FairRentWize

Great Falls Fair Market Rent 2026

HUD Fair Market Rent data for the Great Falls metropolitan area. Median household income: $41,522/year. Vacancy rate: 6.6%.

2BR FMR

$791/mo

Median Income

$41,522

Vacancy Rate

6.6%

Rent Burden

22.9%

Fair Market Rent by Bedroom Size

Studio$519/mo
1 Bedroom$625/mo
2 Bedroom$791/mo
3 Bedroom$997/mo
4 Bedroom$1,047/mo

Affordability Analysis

Based on the 30% rule, a household earning the median income of $41,522/year can afford up to $1,038/mo in rent.

The 2BR FMR of $791/mo represents 22.9% of median income, which is within the 30% affordability threshold.

Rental Market Conditions

The vacancy rate of 6.6% in Great Falls indicates a moderate rental market. A balanced market with reasonable availability for renters.

Frequently Asked Questions

What is the average rent in Great Falls?

The 2026 HUD FMR for a 2-bedroom in the Great Falls metro area is $791/month. 1BR: $625, 3BR: $997.

What is the vacancy rate in Great Falls?

The rental vacancy rate in Great Falls is 6.6%. A rate below 5% typically indicates a tight rental market.

Is Great Falls affordable for renters?

With a median income of $41,522 and 2BR rent at $791/mo, rent takes about 23% of income in Great Falls.

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