Housing market/Montana/ZIP 59523

ACS 2023 · FY2027 SAFMR

ZIP 59523 Chinook, Hill County, Montana

Hill 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
2,281
Households
913
Median HH income
$74,107
Renter share
27.2%
Median gross rent
$739
Vacancy
19.3%
Pop. change
+4.0%
2BR SAFMR
$1,180
SAFMR / rent
1.597×
2–49 unit stock
77
LIHTC proj / units
—
HUD assisted MF
1 / 25

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 59523 · MT — sent to you.

ZIP 59523 · MT

ACS median rent$739
2BR SAFMR$1,180
90% floor$1,062
110% ceiling$1,298

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

Housing stock

ACS 2023 units-in-structure · ZCTA 59523

  • 1-unit detached99487.9%
  • 1-unit attached201.8%
  • 2–4 units312.7%
  • 5–49 units464.1%
  • Mobile403.5%
TypeUnitsShare
1-unit detached99487.9%
1-unit attached201.8%
2 units (duplex)151.3%
3–4 units161.4%
5–9 units00.0%
10–19 units00.0%
20–49 units464.1%
50+ units00.0%
Mobile403.5%

2–4 unit share 2.7% · 5–49 unit share 4.1% · combined 2–49 6.8%.

Units by bedrooms

Studio
28
1BR
71
2BR
262
3BR
378
4BR
302
5+
90

Rent burden

Rent ≥30% of income7.3%
Rent ≥50% of income0.0%
  • ACS median gross rent $739 (all bedrooms, occupied rentals).
  • Median contract rent $557.
  • Renters paying ≥30% of income 7.3%; ≥50% 0.0%.
  • FY2027 2BR SAFMR $1,180 (1.597× ACS median gross rent).

Population

2,281 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +4.0%.

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: 1 properties, 25 assisted units.
  • 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 59523 27.2% of occupied households are renters; vacancy is 19.3%; ACS median gross rent is $739; population increased +4.0% between the 2018 and 2023 ACS vintages; the housing stock includes 31 units in 2–4-unit structures and 46 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,180 versus ACS median gross rent of $739. 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 59523 is a Census / HUD profile for Hill 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 59523?

ZIP 59523 (Hill County, MT) has 2,281 residents, 913 households, a renter share of 27.2%, median household income of $74,107, and ACS 2023 median gross rent of $739. Vacancy is 19.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 59523?

ACS counts 15 units in 2-unit buildings, 16 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 46 in 20–49. Combined 2–49 unit stock is 77 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 59523?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,180. See the full schedule and 90–110% payment-standard band on the ZIP 59523 — Chinook, MT HUD Section 8 Payment Standards / SAFMR.

Does this Montana ZIP profile include Georgia listings?

No. ZIP 59523 is Census / HUD research for Hill 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.