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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 $462,022, higher than the Nebraska average of $252,353.
The average cost of rent is $1,526/mo in Waterloo, primarily driven by the current value of real estate in the Waterloo area. In Waterloo, 15.51% of households rent, and 31.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Waterloo is $9,686 per month. Households that rent pay about 15.75% of their income on rent here. Waterloo’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- King Lake, NE: higher priced homes
- Elkhorn, NE: equally priced homes
- Venice, NE: higher priced homes
- Valley, NE: equally priced homes
- Yutan, NE: less expensive homes
- Gretna, NE: less expensive homes
- Boys Town, NE: less expensive homes
- Bennington, NE: less expensive homes
- Wann, NE: less expensive homes
- Chalco, NE: less expensive homes
Cities with Similar Populations
- Port Hadlock-Irondale, WA: less expensive homes
- Keenesburg, CO: higher priced homes
- L'Anse, MI: less expensive homes
- Lewistown, IL: less expensive homes
- Liverpool, PA: less expensive homes
- Mead, OK: less expensive homes
- Melba, ID: higher priced homes
- North Bennington, VT: less expensive homes
- Ocean Grove, NJ: higher priced homes
- Onaway, MI: less expensive homes
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