Housing market/Montana/ZIP 59721

ACS 2023 · FY2027 SAFMR

ZIP 59721 Cardwell, Madison County, Montana

Madison 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
519
Households
203
Median HH income
$86,932
Renter share
25.6%
Median gross rent
$896
Vacancy
23.7%
Pop. change
+3.4%
2BR SAFMR
$1,390
SAFMR / rent
1.551×
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 59721 · MT — sent to you.

ZIP 59721 · MT

ACS median rent$896
2BR SAFMR$1,390
90% floor$1,251
110% ceiling$1,529

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

Housing stock

ACS 2023 units-in-structure · ZCTA 59721

  • 1-unit detached22083.0%
  • 2–4 units51.9%
  • Mobile4015.1%
TypeUnitsShare
1-unit detached22082.7%
1-unit attached00.0%
2 units (duplex)51.9%
3–4 units00.0%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile4015.0%

2–4 unit share 1.9% · 5–49 unit share 0.0% · combined 2–49 1.9%.

Units by bedrooms

Studio
8
1BR
3
2BR
54
3BR
164
4BR
21
5+
16

Rent burden

Rent ≥30% of income11.5%
Rent ≥50% of income0.0%
  • ACS median gross rent $896 (all bedrooms, occupied rentals).
  • Median contract rent $737.
  • Renters paying ≥30% of income 11.5%; ≥50% 0.0%.
  • FY2027 2BR SAFMR $1,390 (1.551× ACS median gross rent).

Population

519 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +3.4%.

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 59721 25.6% of occupied households are renters; vacancy is 23.7%; ACS median gross rent is $896; population increased +3.4% between the 2018 and 2023 ACS vintages; the housing stock includes 5 units in 2–4-unit structures and 0 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,390 versus ACS median gross rent of $896. 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 59721 is a Census / HUD profile for Madison 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 59721?

ZIP 59721 (Madison County, MT) has 519 residents, 203 households, a renter share of 25.6%, median household income of $86,932, and ACS 2023 median gross rent of $896. Vacancy is 23.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 59721?

ACS counts 5 units in 2-unit buildings, 0 in 3–4 unit buildings, 0 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 59721?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,390. See the full schedule and 90–110% payment-standard band on the ZIP 59721 — Cardwell, MT HUD Section 8 Payment Standards / SAFMR.

Does this Montana ZIP profile include Georgia listings?

No. ZIP 59721 is Census / HUD research for Madison 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.