Omaha-Council Bluffs, IA vs Des Moines-West Des Moines, IA
A 2-bedroom in Des Moines-West Des Moines costs $50 less per month than Omaha-Council Bluffs ($1,318 vs $1,368). Median income is $83,023 in Omaha-Council Bluffs and $84,209 in Des Moines-West Des Moines. That's a difference of $600 per year in housing costs.
Side-by-Side Comparison
| Metric | Omaha-Council Bluffs | Des Moines-West Des Moines |
|---|---|---|
| Studio FMR | $1,090 | $1,063 |
| 1BR FMR | $1,148 | $1,109 |
| 2BR FMR | $1,368 | $1,318 |
| 3BR FMR | $1,813 | $1,794 |
| 4BR FMR | $2,046 | $1,841 |
| Median Income | $83,023 | $84,209 |
| Rent Burden | 19.8% | 18.8% |
| Actual Median Rent | $1,152 | $1,113 |
| Median Home Value | $248,100 | $252,400 |
| Population | 973K | 720K |
| Renter % | 33.7% | 30.5% |
| Vacancy Rate | 5.6% | 6.2% |
| Poverty Rate | 9.5% | 8.9% |
| YoY Change | +16.9% | +22% |
| Min Wage | $7.25/hr | $7.25/hr |
Income Required to Afford a 2-Bedroom
Frequently Asked Questions
Des Moines-West Des Moines, IA is more affordable with a 2BR FMR of $1,318/mo, which is $50 less than Omaha-Council Bluffs at $1,368/mo. However, when considering local incomes, Omaha-Council Bluffs has a rent burden of 19.8% vs 18.8% in Des Moines-West Des Moines.
A 2-bedroom in Omaha-Council Bluffs, IA costs $1,368/mo at Fair Market Rent, while in Des Moines-West Des Moines, IA it's $1,318/mo, a difference of $50/mo or $600/year.
To afford a 2BR without spending more than 30% of income on rent: Omaha-Council Bluffs requires $54,720/year ($26/hr). Des Moines-West Des Moines requires $52,720/year ($25/hr).