Colorado Springs vs Great Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Great Falls is 44% cheaper for renters. A 2-bedroom rents for $791/mo vs $1,142/mo in Colorado Springs — saving $4,212/year.
Rent by Unit Size
| Unit Size | Colorado Springs | Great Falls | Difference |
|---|---|---|---|
| Studio | $778 | $519 | $259 |
| 1 Bedroom | $959 | $625 | $334 |
| 2 Bedrooms | $1,142 | $791 | $351 |
| 3 Bedrooms | $1,510 | $997 | $513 |
| 4 Bedrooms | $1,677 | $1,047 | $630 |
| Median Income | $70,288 | $41,522 | $28,766 |
Colorado Springs
- Studio
- $778/mo
- 1 BR
- $959/mo
- 2 BR
- $1,142/mo
- 3 BR
- $1,510/mo
- 4 BR
- $1,677/mo
- Median Income
- $70,288/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 Colorado Springs or Great Falls cheaper to rent in?
Great Falls is cheaper — a 2-bedroom Fair Market Rent is $791/mo vs $1,142/mo in Colorado Springs. That's $351/mo or $4,212/year more expensive in Colorado Springs (44% higher).
What is the 2-bedroom rent in Colorado Springs vs Great Falls?
The HUD Fair Market Rent for a 2-bedroom in Colorado Springs is $1,142/month. In Great Falls, a 2-bedroom FMR is $791/month.
How do incomes compare between Colorado Springs and Great Falls?
The median household income in Colorado Springs is $70,288/year. In Great Falls it is $41,522/year. Colorado Springs has the higher median income.
What is the studio rent in Colorado Springs vs Great Falls?
A studio apartment Fair Market Rent in Colorado Springs is $778/mo. In Great Falls it is $519/mo.