Albany vs Great Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albany is 37% cheaper for renters. A 2-bedroom rents for $577/mo vs $791/mo in Great Falls — saving $2,568/year.
Rent by Unit Size
| Unit Size | Albany | Great Falls | Difference |
|---|---|---|---|
| Studio | $407 | $519 | $112 |
| 1 Bedroom | $488 | $625 | $137 |
| 2 Bedrooms | $577 | $791 | $214 |
| 3 Bedrooms | $748 | $997 | $249 |
| 4 Bedrooms | $841 | $1,047 | $206 |
| Median Income | $39,279 | $41,522 | $2,243 |
Albany
- Studio
- $407/mo
- 1 BR
- $488/mo
- 2 BR
- $577/mo
- 3 BR
- $748/mo
- 4 BR
- $841/mo
- Median Income
- $39,279/yr
Great Falls
- Studio
- $519/mo
- 1 BR
- $625/mo
- 2 BR
- $791/mo
- 3 BR
- $997/mo
- 4 BR
- $1,047/mo
- Median Income
- $41,522/yr
Frequently Asked Questions
Is Albany or Great Falls cheaper to rent in?
Albany is cheaper — a 2-bedroom Fair Market Rent is $577/mo vs $791/mo in Great Falls. That's $214/mo or $2,568/year more expensive in Great Falls (37% higher).
What is the 2-bedroom rent in Albany vs Great Falls?
The HUD Fair Market Rent for a 2-bedroom in Albany is $577/month. In Great Falls, a 2-bedroom FMR is $791/month.
How do incomes compare between Albany and Great Falls?
The median household income in Albany is $39,279/year. In Great Falls it is $41,522/year. Great Falls has the higher median income.
What is the studio rent in Albany vs Great Falls?
A studio apartment Fair Market Rent in Albany is $407/mo. In Great Falls it is $519/mo.