Omaha-Council Bluffs vs Waco
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Waco is 21% cheaper for renters. A 2-bedroom rents for $770/mo vs $932/mo in Omaha-Council Bluffs — saving $1,944/year.
Rent by Unit Size
| Unit Size | Omaha-Council Bluffs | Waco | Difference |
|---|---|---|---|
| Studio | $601 | $530 | $71 |
| 1 Bedroom | $751 | $629 | $122 |
| 2 Bedrooms | $932 | $770 | $162 |
| 3 Bedrooms | $1,157 | $988 | $169 |
| 4 Bedrooms | $1,350 | $1,119 | $231 |
| Median Income | $57,848 | $40,886 | $16,962 |
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
Waco
- Studio
- $530/mo
- 1 BR
- $629/mo
- 2 BR
- $770/mo
- 3 BR
- $988/mo
- 4 BR
- $1,119/mo
- Median Income
- $40,886/yr
Frequently Asked Questions
Is Omaha-Council Bluffs or Waco cheaper to rent in?
Waco is cheaper — a 2-bedroom Fair Market Rent is $770/mo vs $932/mo in Omaha-Council Bluffs. That's $162/mo or $1,944/year more expensive in Omaha-Council Bluffs (21% higher).
What is the 2-bedroom rent in Omaha-Council Bluffs vs Waco?
The HUD Fair Market Rent for a 2-bedroom in Omaha-Council Bluffs is $932/month. In Waco, a 2-bedroom FMR is $770/month.
How do incomes compare between Omaha-Council Bluffs and Waco?
The median household income in Omaha-Council Bluffs is $57,848/year. In Waco it is $40,886/year. Omaha-Council Bluffs has the higher median income.
What is the studio rent in Omaha-Council Bluffs vs Waco?
A studio apartment Fair Market Rent in Omaha-Council Bluffs is $601/mo. In Waco it is $530/mo.