Great Falls vs New York-Newark-Jersey City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Great Falls is 190% cheaper for renters. A 2-bedroom rents for $791/mo vs $2,293/mo in New York-Newark-Jersey City — saving $18,024/year.
Rent by Unit Size
| Unit Size | Great Falls | New York-Newark-Jersey City | Difference |
|---|---|---|---|
| Studio | $519 | $1,531 | $1,012 |
| 1 Bedroom | $625 | $1,813 | $1,188 |
| 2 Bedrooms | $791 | $2,293 | $1,502 |
| 3 Bedrooms | $997 | $2,674 | $1,677 |
| 4 Bedrooms | $1,047 | $3,167 | $2,120 |
| Median Income | $41,522 | $124,777 | $83,255 |
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
New York-Newark-Jersey City
- Studio
- $1,531/mo
- 1 BR
- $1,813/mo
- 2 BR
- $2,293/mo
- 3 BR
- $2,674/mo
- 4 BR
- $3,167/mo
- Median Income
- $124,777/yr
Frequently Asked Questions
Is Great Falls or New York-Newark-Jersey City cheaper to rent in?
Great Falls is cheaper — a 2-bedroom Fair Market Rent is $791/mo vs $2,293/mo in New York-Newark-Jersey City. That's $1,502/mo or $18,024/year more expensive in New York-Newark-Jersey City (190% higher).
What is the 2-bedroom rent in Great Falls vs New York-Newark-Jersey City?
The HUD Fair Market Rent for a 2-bedroom in Great Falls is $791/month. In New York-Newark-Jersey City, a 2-bedroom FMR is $2,293/month.
How do incomes compare between Great Falls and New York-Newark-Jersey City?
The median household income in Great Falls is $41,522/year. In New York-Newark-Jersey City it is $124,777/year. New York-Newark-Jersey City has the higher median income.
What is the studio rent in Great Falls vs New York-Newark-Jersey City?
A studio apartment Fair Market Rent in Great Falls is $519/mo. In New York-Newark-Jersey City it is $1,531/mo.