Home Price Key
Affordable
Average
Expensive
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 $133,526, lower than the Iowa average of $182,666.
The average cost of rent is $833/mo in Waterloo, primarily driven by the current value of real estate in the Waterloo area. While nearly 39.38% of residents own their homes outright in Waterloo, 37.14% rent.
Housing affordability isn’t just about home prices, though. The average household income in Waterloo is $4,684 per month. Households that rent pay about 17.78% of their income on rent here. Waterloo's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Evansdale, IA: less expensive homes
- Elk Run Heights, IA: higher priced homes
- Orange, IA: higher priced homes
- Raymar, IA: higher priced homes
- Cedar Falls, IA: higher priced homes
- Raymond, IA: higher priced homes
- Hudson, IA: higher priced homes
- Dewar, IA: higher priced homes
- Gilbertville, IA: higher priced homes
- North Cedar, IA: higher priced homes
Cities with Similar Populations
- Van Etten, NY: less expensive homes
- Vernon, ID: higher priced homes
- Valley-Hi, TX: less expensive homes
- Verden, OK: less expensive homes
- Vera, VA: higher priced homes
- Vernon, VT: higher priced homes
- Valley Springs, SD: higher priced homes
- Venus, FL: equally priced homes
- Volt, MT: equally priced homes
- Ventura, CA: higher priced homes
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