2026 Affordability Data
Most Affordable Neighborhoods in Waterloo - 2026 Data
The median home value in Waterloo is $142,000, 50% below nat'l avg. Median rent is $824/month. With an affordability index of 212, Waterloo is more affordable than the national baseline of 100. We ranked 0 neighborhoods by affordability to help you find the best value in the Waterloo, IA area.
Key Takeaways: Affordability in Waterloo
- 1Waterloo's median home value is $142,000, 50% below nat'l avg (national: $281,900).
- 2Waterloo's affordability index is 212 (baseline 100), making it more affordable than the national average.
- 3Median rent in Waterloo is $824/month, 29% below nat'l avg (national: $1,163/month).
Waterloo Affordability Overview
Median Home Value
$142,000
50% below nat'l avg
Median Rent
$824/mo
29% below nat'l avg
Median Income
$54,104
27% below nat'l avg
Affordability Index
212
112% above nat'l avg
Frequently Asked Questions About Affordability in Waterloo
What is the median home price in Waterloo, IA?▾
The median home price in Waterloo is $142,000, which is 50% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Waterloo affordable compared to the national average?▾
Waterloo has an affordability index of 212, which means housing is more affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Waterloo, IA?▾
The median monthly rent in Waterloo is $824. This is 29% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Waterloo?▾
The median household income in Waterloo is $54,104 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).