FairRentWize

Memphis vs Omaha-Council Bluffs

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Memphis is 14% cheaper for renters. A 2-bedroom rents for $819/mo vs $932/mo in Omaha-Council Bluffs — saving $1,356/year.

Rent by Unit Size

Unit SizeMemphisOmaha-Council BluffsDifference
Studio$560$601$41
1 Bedroom$682$751$69
2 Bedrooms$819$932$113
3 Bedrooms$1,011$1,157$146
4 Bedrooms$1,184$1,350$166
Median Income$44,652$57,848$13,196

Memphis

Studio
$560/mo
1 BR
$682/mo
2 BR
$819/mo
3 BR
$1,011/mo
4 BR
$1,184/mo
Median Income
$44,652/yr
Full Memphis profile →

Omaha-Council Bluffs

Studio
$601/mo
1 BR
$751/mo
2 BR
$932/mo
3 BR
$1,157/mo
4 BR
$1,350/mo
Median Income
$57,848/yr
Full Omaha-Council Bluffs profile →

Frequently Asked Questions

Is Memphis or Omaha-Council Bluffs cheaper to rent in?
Memphis is cheaper — a 2-bedroom Fair Market Rent is $819/mo vs $932/mo in Omaha-Council Bluffs. That's $113/mo or $1,356/year more expensive in Omaha-Council Bluffs (14% higher).
What is the 2-bedroom rent in Memphis vs Omaha-Council Bluffs?
The HUD Fair Market Rent for a 2-bedroom in Memphis is $819/month. In Omaha-Council Bluffs, a 2-bedroom FMR is $932/month.
How do incomes compare between Memphis and Omaha-Council Bluffs?
The median household income in Memphis is $44,652/year. In Omaha-Council Bluffs it is $57,848/year. Omaha-Council Bluffs has the higher median income.
What is the studio rent in Memphis vs Omaha-Council Bluffs?
A studio apartment Fair Market Rent in Memphis is $560/mo. In Omaha-Council Bluffs it is $601/mo.