Chico vs Great Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Great Falls is 34% cheaper for renters. A 2-bedroom rents for $791/mo vs $1,059/mo in Chico — saving $3,216/year.
Rent by Unit Size
| Unit Size | Chico | Great Falls | Difference |
|---|---|---|---|
| Studio | $698 | $519 | $179 |
| 1 Bedroom | $859 | $625 | $234 |
| 2 Bedrooms | $1,059 | $791 | $268 |
| 3 Bedrooms | $1,354 | $997 | $357 |
| 4 Bedrooms | $1,491 | $1,047 | $444 |
| Median Income | $66,884 | $41,522 | $25,362 |
Chico
- Studio
- $698/mo
- 1 BR
- $859/mo
- 2 BR
- $1,059/mo
- 3 BR
- $1,354/mo
- 4 BR
- $1,491/mo
- Median Income
- $66,884/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 Chico or Great Falls cheaper to rent in?
Great Falls is cheaper — a 2-bedroom Fair Market Rent is $791/mo vs $1,059/mo in Chico. That's $268/mo or $3,216/year more expensive in Chico (34% higher).
What is the 2-bedroom rent in Chico vs Great Falls?
The HUD Fair Market Rent for a 2-bedroom in Chico is $1,059/month. In Great Falls, a 2-bedroom FMR is $791/month.
How do incomes compare between Chico and Great Falls?
The median household income in Chico is $66,884/year. In Great Falls it is $41,522/year. Chico has the higher median income.
What is the studio rent in Chico vs Great Falls?
A studio apartment Fair Market Rent in Chico is $698/mo. In Great Falls it is $519/mo.