Housing market/Montana/ZIP 59487

ACS 2023 · FY2027 SAFMR

ZIP 59487 Vaughn, Teton County, Montana

Teton 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
1,466
Households
579
Median HH income
$53,894
Renter share
15.2%
Median gross rent
$891
Vacancy
14.0%
Pop. change
+12.9%
2BR SAFMR
$1,260
SAFMR / rent
1.414×
2–49 unit stock
—
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 59487 · MT — sent to you.

ZIP 59487 · MT

ACS median rent$891
2BR SAFMR$1,260
90% floor$1,134
110% ceiling$1,386

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

Housing stock

ACS 2023 units-in-structure · ZCTA 59487

  • 1-unit detached45767.9%
  • 1-unit attached81.2%
  • Mobile20830.9%
TypeUnitsShare
1-unit detached45767.9%
1-unit attached81.2%
2 units (duplex)00.0%
3–4 units00.0%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile20830.9%

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

Units by bedrooms

Studio
0
1BR
45
2BR
134
3BR
354
4BR
110
5+
30

Rent burden

Rent ≥30% of income65.9%
Rent ≥50% of income63.6%
  • ACS median gross rent $891 (all bedrooms, occupied rentals).
  • Median contract rent $759.
  • Renters paying ≥30% of income 65.9%; ≥50% 63.6%.
  • FY2027 2BR SAFMR $1,260 (1.414× ACS median gross rent).

Population

1,466 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +12.9%.

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 74 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 59487 15.2% of occupied households are renters; vacancy is 14.0%; ACS median gross rent is $891; population increased +12.9% between the 2018 and 2023 ACS vintages; the housing stock includes 0 units in 2–4-unit structures and 0 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,260 versus ACS median gross rent of $891. 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 59487 is a Census / HUD profile for Teton 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 59487?

ZIP 59487 (Teton County, MT) has 1,466 residents, 579 households, a renter share of 15.2%, median household income of $53,894, and ACS 2023 median gross rent of $891. Vacancy is 14.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 59487?

ACS counts 0 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 — units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 59487?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,260. See the full schedule and 90–110% payment-standard band on the ZIP 59487 — Vaughn, MT HUD Section 8 Payment Standards / SAFMR.

Does this Montana ZIP profile include Georgia listings?

No. ZIP 59487 is Census / HUD research for Teton 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.