Missoula vs Reno
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Missoula is 12% cheaper for renters. A 2-bedroom rents for $1,081/mo vs $1,208/mo in Reno — saving $1,524/year.
Rent by Unit Size
| Unit Size | Missoula | Reno | Difference |
|---|---|---|---|
| Studio | $762 | $773 | $11 |
| 1 Bedroom | $909 | $946 | $37 |
| 2 Bedrooms | $1,081 | $1,208 | $127 |
| 3 Bedrooms | $1,423 | $1,422 | $1 |
| 4 Bedrooms | $1,651 | $1,636 | $15 |
| Median Income | $73,596 | $59,858 | $13,738 |
Missoula
- Studio
- $762/mo
- 1 BR
- $909/mo
- 2 BR
- $1,081/mo
- 3 BR
- $1,423/mo
- 4 BR
- $1,651/mo
- Median Income
- $73,596/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 Missoula or Reno cheaper to rent in?
Missoula is cheaper — a 2-bedroom Fair Market Rent is $1,081/mo vs $1,208/mo in Reno. That's $127/mo or $1,524/year more expensive in Reno (12% higher).
What is the 2-bedroom rent in Missoula vs Reno?
The HUD Fair Market Rent for a 2-bedroom in Missoula is $1,081/month. In Reno, a 2-bedroom FMR is $1,208/month.
How do incomes compare between Missoula and Reno?
The median household income in Missoula is $73,596/year. In Reno it is $59,858/year. Missoula has the higher median income.
What is the studio rent in Missoula vs Reno?
A studio apartment Fair Market Rent in Missoula is $762/mo. In Reno it is $773/mo.