Great Falls vs Peoria
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Peoria is 7% cheaper for renters. A 2-bedroom rents for $736/mo vs $791/mo in Great Falls — saving $660/year.
Rent by Unit Size
| Unit Size | Great Falls | Peoria | Difference |
|---|---|---|---|
| Studio | $519 | $470 | $49 |
| 1 Bedroom | $625 | $596 | $29 |
| 2 Bedrooms | $791 | $736 | $55 |
| 3 Bedrooms | $997 | $870 | $127 |
| 4 Bedrooms | $1,047 | $1,074 | $27 |
| Median Income | $41,522 | $39,404 | $2,118 |
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
Peoria
- Studio
- $470/mo
- 1 BR
- $596/mo
- 2 BR
- $736/mo
- 3 BR
- $870/mo
- 4 BR
- $1,074/mo
- Median Income
- $39,404/yr
Frequently Asked Questions
Is Great Falls or Peoria cheaper to rent in?
Peoria is cheaper — a 2-bedroom Fair Market Rent is $736/mo vs $791/mo in Great Falls. That's $55/mo or $660/year more expensive in Great Falls (7% higher).
What is the 2-bedroom rent in Great Falls vs Peoria?
The HUD Fair Market Rent for a 2-bedroom in Great Falls is $791/month. In Peoria, a 2-bedroom FMR is $736/month.
How do incomes compare between Great Falls and Peoria?
The median household income in Great Falls is $41,522/year. In Peoria it is $39,404/year. Great Falls has the higher median income.
What is the studio rent in Great Falls vs Peoria?
A studio apartment Fair Market Rent in Great Falls is $519/mo. In Peoria it is $470/mo.