Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Waterville area can be challenging. Home prices in Waterville are now at a median cost of $222,351, higher than the Iowa average of $182,666.
The average cost of rent is $578/mo in Waterville, primarily driven by the current value of real estate in the Waterville area. While nearly 52.57% of residents own their homes outright in Waterville, 12.96% rent.
Housing affordability isn’t just about home prices, though. The average household income in Waterville is $5,051 per month. Households that rent pay about 11.45% of their income on rent here. Waterville's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Elon, IA: less expensive homes
- Harpers Ferry, IA: less expensive homes
- Volney, IA: equally priced homes
- Waukon Junction, IA: less expensive homes
- Village Creek, IA: less expensive homes
- Waukon, IA: less expensive homes
- Watson, IA: less expensive homes
- Lansing, IA: less expensive homes
- Monona, IA: less expensive homes
- Ludlow, IA: equally priced homes
Cities with Similar Populations
- Lone Tree, MO: equally priced homes
- Rolla, KS: less expensive homes
- Mercer, TN: less expensive homes
- Melrose, IA: less expensive homes
- Martin, LA: less expensive homes
- Maquon, IL: less expensive homes
- Malo, WA: equally priced homes
- Lottsburg, VA: higher priced homes
- Lookout, KY: less expensive homes
- Long Ridge, KY: less expensive homes
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