Housing market/Montana/ZIP 59243

ACS 2023 · FY2027 SAFMR

ZIP 59243 Lambert, Richland County, Montana

Richland 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
410
Households
130
Median HH income
$80,833
Renter share
29.2%
Median gross rent
$1,088
Vacancy
27.0%
Pop. change
+67.3%
2BR SAFMR
$1,640
SAFMR / rent
1.507×
2–49 unit stock
12
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 59243 · MT — sent to you.

ZIP 59243 · MT

ACS median rent$1,088
2BR SAFMR$1,640
90% floor$1,476
110% ceiling$1,804

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

Housing stock

ACS 2023 units-in-structure · ZCTA 59243

  • 1-unit detached13676.4%
  • 2–4 units126.7%
  • Mobile3016.9%
TypeUnitsShare
1-unit detached13676.4%
1-unit attached00.0%
2 units (duplex)63.4%
3–4 units63.4%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile3016.9%

2–4 unit share 6.7% · 5–49 unit share 0.0% · combined 2–49 6.7%.

Units by bedrooms

Studio
0
1BR
0
2BR
19
3BR
89
4BR
49
5+
21

Rent burden

Rent ≥30% of income39.5%
Rent ≥50% of income21.1%
  • ACS median gross rent $1,088 (all bedrooms, occupied rentals).
  • Median contract rent $975.
  • Renters paying ≥30% of income 39.5%; ≥50% 21.1%.
  • FY2027 2BR SAFMR $1,640 (1.507× ACS median gross rent).

Population

410 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +67.3%.

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 59243 29.2% of occupied households are renters; vacancy is 27.0%; ACS median gross rent is $1,088; population increased +67.3% between the 2018 and 2023 ACS vintages; the housing stock includes 12 units in 2–4-unit structures and 0 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,640 versus ACS median gross rent of $1,088. 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 59243 is a Census / HUD profile for Richland 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 59243?

ZIP 59243 (Richland County, MT) has 410 residents, 130 households, a renter share of 29.2%, median household income of $80,833, and ACS 2023 median gross rent of $1,088. Vacancy is 27.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 59243?

ACS counts 6 units in 2-unit buildings, 6 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 12 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 59243?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,640. See the full schedule and 90–110% payment-standard band on the ZIP 59243 — Lambert, MT HUD Section 8 Payment Standards / SAFMR.

Does this Montana ZIP profile include Georgia listings?

No. ZIP 59243 is Census / HUD research for Richland 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.