Housing market/Montana/ZIP 59301

ACS 2023 · FY2027 SAFMR

ZIP 59301 Miles City, Rosebud County, Montana

Rosebud 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
11,598
Households
4,874
Median HH income
$63,643
Renter share
32.6%
Median gross rent
$918
Vacancy
12.4%
Pop. change
+0.9%
2BR SAFMR
$1,610
SAFMR / rent
1.754×
2–49 unit stock
872
LIHTC proj / units
2 / 53
HUD assisted MF
2 / 65

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 59301 · MT — sent to you.

ZIP 59301 · MT

ACS median rent$918
2BR SAFMR$1,610
90% floor$1,449
110% ceiling$1,771

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

Housing stock

ACS 2023 units-in-structure · ZCTA 59301

  • 1-unit detached3,78468.1%
  • 1-unit attached1392.5%
  • 2–4 units3175.7%
  • 5–49 units55510.0%
  • 50+ units1312.4%
  • Mobile62711.3%
TypeUnitsShare
1-unit detached3,78468.0%
1-unit attached1392.5%
2 units (duplex)791.4%
3–4 units2384.3%
5–9 units2204.0%
10–19 units1542.8%
20–49 units1813.3%
50+ units1312.4%
Mobile62711.3%

2–4 unit share 5.7% · 5–49 unit share 10.0% · combined 2–49 15.7%.

Units by bedrooms

Studio
196
1BR
554
2BR
1,473
3BR
1,887
4BR
836
5+
621

Rent burden

Rent ≥30% of income35.4%
Rent ≥50% of income21.0%
  • ACS median gross rent $918 (all bedrooms, occupied rentals).
  • Median contract rent $798.
  • Renters paying ≥30% of income 35.4%; ≥50% 21.0%.
  • FY2027 2BR SAFMR $1,610 (1.754× ACS median gross rent).

Population

11,598 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +0.9%.

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

Assisted inventory

  • LIHTC: 2 projects, 53 units.
  • HUD project-based assisted MF: 2 properties, 65 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 59301 32.6% of occupied households are renters; vacancy is 12.4%; ACS median gross rent is $918; population increased +0.9% between the 2018 and 2023 ACS vintages; the housing stock includes 317 units in 2–4-unit structures and 555 units in 5–49-unit structures; 2 LIHTC projects totaling 53 units; FY2027 2BR SAFMR is $1,610 versus ACS median gross rent of $918. 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 59301 is a Census / HUD profile for Rosebud 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 59301?

ZIP 59301 (Rosebud County, MT) has 11,598 residents, 4,874 households, a renter share of 32.6%, median household income of $63,643, and ACS 2023 median gross rent of $918. Vacancy is 12.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 59301?

ACS counts 79 units in 2-unit buildings, 238 in 3–4 unit buildings, 220 in 5–9, 154 in 10–19, and 181 in 20–49. Combined 2–49 unit stock is 872 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 59301?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,610. See the full schedule and 90–110% payment-standard band on the ZIP 59301 — Miles City, MT HUD Section 8 Payment Standards / SAFMR.

Does this Montana ZIP profile include Georgia listings?

No. ZIP 59301 is Census / HUD research for Rosebud 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.