Great Falls vs Reno
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Great Falls is 53% cheaper for renters. A 2-bedroom rents for $791/mo vs $1,208/mo in Reno — saving $5,004/year.
Rent by Unit Size
| Unit Size | Great Falls | Reno | Difference |
|---|---|---|---|
| Studio | $519 | $773 | $254 |
| 1 Bedroom | $625 | $946 | $321 |
| 2 Bedrooms | $791 | $1,208 | $417 |
| 3 Bedrooms | $997 | $1,422 | $425 |
| 4 Bedrooms | $1,047 | $1,636 | $589 |
| Median Income | $41,522 | $59,858 | $18,336 |
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
Reno
- Studio
- $773/mo
- 1 BR
- $946/mo
- 2 BR
- $1,208/mo
- 3 BR
- $1,422/mo
- 4 BR
- $1,636/mo
- Median Income
- $59,858/yr
Frequently Asked Questions
Is Great Falls or Reno cheaper to rent in?
Great Falls is cheaper — a 2-bedroom Fair Market Rent is $791/mo vs $1,208/mo in Reno. That's $417/mo or $5,004/year more expensive in Reno (53% higher).
What is the 2-bedroom rent in Great Falls vs Reno?
The HUD Fair Market Rent for a 2-bedroom in Great Falls is $791/month. In Reno, a 2-bedroom FMR is $1,208/month.
How do incomes compare between Great Falls and Reno?
The median household income in Great Falls is $41,522/year. In Reno it is $59,858/year. Reno has the higher median income.
What is the studio rent in Great Falls vs Reno?
A studio apartment Fair Market Rent in Great Falls is $519/mo. In Reno it is $773/mo.