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 $227,632, lower than the Illinois average of $242,002.
The average cost of rent is $955/mo in Waterloo, primarily driven by the current value of real estate in the Waterloo area. While nearly 45.85% of residents own their homes outright in Waterloo, 17.86% rent.
Housing affordability isn’t just about home prices, though. The average household income in Waterloo is $7,198 per month. Households that rent pay about 13.27% of their income on rent here. Waterloo's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Wartburg, IL: equally priced homes
- Maeystown, IL: higher priced homes
- Foster Pond, IL: higher priced homes
- Floraville, IL: equally priced homes
- Fountain Gap, IL: equally priced homes
- New Hanover, IL: higher priced homes
- Tipton, IL: higher priced homes
- Valmeyer, IL: less expensive homes
- Madonnaville, IL: equally priced homes
- Columbia, IL: higher priced homes
Cities with Similar Populations
- Vineyard, UT: higher priced homes
- Chester, SC: less expensive homes
- Chester Springs, PA: higher priced homes
- Clark, NJ: higher priced homes
- Claymont, DE: less expensive homes
- Cloverly, MD: higher priced homes
- Comstock Park, MI: equally priced homes
- Cordele, GA: less expensive homes
- Smithfield, VA: higher priced homes
- Cherryland, CA: higher priced homes
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