How much does it cost to rent in Great Falls, MT?

As of July 2026, the median monthly rent in Great Falls, MT is $1,367. This figure is based on aggregated data from public sources and community-submitted rents.

Is Great Falls cheaper than other Montana cities?

Great Falls is among the more affordable cities in Montana, ranking #8 out of 11 cities at $1,367/mo.

When was Great Falls rent data last updated?

Great Falls rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · MT

Great Falls

Name: Average Rent Prices in Great Falls, MT
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 60,329·8th most expensive in Montana·One of the most affordable rental markets in the US

Median rent (all units)

$1,367/mo

Year-over-Year

+4.0%

Month-over-Month

-2.1%

vs US Median

-$598

Falling (Monthly)

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Most AffordableMost Expensive

Great Falls · $1,367

More affordable than 84% of US cities · National median $1,965/mo

Rent Reality Score

59/100

Fairly priced

OverheatedFairGreat value

Rents are 5% below what Great Falls's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$1,367/mo

Expected by trend

$1,432/mo

The Rent Reality Score compares today's median rent to where Great Falls's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$883

1 BR

$927

2 BR

$1,217

3 BR

$1,707

4 BR+

$1,933

Research median

$1,217/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$16,404/yr

At $1,367/mo median

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+4.0% YoY, -2.1% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Great Falls, MT is majority owner-occupied, has a median income below the national average, 27.8% of residents hold a bachelor's degree or higher.

Population

60,329

Median income

$63,373

Median age

Renters

33.9%

Age distribution

21.4%

23.2%

12.2%

20%

Under 1821.4%

18–3423.2%

35–5423.2%

55–6412.2%

65+20%

Gender

49.7%

50.3%

Male49.7%

Female50.3%

Race & ethnicity

84%

White84%

Black1%

Hispanic5.1%

Asian1%

Other8.9%

Education (25+)

32.9%

34.1%

27.8%

No HS diploma5.3%

HS diploma32.9%

Some college34.1%

Bachelor's+27.8%

Housing tenure

66.1%

33.9%

Owner66.1%

Renter33.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Great Falls, MT has changed in 5 years

Rent

$891 → $1,367

up 53.4%

Income

$53,126 → $63,373

up 19.3%

Population

60,381 → 60,329

down 0.1%

Renter share

34.8% → 33.9%

-0.9 pts

Bachelor's+

27.2% → 27.8%

+0.6 pts

Five years ago, renters in Great Falls, MT paid around $891 a month. That figure now sits near $1,367, up 53.4% from the 2021 baseline. Household income in the area moved from $53,126 to $63,373 across the same window, up 19.3% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Reading these numbers side by side helps frame whether current listings in Great Falls, MT look reasonable against where the market sat half a decade ago.

Community

Discussions about Great Falls

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View Great Falls rent history (2015–2026) →

Salary vs rent

Can you afford rent in Great Falls on your salary?

At $1,367/mo, how Great Falls rent compares to typical pay (30% rule).

Registered Nurse

Avg $83,142/yr · Rent = 19.7% income

very comfortable

Elementary School Teacher

Avg $59,030/yr · Rent = 27.8% income

affordable

Police Officer

Avg $67,998/yr · Rent = 24.1% income

affordable

Software Developer

Avg $121,537/yr · Rent = 13.5% income

very comfortable

Lawyer

Avg $155,294/yr · Rent = 10.6% income

very comfortable

Firefighter

Avg $55,273/yr · Rent = 29.7% income

affordable

Truck Driver

Avg $49,905/yr · Rent = 32.9% income

stretched

Electrician

Avg $61,512/yr · Rent = 26.7% income

affordable

By apartment size

Great Falls rent by bedroom count

Median rent for each apartment size in Great Falls. Click any size for full breakdown.

Local insights

Tips for renters in Great Falls

About renting in Great Falls, MT

Last updated: July 20, 2026

The median rent in Great Falls is $1,367/mo as of July 2026. A studio apartment averages $883/mo while a 2-bedroom runs $1,217/mo. One-bedroom apartments average $927/mo and 3-bedroom units go for $1,707/mo.

At 26% of local median household income ($63,373/yr), Great Falls ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.0% over the past year.

FAQ

Frequently asked questions

Is Great Falls an affordable city for renters?

Great Falls is considered affordable for renters. At $1,367/mo, rent takes approximately 26% of the local median household income ($63,373/yr). The standard benchmark is 30%. Great Falls falls comfortably within that range.

How much income do you need to rent in Great Falls?

To keep rent at or below 30% of gross income, you would need to earn at least $55,000/year (~$26/hour full-time) to afford the median rent of $1,367/mo in Great Falls. The local median household income is $63,373/yr, meaning the typical Great Falls household meets that threshold.

Is rent going up or down in Great Falls?

Rent in Great Falls has increased 4.0% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Great Falls neighborhoods have the lowest rent?

The most affordable ZIP codes in Great Falls are 59401 ($1,147/mo), 59405 ($1,397/mo), and 59404 ($1,511/mo). Citywide, the median rent in Great Falls is $1,367/mo.

How does Great Falls rent compare to other cities in Montana?

Great Falls is one of the more affordable cities in Montana for rent, ranking #8 out of 11 tracked cities at $1,367/mo.

What percentage of Great Falls residents rent vs. own?

According to Census data, approximately 33.9% of Great Falls households are renters, while 66.1% are owner-occupied. Great Falls leans toward homeownership, which can mean a smaller rental inventory.

How does Great Falls rent compare to the national average?

Great Falls's median rent of $1,367/mo is $598 (30%) below the US national median of $1,965/mo. Within Montana, it ranks #8 out of 11 tracked cities.

Income Affordability

26%

AFFORDABLE

At $1,367/mo, rent takes ~26% of Great Falls's median household income ($63,373/yr). The standard benchmark is 30%.

Great Falls 26%Benchmark 30%

State income tax4.7%

Run the Great Falls affordability calculator →

Nearby cities

Helena

$1,663/mo

+$296

Lowest-rent ZIP codes in Great Falls