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These days, finding an affordable place to live in the Waverly area can be challenging. Home prices in Waverly are now at a median cost of $224,793, lower than the Iowa average of $226,062.
The average cost of rent is $1,034/mo in Waverly, primarily driven by the current value of real estate in the Waverly area. In Waverly, 28.70% of households rent, and 40.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Waverly is $6,860 per month. Households that rent pay about 15.07% of their income on rent here. Waverly’s most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Janesville, IA: higher priced homes
- Bremer, IA: higher priced homes
- Shell Rock, IA: less expensive homes
- Denver, IA: higher priced homes
- Horton, IA: equally priced homes
- Plainfield, IA: equally priced homes
- Clarksville, IA: less expensive homes
- Knittel, IA: equally priced homes
- North Cedar, IA: higher priced homes
- Tripoli, IA: less expensive homes
Cities with Similar Populations
- Burkburnett, TX: less expensive homes
- Swannanoa, NC: higher priced homes
- Supply, NC: higher priced homes
- Sunland Park, NM: less expensive homes
- Sun Village, CA: higher priced homes
- Stonegate, CO: higher priced homes
- Sugar Grove, IL: higher priced homes
- Succasunna, NJ: higher priced homes
- Camp Verde, AZ: higher priced homes
- Cameron, MO: equally priced homes
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