Rent comparison · HUD FY2026
Great Falls, MT MSA vs Billings, MT HUD Metro FMR Area
How do Great Falls, MT MSA and Billings, MT HUD Metro FMR Area rents compare? A side-by-side FY 2026 HUD Fair Market Rent breakdown, studio through 4-bedroom.
- $979
- Great Falls, MT MSA (1BR)
- $1,109
- Billings, MT HUD Metro FMR Area (1BR)
- −12%
- 1BR difference
Side-by-side FY 2026 HUD Fair Market Rent comparison. Data from U.S. Department of Housing and Urban Development (HUD).
A 1-bedroom in Great Falls, MT MSA is 12% cheaper than Billings, MT HUD Metro FMR Area at the HUD Fair Market Rent level ($979 vs $1,109). Both figures are the 40th percentile of gross rents (utilities included, telephone excluded) set by HUD for the federal fiscal year 2026. Section 8 Housing Choice Voucher payment standards in each area are set between 90% and 110% of these FMR numbers. Source: HUD Fair Market Rents.
How Do Rents Compare By Bedroom?
| Bedrooms | Great Falls, MT MSA | Billings, MT HUD Metro FMR Area | Difference |
|---|---|---|---|
| Studio | $960 | $1,016 | −$56 (-6%) |
| 1 Bedroom | $979 | $1,109 | −$130 (-12%) |
| 2 Bedroom | $1,284 | $1,417 | −$133 (-9%) |
| 3 Bedroom | $1,786 | $1,951 | −$165 (-8%) |
| 4 Bedroom | $2,035 | $2,216 | −$181 (-8%) |
vs US National Average
National average 1BR: $959. Great Falls, MT MSA is 2% above the US average. Billings, MT HUD Metro FMR Area is 16% above.
Sources: HUD Fair Market Rents FY 2026. Population and median income from U.S. Census Bureau American Community Survey (ACS).