Great Falls vs Raleigh-Cary
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Great Falls is 39% cheaper for renters. A 2-bedroom rents for $791/mo vs $1,097/mo in Raleigh-Cary — saving $3,672/year.
Rent by Unit Size
| Unit Size | Great Falls | Raleigh-Cary | Difference |
|---|---|---|---|
| Studio | $519 | $760 | $241 |
| 1 Bedroom | $625 | $928 | $303 |
| 2 Bedrooms | $791 | $1,097 | $306 |
| 3 Bedrooms | $997 | $1,435 | $438 |
| 4 Bedrooms | $1,047 | $1,556 | $509 |
| Median Income | $41,522 | $70,678 | $29,156 |
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
Raleigh-Cary
- Studio
- $760/mo
- 1 BR
- $928/mo
- 2 BR
- $1,097/mo
- 3 BR
- $1,435/mo
- 4 BR
- $1,556/mo
- Median Income
- $70,678/yr
Frequently Asked Questions
Is Great Falls or Raleigh-Cary cheaper to rent in?
Great Falls is cheaper — a 2-bedroom Fair Market Rent is $791/mo vs $1,097/mo in Raleigh-Cary. That's $306/mo or $3,672/year more expensive in Raleigh-Cary (39% higher).
What is the 2-bedroom rent in Great Falls vs Raleigh-Cary?
The HUD Fair Market Rent for a 2-bedroom in Great Falls is $791/month. In Raleigh-Cary, a 2-bedroom FMR is $1,097/month.
How do incomes compare between Great Falls and Raleigh-Cary?
The median household income in Great Falls is $41,522/year. In Raleigh-Cary it is $70,678/year. Raleigh-Cary has the higher median income.
What is the studio rent in Great Falls vs Raleigh-Cary?
A studio apartment Fair Market Rent in Great Falls is $519/mo. In Raleigh-Cary it is $760/mo.