Council Bluffs, IA housing market
Typical home value
$228K
▲ 2.6% 1 yr
Typical rent
$1,335/mo
▲ 2.9% 1 yr
Gross rent yield
7.0%
U.S. 6.3%
5-year home value change
+29%
U.S. +20%
Key takeaways
- 1The typical home in Council Bluffs is worth $227,901, up 2.6% over the past year and up 29% over five years.
- 2Typical rent is $1,335 a month (+2.9% YoY), a gross rent yield of 7.0% (above the Omaha, NE metro's 5.5%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $1,252/mo, $83 less than typical rent.
- 4Zillow forecasts the Omaha, NE metro's home values to change +2.8% over the next 12 months.
Market temperature (Omaha, NE metro)
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 38/100, #315 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Council Bluffs compares
| Measure | Council Bluffs | Omaha, NE metro | United States |
|---|---|---|---|
| Typical home value | $227,901 | $306,318 | $366,157 |
| Home value, 1-yr change | +2.6% | +2.7% | +1.2% |
| Typical rent | $1,335 | $1,398 | $1,932 |
| Rent, 1-yr change | +2.9% | +1.7% | +2.7% |
| Gross rent yield | 7.0% | 5.5% | 6.3% |
| Price-to-rent ratio | 14.2 | 18.3 | 15.8 |
| Mortgage P&I, typical home | $1,252 | $1,683 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Council Bluffs rental, pre-filled.
Rent vs buy in Council Bluffs
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $228K home.
Other cities in the Omaha, NE metro
Omaha, NE
$295K home$1,389 rent
▲ 2.3% 1 yr
Bellevue, NE
$299K home$1,401 rent
▲ 3.3% 1 yr
Papillion, NE
$413K home$1,659 rent
▲ 2.6% 1 yr
La Vista, NE
$308K home$1,378 rent
▲ 3.3% 1 yr
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.