Great Falls vs San Luis Obispo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Great Falls is 105% cheaper for renters. A 2-bedroom rents for $791/mo vs $1,623/mo in San Luis Obispo — saving $9,984/year.
Rent by Unit Size
| Unit Size | Great Falls | San Luis Obispo | Difference |
|---|---|---|---|
| Studio | $519 | $1,065 | $546 |
| 1 Bedroom | $625 | $1,360 | $735 |
| 2 Bedrooms | $791 | $1,623 | $832 |
| 3 Bedrooms | $997 | $2,039 | $1,042 |
| 4 Bedrooms | $1,047 | $2,372 | $1,325 |
| Median Income | $41,522 | $94,761 | $53,239 |
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
San Luis Obispo
- Studio
- $1,065/mo
- 1 BR
- $1,360/mo
- 2 BR
- $1,623/mo
- 3 BR
- $2,039/mo
- 4 BR
- $2,372/mo
- Median Income
- $94,761/yr
Frequently Asked Questions
Is Great Falls or San Luis Obispo cheaper to rent in?
Great Falls is cheaper — a 2-bedroom Fair Market Rent is $791/mo vs $1,623/mo in San Luis Obispo. That's $832/mo or $9,984/year more expensive in San Luis Obispo (105% higher).
What is the 2-bedroom rent in Great Falls vs San Luis Obispo?
The HUD Fair Market Rent for a 2-bedroom in Great Falls is $791/month. In San Luis Obispo, a 2-bedroom FMR is $1,623/month.
How do incomes compare between Great Falls and San Luis Obispo?
The median household income in Great Falls is $41,522/year. In San Luis Obispo it is $94,761/year. San Luis Obispo has the higher median income.
What is the studio rent in Great Falls vs San Luis Obispo?
A studio apartment Fair Market Rent in Great Falls is $519/mo. In San Luis Obispo it is $1,065/mo.