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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 $125,222, lower than the Ohio average of $236,816.
The average cost of rent is $744/mo in Waterloo, primarily driven by the current value of real estate in the Waterloo area. In Waterloo, 10.12% of households rent, and 64.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Waterloo is $5,255 per month. Households that rent pay about 14.15% of their income on rent here. Waterloo’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Wilgus, OH: less expensive homes
- Lecta, OH: equally priced homes
- Pedro, OH: less expensive homes
- Cannons Creek, OH: less expensive homes
- Patriot, OH: higher priced homes
- Ellisonville, OH: equally priced homes
- Willow Wood, OH: equally priced homes
- Center Station, OH: higher priced homes
- Gallia, OH: less expensive homes
- Kitts Hill, OH: higher priced homes
Cities with Similar Populations
- Sisterdale, TX: higher priced homes
- Humble City, NM: higher priced homes
- Huntington, OH: higher priced homes
- Ingalls, KS: higher priced homes
- Jerry City, OH: higher priced homes
- Jimtown, KY: higher priced homes
- Jobstown, NJ: higher priced homes
- Jonesville, AR: equally priced homes
- Serbin, TX: higher priced homes
- Shiloh, LA: less expensive homes
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