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RentData.org Logo Great Falls Fair Market Rent FY 2022 Great Falls, MT MSA Rental Data

Fair Market Rent Prices in Great Falls, MT :
$638 $652 $849 $1,190 $1,393
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Great Falls are high compared to the national average. This FMR area is more expensive than 75% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Great Falls is $849 per month.

The previous year, rent for a two-bedroom home was $808 per month. This is a 5.07% increase year-over-year.

This FMR rate applies to Malmstrom A F B, MT, Stockett, MT, Simms, MT, Floweree, MT, Monarch, MT, Neihart, MT, Power, MT, Fort Shaw, MT, Sun River, MT, Sand Coulee, MT and other cities within the region. The Metro Code or CBSA code for this region is METRO24500M24500.

Additionally, This Fair Market Rent (FMR) area Great Falls, MT MSA spans one county or city in Montana which is listed in the table below. Estimated population of Great Falls, MT MSA FMR area is 81,815 people based on latest Census data.

Compared to the rest of Montana, the Great Falls FMR area is more expensive than 83% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Great Falls. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Great Falls

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 679
1-BR 1-Bedroom $ 694
2-BR 2-Bedroom $ 903
3-BR 3-Bedroom $ 1266
4-BR 4-Bedroom $ 1482
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Great Falls, MT MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Great Falls.

County / Region Est. Population
Great Falls, MT Metro 81,815
Zip Codes in Great Falls, MT MSA

There are 21 unique zip codes in this Fair Market Rent (FMR) area:

59401, 59402, 59403, 59404, 59405, 59406, 59412, 59414, 59421, 59436, 59440, 59443, 59463, 59465, 59468, 59472, 59477, 59480, 59483, 59485 and 59487

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What's Next?

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