Housing market/Montana/ZIP 59061

ACS 2023 · FY2027 SAFMR

ZIP 59061 Nye, Stillwater County, Montana

Stillwater County, MT HUD Metro FMR Area · Montana. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
240
Households
150
Median HH income
$83,333
Renter share
22.0%
Median gross rent
$568
Vacancy
52.4%
Pop. change
-1.2%
2BR SAFMR
$1,550
SAFMR / rent
2.729×
2–49 unit stock
5
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 59061 · MT — sent to you.

ZIP 59061 · MT

ACS median rent$568
2BR SAFMR$1,550
90% floor$1,395
110% ceiling$1,705

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 59061

  • 1-unit detached28490.2%
  • 5–49 units51.6%
  • Mobile268.3%
TypeUnitsShare
1-unit detached28490.2%
1-unit attached00.0%
2 units (duplex)00.0%
3–4 units00.0%
5–9 units51.6%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile268.3%

2–4 unit share 0.0% · 5–49 unit share 1.6% · combined 2–49 1.6%.

Units by bedrooms

Studio
26
1BR
9
2BR
149
3BR
72
4BR
59
5+
0

Rent burden

Rent ≥30% of income33.3%
Rent ≥50% of income15.2%
  • ACS median gross rent $568 (all bedrooms, occupied rentals).
  • Renters paying ≥30% of income 33.3%; ≥50% 15.2%.
  • FY2027 2BR SAFMR $1,550 (2.729× ACS median gross rent).

Population

240 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -1.2%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 59061 22.0% of occupied households are renters; vacancy is 52.4%; ACS median gross rent is $568; population changed -1.2% between the 2018 and 2023 ACS vintages; the housing stock includes 0 units in 2–4-unit structures and 5 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,550 versus ACS median gross rent of $568. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Montana research

ZIP 59061 is a Census / HUD profile for Stillwater County, MT. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Montana research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 59061?

ZIP 59061 (Stillwater County, MT HUD Metro FMR Area) has 240 residents, 150 households, a renter share of 22.0%, median household income of $83,333, and ACS 2023 median gross rent of $568. Vacancy is 52.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 59061?

ACS counts 0 units in 2-unit buildings, 0 in 3–4 unit buildings, 5 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 5 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 59061?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,550. See the full schedule and 90–110% payment-standard band on the ZIP 59061 — Nye, MT HUD Section 8 Payment Standards / SAFMR.

Does this Montana ZIP profile include Georgia listings?

No. ZIP 59061 is Census / HUD research for Stillwater County, MT HUD Metro FMR Area. Jeff Crowe CRE does not list Montana property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.