Asheville vs Great Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Great Falls is 40% cheaper for renters. A 2-bedroom rents for $791/mo vs $1,106/mo in Asheville — saving $3,780/year.
Rent by Unit Size
| Unit Size | Asheville | Great Falls | Difference |
|---|---|---|---|
| Studio | $689 | $519 | $170 |
| 1 Bedroom | $875 | $625 | $250 |
| 2 Bedrooms | $1,106 | $791 | $315 |
| 3 Bedrooms | $1,316 | $997 | $319 |
| 4 Bedrooms | $1,577 | $1,047 | $530 |
| Median Income | $64,400 | $41,522 | $22,878 |
Asheville
- Studio
- $689/mo
- 1 BR
- $875/mo
- 2 BR
- $1,106/mo
- 3 BR
- $1,316/mo
- 4 BR
- $1,577/mo
- Median Income
- $64,400/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 Asheville or Great Falls cheaper to rent in?
Great Falls is cheaper — a 2-bedroom Fair Market Rent is $791/mo vs $1,106/mo in Asheville. That's $315/mo or $3,780/year more expensive in Asheville (40% higher).
What is the 2-bedroom rent in Asheville vs Great Falls?
The HUD Fair Market Rent for a 2-bedroom in Asheville is $1,106/month. In Great Falls, a 2-bedroom FMR is $791/month.
How do incomes compare between Asheville and Great Falls?
The median household income in Asheville is $64,400/year. In Great Falls it is $41,522/year. Asheville has the higher median income.
What is the studio rent in Asheville vs Great Falls?
A studio apartment Fair Market Rent in Asheville is $689/mo. In Great Falls it is $519/mo.