Affordable & Income-Based Housing in Great Falls

Affordability in Great Falls

According to Census ACS 5-Year data (2024), the median monthly rent in Great Falls is $900, against a median household income of $63,373 per year. About 34% of households in the city rent their homes, and Lease Lantern tracks 15 HUD-assisted or income-based properties totaling 787 units across the city.

Safety

According to FBI Crime Data Explorer, the Great Falls Police Department reported a violent crime rate of 574 per 100,000 residents in 2024. Crime rates are not comparable across cities due to differences in reporting practices and local definitions.

Getting Around Great Falls

According to Walk Score, the area around assisted properties in Great Falls scores 91 (Walker's Paradise) and a Bike Score of 54, indicating many errands can be handled on foot and biking is a reasonable option for some trips. No Transit Score was available.

Schools

According to the NCES Common Core of Data, 23 public schools across 4 districts serve Great Falls, including 17 elementary, 2 middle, 3 high schools, and 1 other. Ratings vary by school and district, so renters should check the assigned schools for a specific address.

Cost of Living in Great Falls

The median household income in Great Falls is $63,373 per year, according to the Census ACS 5-Year estimate. The median gross rent citywide is $900 per month, also per Census ACS 5-Year data.

For renters who qualify, the 787 income-restricted units across 15 HUD-assisted and LIHTC properties in Great Falls can offer rents well below market rate, depending on household income and unit type.

Environmental Exposure

All 15 affordable housing properties in Great Falls were mapped for flood risk, and none fall in a high-risk flood zone. Flood exposure is not a significant concern for HUD-assisted and income-based housing in this city.