Great Falls vs Lynchburg
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lynchburg is 10% cheaper for renters. A 2-bedroom rents for $721/mo vs $791/mo in Great Falls — saving $840/year.
Rent by Unit Size
| Unit Size | Great Falls | Lynchburg | Difference |
|---|---|---|---|
| Studio | $519 | $494 | $25 |
| 1 Bedroom | $625 | $589 | $36 |
| 2 Bedrooms | $791 | $721 | $70 |
| 3 Bedrooms | $997 | $933 | $64 |
| 4 Bedrooms | $1,047 | $1,024 | $23 |
| Median Income | $41,522 | $37,857 | $3,665 |
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
Lynchburg
- Studio
- $494/mo
- 1 BR
- $589/mo
- 2 BR
- $721/mo
- 3 BR
- $933/mo
- 4 BR
- $1,024/mo
- Median Income
- $37,857/yr
Frequently Asked Questions
Is Great Falls or Lynchburg cheaper to rent in?
Lynchburg is cheaper — a 2-bedroom Fair Market Rent is $721/mo vs $791/mo in Great Falls. That's $70/mo or $840/year more expensive in Great Falls (10% higher).
What is the 2-bedroom rent in Great Falls vs Lynchburg?
The HUD Fair Market Rent for a 2-bedroom in Great Falls is $791/month. In Lynchburg, a 2-bedroom FMR is $721/month.
How do incomes compare between Great Falls and Lynchburg?
The median household income in Great Falls is $41,522/year. In Lynchburg it is $37,857/year. Great Falls has the higher median income.
What is the studio rent in Great Falls vs Lynchburg?
A studio apartment Fair Market Rent in Great Falls is $519/mo. In Lynchburg it is $494/mo.