Albuquerque vs Great Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Great Falls is 21% cheaper for renters. A 2-bedroom rents for $791/mo vs $958/mo in Albuquerque — saving $2,004/year.
Rent by Unit Size
| Unit Size | Albuquerque | Great Falls | Difference |
|---|---|---|---|
| Studio | $647 | $519 | $128 |
| 1 Bedroom | $793 | $625 | $168 |
| 2 Bedrooms | $958 | $791 | $167 |
| 3 Bedrooms | $1,161 | $997 | $164 |
| 4 Bedrooms | $1,339 | $1,047 | $292 |
| Median Income | $49,585 | $41,522 | $8,063 |
Albuquerque
- Studio
- $647/mo
- 1 BR
- $793/mo
- 2 BR
- $958/mo
- 3 BR
- $1,161/mo
- 4 BR
- $1,339/mo
- Median Income
- $49,585/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 Albuquerque or Great Falls cheaper to rent in?
Great Falls is cheaper — a 2-bedroom Fair Market Rent is $791/mo vs $958/mo in Albuquerque. That's $167/mo or $2,004/year more expensive in Albuquerque (21% higher).
What is the 2-bedroom rent in Albuquerque vs Great Falls?
The HUD Fair Market Rent for a 2-bedroom in Albuquerque is $958/month. In Great Falls, a 2-bedroom FMR is $791/month.
How do incomes compare between Albuquerque and Great Falls?
The median household income in Albuquerque is $49,585/year. In Great Falls it is $41,522/year. Albuquerque has the higher median income.
What is the studio rent in Albuquerque vs Great Falls?
A studio apartment Fair Market Rent in Albuquerque is $647/mo. In Great Falls it is $519/mo.