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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 $267,598, lower than the Wisconsin average of $280,373.
The average cost of rent is $1,078/mo in Waterloo, primarily driven by the current value of real estate in the Waterloo area. In Waterloo, 26.34% of households rent, and 37.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Waterloo is $7,758 per month. Households that rent pay about 13.90% 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
- Portland, WI: higher priced homes
- Marshall, WI: higher priced homes
- York Center, WI: higher priced homes
- Milford, WI: higher priced homes
- Lake Mills, WI: higher priced homes
- Nora, WI: higher priced homes
- Danville, WI: higher priced homes
- Grellton, WI: higher priced homes
- London, WI: higher priced homes
- Reeseville, WI: less expensive homes
Cities with Similar Populations
- Watertown, MN: higher priced homes
- Walthourville, GA: less expensive homes
- Walton, NY: less expensive homes
- Walworth, WI: higher priced homes
- Wanamassa, NJ: higher priced homes
- Ware Shoals, SC: less expensive homes
- Warrenton, NC: less expensive homes
- Warsaw, NY: less expensive homes
- Washington, GA: less expensive homes
- Hominy, OK: less expensive homes
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