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Rental Market Trends in Great Falls, MT

What is the average rent in Great Falls, MT?

$1,049/month

Average Rent

657 Sq Ft

Average Apartment Size

+2.8%

Increase in the Last Year

As of May 2025, the average rent in Great Falls, MT is $1,049 per month. This is 36% lower than the national average rent of $1,627/month, making renting in Great Falls more affordable than most cities in the US. When you rent an apartment in Great Falls, you can expect to pay about $1,098 per month for a studio, $1,049 for a one-bedroom apartment, and around $1,550 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,042 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,098/month
554 Sq Ft
One Bedroom
$1,049/month
657 Sq Ft
Two Bedroom
$1,550/month
868 Sq Ft
Three Bedroom
$1,042/month
995 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,853/month
716 Sq Ft
Four Bedroom
$2,694/month
2,184 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,796/month
781 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Great Falls, MT?

In the past year, rent has increased by 2.8%, which averages out to $29 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated May 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Great Falls, MT
Last Updated May 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Great Falls, MT
Percentage*
Rent Range
29% Below $700/month
46% $700 - $1,000/month
7% $1,001 - $1,500/month
14% $1,501 - $2,000/month
4% Above $2,000/month

What salary do I need to live comfortably in Great Falls, MT?

Because the average rent in Great Falls is $1,049, you’ll want to make about $3,496 per month or $41,952 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Great Falls, MT is 12.7% lower than the national average. Generally, housing in Great Falls is 29.6% less expensive than the national average, with rent falling between $1,042 - $1,550. You can expect to pay 0.2% less for groceries, 11.6% less for utilities, and 2.4% more for transportation.

City

Great Falls, MT

146 Available Apartments for Rent

Search for Nearby Apartments

How does Great Falls, MT compare to other nearby cities and neighborhoods?

Use the tool below to compare Great Falls, MT to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Apartment communities in Great Falls we think you'll love

Talus Apartment Homes

Talus Apartment Homes

2100 26th St S,
Great Falls, MT 59405

Studio - 2 Beds | $1,235 - $1,820

Furnished Studio-Great Falls - Missouri River

Furnished Studio-Great Falls - Missouri River

800 River Dr S,
Great Falls, MT 59405

Studio | $1,919

Arc

Arc

1800 Division Rd,
Great Falls, MT 59404

Studio - 2 Beds | $1,240 - $1,850

The Aurora

The Aurora

2829 18th Ave S,
Great Falls, MT 59405

Studio - 2 Beds | $1,475 - $2,180

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United States Montana Great Falls Rental Trends

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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity