Omaha-Council Bluffs, NE vs Hall County, NE
A 2-bedroom in Hall County costs $153 less per month than Omaha-Council Bluffs ($1,215 vs $1,368). Median income is $83,023 in Omaha-Council Bluffs and $67,549 in Hall County. That's a difference of $1,836 per year in housing costs.
Side-by-Side Comparison
| Metric | Omaha-Council Bluffs | Hall County |
|---|---|---|
| Studio FMR | $1,090 | $867 |
| 1BR FMR | $1,148 | $978 |
| 2BR FMR | $1,368 | $1,215 |
| 3BR FMR | $1,813 | $1,530 |
| 4BR FMR | $2,046 | $2,005 |
| Median Income | $83,023 | $67,549 |
| Rent Burden | 19.8% | 21.6% |
| Actual Median Rent | $1,152 | $911 |
| Median Home Value | $248,100 | $207,900 |
| Population | 973K | 62K |
| Renter % | 33.7% | 36.8% |
| Vacancy Rate | 5.6% | 3.8% |
| Poverty Rate | 9.5% | 11.8% |
| Unemployment | - | 3.5% |
| YoY Change | +16.9% | +23.2% |
| Min Wage | $13.50/hr | $13.50/hr |
Income Required to Afford a 2-Bedroom
Frequently Asked Questions
Hall County, NE is more affordable with a 2BR FMR of $1,215/mo, which is $153 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 21.6% in Hall County.
A 2-bedroom in Omaha-Council Bluffs, NE costs $1,368/mo at Fair Market Rent, while in Hall County, NE it's $1,215/mo, a difference of $153/mo or $1,836/year.
To afford a 2BR without spending more than 30% of income on rent: Omaha-Council Bluffs requires $54,720/year ($26/hr). Hall County requires $48,600/year ($23/hr).