Great Falls vs Laredo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Laredo is 13% cheaper for renters. A 2-bedroom rents for $698/mo vs $791/mo in Great Falls — saving $1,116/year.
Rent by Unit Size
| Unit Size | Great Falls | Laredo | Difference |
|---|---|---|---|
| Studio | $519 | $463 | $56 |
| 1 Bedroom | $625 | $552 | $73 |
| 2 Bedrooms | $791 | $698 | $93 |
| 3 Bedrooms | $997 | $851 | $146 |
| 4 Bedrooms | $1,047 | $966 | $81 |
| Median Income | $41,522 | $40,343 | $1,179 |
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
Laredo
- Studio
- $463/mo
- 1 BR
- $552/mo
- 2 BR
- $698/mo
- 3 BR
- $851/mo
- 4 BR
- $966/mo
- Median Income
- $40,343/yr
Frequently Asked Questions
Is Great Falls or Laredo cheaper to rent in?
Laredo is cheaper — a 2-bedroom Fair Market Rent is $698/mo vs $791/mo in Great Falls. That's $93/mo or $1,116/year more expensive in Great Falls (13% higher).
What is the 2-bedroom rent in Great Falls vs Laredo?
The HUD Fair Market Rent for a 2-bedroom in Great Falls is $791/month. In Laredo, a 2-bedroom FMR is $698/month.
How do incomes compare between Great Falls and Laredo?
The median household income in Great Falls is $41,522/year. In Laredo it is $40,343/year. Great Falls has the higher median income.
What is the studio rent in Great Falls vs Laredo?
A studio apartment Fair Market Rent in Great Falls is $519/mo. In Laredo it is $463/mo.