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These days, finding an affordable place to live in the Waterloo area can be challenging. Home prices in Waterloo are now at a median cost of $807,836, lower than the California average of $812,006.
The average cost of rent is $1,707/mo in Waterloo, primarily driven by the current value of real estate in the Waterloo area. In Waterloo, 54.75% of households rent, and 40.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Waterloo is $11,943 per month. Households that rent pay about 14.29% of their income on rent here. Waterloo’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Linden, CA: less expensive homes
- Garden Acres, CA: less expensive homes
- August, CA: less expensive homes
- Victor, CA: equally priced homes
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- Stockton, CA: less expensive homes
- Lockeford, CA: less expensive homes
- Lodi, CA: less expensive homes
- Country Club, CA: less expensive homes
- Woodbridge, CA: less expensive homes
Cities with Similar Populations
- Massieville, OH: less expensive homes
- Quicksburg, VA: less expensive homes
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- Patrick Afb, FL: less expensive homes
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- New Philadelphia, PA: less expensive homes
- New Germany, MN: less expensive homes
- Mount Hope, OH: less expensive homes
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