Great Falls

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Great Falls, MT Area Guide

Great Falls, Montana combines city living with stunning natural surroundings along the Missouri River. Known as the "Electric City," Great Falls offers housing options ranging from historic homes in established neighborhoods to residential communities near Malmstrom Air Force Base. Current rent trends show one-bedroom apartments averaging $1,043 monthly and two-bedrooms at $1,549, reflecting year-over-year increases of 4.5% and 8.7% respectively. The rental market here remains more affordable compared to other Montana cities.

The River's Edge Trail system winds through the city, connecting residents to the five waterfalls that inspired the city's name. Cultural attractions include the C.M. Russell Museum, showcasing Western art and local history. Downtown Great Falls is home to the Sip 'n Dip Lounge, a tiki bar recognized internationally by GQ magazine. Malmstrom Air Force Base and the Montana Air National Guard contribute significantly to the local community. Residents have access to higher education through Great Falls College Montana State University and the University of Providence. As a regional medical center, Great Falls provides comprehensive healthcare services. The city's location between Glacier and Yellowstone National Parks makes it an excellent starting point for exploring Montana's outdoor attractions.

Rent Trends

As of March 2026, the average apartment rent in Great Falls, MT is $1,211 for a studio, $1,081 for one bedroom, $1,538 for two bedrooms, and $1,048 for three bedrooms. Apartment rent in Great Falls has increased by 3.2% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,081/month
654 Sq Ft
House
$2,140/month
1,345 Sq Ft
Condo
$1,685/month
685 Sq Ft
See Rental Market Trends in Great Falls, MT

Cost of Living

The cost of living in Great Falls, MT is 3.6% lower than the national average. Generally, housing in Great Falls is 4.0% less expensive than the national average, with rent falling between $1,048 - $1,538. You can expect to pay 0.2% more for groceries, 19.1% less for utilities, and 6.5% less for transportation.

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Getting Around

Explore how walkable, bikeable, drivable, and transit-friendly Great Falls, MT is for everyday living.

Moderately walkable

Walkability

60 / 100

Very drivable

Drivability

80 / 100

Moderately bikeable

Bikeability

60 / 100

Schools

Meadow Lark School

Public

Grades PK-5

Chief Joseph School

Public

Grades PK-5

Sacajawea School

Public

Grades PK-5

Riverview School

Public

Grades PK-5

Mountain View School

Public

Grades PK-5

East Middle School

Public

Grades 6-8

North Middle School

Public

Grades 6-8

C M Russell High School

Public

Grades 9-12

Great Falls High School

Public

Grades 9-12

Points of Interest

Parks and Recreation

  • Children's Museum of Montana
  • Lewis and Clark National Forest
  • Lewis and Clark Interpretive Center
  • Smith River State Park
  • Benton Lake Wetland Management District

Airports

  • Great Falls International

Top Apartments in Great Falls

Houses for Rent in Great Falls

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.