Great Falls vs Lexington-Fayette
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Great Falls is 15% cheaper for renters. A 2-bedroom rents for $791/mo vs $913/mo in Lexington-Fayette — saving $1,464/year.
Rent by Unit Size
| Unit Size | Great Falls | Lexington-Fayette | Difference |
|---|---|---|---|
| Studio | $519 | $595 | $76 |
| 1 Bedroom | $625 | $719 | $94 |
| 2 Bedrooms | $791 | $913 | $122 |
| 3 Bedrooms | $997 | $1,047 | $50 |
| 4 Bedrooms | $1,047 | $1,300 | $253 |
| Median Income | $41,522 | $47,838 | $6,316 |
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
Lexington-Fayette
- Studio
- $595/mo
- 1 BR
- $719/mo
- 2 BR
- $913/mo
- 3 BR
- $1,047/mo
- 4 BR
- $1,300/mo
- Median Income
- $47,838/yr
Frequently Asked Questions
Is Great Falls or Lexington-Fayette cheaper to rent in?
Great Falls is cheaper — a 2-bedroom Fair Market Rent is $791/mo vs $913/mo in Lexington-Fayette. That's $122/mo or $1,464/year more expensive in Lexington-Fayette (15% higher).
What is the 2-bedroom rent in Great Falls vs Lexington-Fayette?
The HUD Fair Market Rent for a 2-bedroom in Great Falls is $791/month. In Lexington-Fayette, a 2-bedroom FMR is $913/month.
How do incomes compare between Great Falls and Lexington-Fayette?
The median household income in Great Falls is $41,522/year. In Lexington-Fayette it is $47,838/year. Lexington-Fayette has the higher median income.
What is the studio rent in Great Falls vs Lexington-Fayette?
A studio apartment Fair Market Rent in Great Falls is $519/mo. In Lexington-Fayette it is $595/mo.