Great Falls vs Toledo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Toledo is 3% cheaper for renters. A 2-bedroom rents for $769/mo vs $791/mo in Great Falls — saving $264/year.
Rent by Unit Size
| Unit Size | Great Falls | Toledo | Difference |
|---|---|---|---|
| Studio | $519 | $521 | $2 |
| 1 Bedroom | $625 | $622 | $3 |
| 2 Bedrooms | $791 | $769 | $22 |
| 3 Bedrooms | $997 | $990 | $7 |
| 4 Bedrooms | $1,047 | $1,150 | $103 |
| Median Income | $41,522 | $44,170 | $2,648 |
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
Toledo
- Studio
- $521/mo
- 1 BR
- $622/mo
- 2 BR
- $769/mo
- 3 BR
- $990/mo
- 4 BR
- $1,150/mo
- Median Income
- $44,170/yr
Frequently Asked Questions
Is Great Falls or Toledo cheaper to rent in?
Toledo is cheaper — a 2-bedroom Fair Market Rent is $769/mo vs $791/mo in Great Falls. That's $22/mo or $264/year more expensive in Great Falls (3% higher).
What is the 2-bedroom rent in Great Falls vs Toledo?
The HUD Fair Market Rent for a 2-bedroom in Great Falls is $791/month. In Toledo, a 2-bedroom FMR is $769/month.
How do incomes compare between Great Falls and Toledo?
The median household income in Great Falls is $41,522/year. In Toledo it is $44,170/year. Toledo has the higher median income.
What is the studio rent in Great Falls vs Toledo?
A studio apartment Fair Market Rent in Great Falls is $519/mo. In Toledo it is $521/mo.