2025$920$960$1,260$1,610$2,010
FY 2024area FMR$658$689$905$1,094$1,425
FY 2023area FMR$596$628$826$1,005$1,293

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

Two-bedroom rent in nearby Judith Basin County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 59462
59418$1,610+16.7%
59424$1,420+2.9%
59430$1,620+17.4%
59447$1,180−14.5%
59452$1,150−16.7%
59462Current$1,380—
59464$1,410+2.2%
59469$1,160−15.9%
59479$1,160−15.9%

Questions about ZIP 59462 rents

How much will Section 8 pay for a two-bedroom in ZIP 59462?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,162, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,046 to $1,278 a month; under the ZIP-level Small Area FMR of $1,380 it would be $1,242 to $1,518. 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 59462 in?

ZIP 59462 is in the Judith Basin County, MT non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,162.

How much did fair market rent change in ZIP 59462 for FY 2027?

The two-bedroom FMR rose 3.0%, from $1,340 in FY 2026 to $1,380 in FY 2027. Since FY 2025 it has risen 9.5%.

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