59703
ZIPSAFMR
Silver Bow County, MT
BRFMR
Eff. Rent
0 BR$1,020$1,020
1 BR$1,150$1,150
2 BR$1,410$1,380
3 BR$1,960$1,750
4 BR$2,170$2,100
5 BR$2,496
6 BR$2,870
7 BR$3,300
8 BR$3,795

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio
1.00ratio
FMR$1,020
Market$1,020
vs market+$0

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1.00
1 BR
1 BR
0.96ratio
FMR$1,150
Market$1,200
vs market-$50

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.96
2 BR
2 BR
1.02ratio
FMR$1,410
Market$1,380
vs market+$30

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1.02
3 BR
3 BR
1.12ratio
FMR$1,960
Market$1,750
vs market+$210

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.12
4 BR
4 BR
1.03ratio
FMR$2,170
Market$2,100
vs market+$70

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1.03
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit sizes.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$147,609
Rent
$1,410
Down payment
$29,522
Loan
$118,087
Mortgage
$746
Expenses
$464
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 59703 (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.