FairRentWize

Great Falls vs Lake Charles

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Lake Charles is 8% cheaper for renters. A 2-bedroom rents for $735/mo vs $791/mo in Great Falls — saving $672/year.

Rent by Unit Size

Unit SizeGreat FallsLake CharlesDifference
Studio$519$490$29
1 Bedroom$625$592$33
2 Bedrooms$791$735$56
3 Bedrooms$997$930$67
4 Bedrooms$1,047$984$63
Median Income$41,522$45,479$3,957

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
Full Great Falls profile →

Lake Charles

Studio
$490/mo
1 BR
$592/mo
2 BR
$735/mo
3 BR
$930/mo
4 BR
$984/mo
Median Income
$45,479/yr
Full Lake Charles profile →

Frequently Asked Questions

Is Great Falls or Lake Charles cheaper to rent in?
Lake Charles is cheaper — a 2-bedroom Fair Market Rent is $735/mo vs $791/mo in Great Falls. That's $56/mo or $672/year more expensive in Great Falls (8% higher).
What is the 2-bedroom rent in Great Falls vs Lake Charles?
The HUD Fair Market Rent for a 2-bedroom in Great Falls is $791/month. In Lake Charles, a 2-bedroom FMR is $735/month.
How do incomes compare between Great Falls and Lake Charles?
The median household income in Great Falls is $41,522/year. In Lake Charles it is $45,479/year. Lake Charles has the higher median income.
What is the studio rent in Great Falls vs Lake Charles?
A studio apartment Fair Market Rent in Great Falls is $519/mo. In Lake Charles it is $490/mo.