Housing market/Montana/ZIP 59231

ACS 2023 · FY2027 SAFMR

ZIP 59231 Saint Marie, Valley County, Montana

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

Population
319
Households
120
Median HH income
$38,125
Renter share
8.3%
Median gross rent
—
Vacancy
84.5%
Pop. change
-34.8%
2BR SAFMR
$1,210
SAFMR / rent
—
2–49 unit stock
693
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 59231 · MT — sent to you.

ZIP 59231 · MT

2BR SAFMR$1,210
90% floor$1,089
110% ceiling$1,331

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

Housing stock

ACS 2023 units-in-structure · ZCTA 59231

  • 1-unit detached344.4%
  • 1-unit attached476.1%
  • 2–4 units69389.5%
TypeUnitsShare
1-unit detached344.4%
1-unit attached476.1%
2 units (duplex)23530.4%
3–4 units45859.2%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile00.0%

2–4 unit share 89.5% · 5–49 unit share 0.0% · combined 2–49 89.5%.

Units by bedrooms

Studio
13
1BR
0
2BR
117
3BR
370
4BR
274
5+
0

Rent burden

Rent ≥30% of income100.0%
Rent ≥50% of income0.0%
  • Renters paying ≥30% of income 100.0%; ≥50% 0.0%.

Population

319 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -34.8%.

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 59231 8.3% of occupied households are renters; vacancy is 84.5%; population changed -34.8% between the 2018 and 2023 ACS vintages; the housing stock includes 693 units in 2–4-unit structures and 0 units in 5–49-unit structures. 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 59231 is a Census / HUD profile for Valley 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 59231?

ZIP 59231 (Valley County, MT) has 319 residents, 120 households, a renter share of 8.3%, median household income of $38,125, and ACS 2023 median gross rent of —. Vacancy is 84.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 59231?

ACS counts 235 units in 2-unit buildings, 458 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 693 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 59231?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,210. See the full schedule and 90–110% payment-standard band on the ZIP 59231 — Saint Marie, MT HUD Section 8 Payment Standards / SAFMR.

Does this Montana ZIP profile include Georgia listings?

No. ZIP 59231 is Census / HUD research for Valley County, MT. 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.