Omaha-Council Bluffs, NE-IA HUD Metro FMR Area
FY 2026 HUD Fair Market Rents for the Omaha-Council Bluffs, NE-IA HUD Metro FMR Area metro area. Population: 966,688.
Fair Market Rents (2026)
Studio
National avg: $893
$1,090/mo
↑ 10.1% YoY
+22% vs US
1 Bedroom
National avg: $959
$1,148/mo
↑ 9.1% YoY
+20% vs US
2 Bedroom
National avg: $1,175
$1,368/mo
↑ 8.5% YoY
+16% vs US
3 Bedroom
National avg: $1,525
$1,813/mo
↑ 8.2% YoY
+19% vs US
4 Bedroom
National avg: $1,756
$2,046/mo
↑ 9.8% YoY
+17% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $990 | $1,090 | +$100 (+10.1%) |
| 1 Bedroom | $1,052 | $1,148 | +$96 (+9.1%) |
| 2 Bedroom | $1,261 | $1,368 | +$107 (+8.5%) |
| 3 Bedroom | $1,675 | $1,813 | +$138 (+8.2%) |
| 4 Bedroom | $1,864 | $2,046 | +$182 (+9.8%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$45,920
$3,827/month gross
Required annual income for 2 BR
$54,720
$4,560/month gross
Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.