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RentData.org Logo Omaha-Council Bluffs Fair Market Rent FY 2008 Omaha-Council Bluffs, NE-IA HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Omaha-Council Bluffs, IA :
$501 $569 $710 $948 $975
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Omaha-Council Bluffs are very low compared to the national average. This FMR area is less expensive than 100% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Omaha-Council Bluffs is $710 per month.

The previous year, rent for a two-bedroom home was $682 per month. This is a 4.11% increase year-over-year.

This FMR rate applies to Henderson, IA, Little Sioux, IA, Mc Clelland, IA, Blencoe, IA, Magnolia, IA, Macedonia, IA, Modale, IA, Mineola, IA, Hancock, IA, Hastings, IA and other cities within the region. The Metro Code or CBSA code for this region is METRO36540M36540.

Additionally, This Fair Market Rent (FMR) area Omaha-Council Bluffs, NE-IA HUD Metro FMR Area spans seven counties or cities in which ares listed in the table below. Estimated population of Omaha-Council Bluffs, NE-IA HUD Metro FMR Area FMR area is 747,211 people based on latest Census data.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Omaha-Council Bluffs. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Omaha-Council Bluffs

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 538
1-BR 1-Bedroom $ 605
2-BR 2-Bedroom $ 750
3-BR 3-Bedroom $ 1024
4-BR 4-Bedroom $ 1058
Change Year:

The counties, cities, towns, and regions listed below fall into the Omaha-Council Bluffs, NE-IA HUD Metro FMR Area FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers three metro areas: Omaha, Sioux City and Lincoln & Hstngs - Krny.

County / Region Est. Population
Harrison County, IA Metro 15,666
Mills County, IA Metro 14,547
Pottawattamie County, IA Metro 87,704
Cass County, NE Metro 24,334
Douglas County, NE Metro 463,585
Sarpy County, NE Metro 122,595
Washington County, NE Metro 18,780
Zip Codes in Omaha-Council Bluffs, NE-IA HUD Metro FMR Area

There are 118 unique zip codes in this Fair Market Rent (FMR) area:

51501, 51502, 51503, 51510, 51521, 51523, 51525, 51526, 51530, 51533, 51534, 51536, 51540, 51541, 51542, 51545, 51546, 51548, 51549, 51550, 51553, 51554, 51555, 51556, 51557, 51558, 51559, 51560, 51561, 51563, 51564, 51565, 51570, 51571, 51575, 51576, 51579, 68002, 68003, 68005, 68007, 68008, 68010, 68016, 68022, 68023, 68028, 68034, 68037, 68046, 68048, 68056, 68058, 68059, 68064, 68068, 68069, 68102, 68103, 68104, 68105, 68106, 68107, 68108, 68109, 68110, 68111, 68112, 68113, 68114, 68116, 68117, 68118, 68122, 68123, 68124, 68127, 68128, 68130, 68131, 68132, 68133, 68134, 68135, 68136, 68137, 68138, 68139, 68142, 68144, 68145, 68147, 68152, 68154, 68157, 68164, 68175, 68178, 68179, 68180, 68182, 68183, 68197, 68198, 68304, 68307, 68347, 68349, 68366, 68403, 68407, 68409, 68413, 68418, 68454, 68455, 68462 and 68463

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