Average Rent in Omaha-Council Bluffs, IA
The Fair Market Rent for a 2-bedroom in Omaha-Council Bluffs, IA is $1,368 per month, based on HUD data. With a median household income of $83,023, a household would spend 19.8% of income on housing at Fair Market Rent. Rent has increased 16.9% year over year. The national median 2BR FMR is $1,250/mo for comparison.
Fair Market Rent by Bedroom
| Size | Monthly FMR |
|---|---|
| Studio | $1,090 |
| 1 Bedroom | $1,148 |
| 2 Bedroom | $1,368 |
| 3 Bedroom | $1,813 |
| 4 Bedroom | $2,046 |
Affordability
| Metric | Value |
|---|---|
| Median Household Income | $83,023 |
| Rent Burden (2BR FMR / Income) | 19.8% |
| Income Needed for 2BR (30% rule) | $54,720/yr |