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Rental Market Trends in Great Falls, MT

What is the average rent in Great Falls, MT?

$1,090/month

Average Rent

650 Sq Ft

Average Apartment Size

-1.5%

Decrease in the Last Year

Great Falls, MT Rental Market Overview

The average rent in Great Falls, MT is $1,090 per month. This is 34% lower than the national average rent of $1,661/month, making renting in Great Falls more affordable than most cities in the US.

  • Studio apartments in Great Falls average $1,284 per month.
  • One-bedroom apartments in Great Falls average $1,090 per month.
  • Two-bedroom apartments in Great Falls average $1,581 per month.
  • Three-bedroom apartments in Great Falls average $1,050 or more per month.

Data Updated: July 1, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,284/month
581 Sq Ft
One Bedroom
$1,090/month
650 Sq Ft
Two Bedroom
$1,581/month
868 Sq Ft
Three Bedroom
$1,050/month
995 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,305/month
580 Sq Ft
Three Bedroom
$2,028/month
1,138 Sq Ft
Four Bedroom
$2,750/month
2,254 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,509/month
583 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 decreased by 1.5%, which averages out to $16 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Great Falls, MT
Last Updated July 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Great Falls, MT
Percentage*
Rent Range
21% Below $700/month
52% $700 - $1,000/month
10% $1,001 - $1,500/month
10% $1,501 - $2,000/month
7% Above $2,000/month

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

Because the average rent in Great Falls is $1,090, you’ll want to make about $3,633 per month or $43,596 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 2.9% lower than the national average. Generally, housing in Great Falls is 2.5% less expensive than the national average, with rent falling between $1,050 - $1,581. You can expect to pay 0.2% more for groceries, 19.6% less for utilities, and 6.2% less for transportation.

City

Great Falls, MT

78 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.

Explore the Area Guide for Great Falls, MT

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 | $1,302 - $1,887

Aurora Apartment Homes

Aurora Apartment Homes

2829 18th Ave S,
Great Falls, MT 59405

Studio - 2 Beds | $2,099 - $2,249

Vista Villa/River Run

Vista Villa/River Run

715 3rd Ave NW,
Great Falls, MT 59404

1-2 Beds | $942 - $1,102

Furnished Studio-Great Falls - Missouri River

Furnished Studio-Great Falls - Missouri River

800 River Dr S,
Great Falls, MT 59405

Studio | $2,848

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Frequently Asked Questions

What is the average rent in Great Falls?

The average rent in Great Falls is $1,090 per month, which is 34.4% lower than the national average of $1,661.

What is the average rent for a house in Great Falls?

The average rent for a house in Great Falls, MT is $2,028 per month.

Are rents going up or down in Great Falls?

Rents in Great Falls, MT are decreasing, with prices down 1.5% year-over-year and $16 less per month.

What rent range is most common in Great Falls?

In Great Falls, MT, 52% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

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 June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity