Rental market snapshot for Waterloo, Iowa

Waterloo, Iowa Rental Property Market Overview

Waterloo, Iowa is a city located in Black Hawk County with a population of 66,941 as of 2021, according to the US Census. It is the sixth-largest city in the state and is home to a variety of attractions, including the Grout Museum of History and Science, the Sullivan Brothers Iowa Veterans Museum, and the Cedar Valley Arboretum and Botanic Gardens. The city is also known for its diverse economy, which includes manufacturing, healthcare, and education. Waterloo is a great place to live, work, and play.

The average rent for an apartment in Waterloo is $853. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Waterloo Iowa | Cost of Living

  • The most expensive ZIP code in Waterloo is 50701 with an average price of $1,054.
  • The cheapest ZIP code in Waterloo is 50703 with an average price of $831.

Waterloo ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
150701$1,054
250702$860
350703$831

Live near Waterloo, Iowa's Top Sights and Attractions

Morris Park is a large, lush park located in Waterloo, Iowa. It features a variety of amenities, including a large lake, walking trails, playgrounds, picnic areas, and a disc golf course. The park also has a large, open field perfect for sports and other activities. There are also several pavilions and shelters available for rent. The park is a great place to spend the day with family and friends, enjoying the outdoors and all the park has to offer.

Lincoln Park is a scenic park located on the banks of the Cedar River in Waterloo, Iowa. It features a variety of outdoor activities, including a walking path, playground, picnic areas, and a fishing pier. The park also has a large open field, perfect for playing sports or flying kites. The park is also home to a variety of wildlife, including ducks, geese, and other birds. Visitors can also enjoy the beautiful views of the river and the surrounding area.

Deerwood Park Evansdale Iowa is a large park located in Waterloo, Iowa. It features a variety of outdoor activities, including a playground, walking trails, a disc golf course, and a fishing pond. The park also has a picnic area, a pavilion, and a large open field for sports and other activities. The park is a great place to spend a day outdoors, enjoying the fresh air and the beauty of nature.

Hoing Rice Softball Center is a premier softball facility located in Waterloo, Iowa. It features four lighted softball fields, a concession stand, and a large parking lot. The fields are well-maintained and feature a professional-grade infield and outfield. The facility also offers batting cages, a playground, and a picnic area. It is a great place for teams to practice and compete in tournaments.

Miller Park is a large outdoor recreational area located in Waterloo, Iowa. It features a variety of amenities, including a playground, picnic areas, walking trails, a lake, and a disc golf course. The park also has a large open field, perfect for sports and other activities. The lake is stocked with fish, making it a great spot for fishing. Miller Park is a great place to spend a day outdoors, enjoying the beauty of nature and the fresh air.

Exchange Park is a large outdoor recreation area located in Waterloo, Iowa. It features a variety of activities, including a playground, a large pond, a walking path, a picnic area, and a disc golf course. The park also has a large pavilion, which can be rented for special events. There are also several sports fields, including baseball, softball, and soccer. The park is a great place to spend a day outdoors, with plenty of activities to keep everyone entertained.

State Park George Wyth Memorial is a beautiful outdoor recreation area located in Waterloo, Iowa. It features a variety of activities, including camping, fishing, boating, swimming, and hiking. The park also has a variety of wildlife, including deer, foxes, and wild turkeys. There are several trails for biking and walking, as well as a playground and picnic areas. The park also has a beach, boat launch, and a nature center. Visitors can also enjoy the scenic views of the Cedar River and the surrounding countryside.

Byrnes Park Swimming Pool is a popular summer destination in the heart of a small town. It features a large outdoor pool, a diving board, a kiddie pool, and a concession stand. The pool is surrounded by lush green grass and plenty of shade trees, making it a great spot to relax and cool off on hot summer days. There are also plenty of lounge chairs and picnic tables for visitors to enjoy. The pool is open seasonally and offers a variety of swimming lessons and activities for all ages.

George Wyth State Park is a beautiful outdoor destination located in Waterloo, Iowa. It features a variety of activities for visitors to enjoy, including camping, fishing, boating, swimming, and hiking. The park also has a variety of wildlife, including deer, wild turkeys, and bald eagles. There are also several picnic areas and playgrounds for children. The park is a great place to relax and enjoy nature, as well as to explore the local area.

Liberty Park is a large outdoor recreational area located in Waterloo, Iowa. It features a variety of activities, including walking and biking trails, a playground, a fishing pond, a disc golf course, and a picnic area. The park also has a large open field, perfect for playing sports or flying a kite. There are also several pavilions and shelters available for rent, making it a great spot for family gatherings or special events.

Waterloo, Iowa area median rent change by ZIP code map

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How does Waterloo compare to other cities in Iowa?

citymedian price
Adel$1,900
Johnston$1,675
Waverly$1,620
West Des Moines$1,350
Fort Dodge$895
Indianola$750

Average household income in Waterloo area graph - US Census

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The median household income in Waterloo in 2021 was $49,430. This represents a 19.8% change from 2011 when the median was $41,275.

#categorypercent
0Less than $10,0007.8%
1$10,000 to $14,9995.6%
2$15,000 to $19,9995.9%
3$20,000 to $24,9995.8%
4$25,000 to $29,9996.3%
5$30,000 to $34,9996.7%
6$35,000 to $39,9994.1%
7$40,000 to $44,9995.4%
8$45,000 to $49,9994.9%
9$50,000 to $59,9998.9%
10$60,000 to $74,99910.3%
11$75,000 to $99,99911.6%
12$100,000 to $124,9996.9%
13$125,000 to $149,9993.5%
14$150,000 to $199,9993.1%
15$200,000 or more3.2%

Neighborhoods in Waterloo

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Waterloo is $853.
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