Home prices
The cost of the median home in Waterloo is $117,400. In comparison to its nearby areas it is about $47,200 (28%) lower.In comparison to the United States as a whole it is about $100,100 (46%) lower, and compared to the city of Cedar Rapids is roughly $24,400 (17%) lower.
Rents
In Waterloo the median monthly rent is $765. Compared to its nearby areas this is is very similar.It is approximately $297 (27%) lower compared to the rest of the country, and compared to the city of Cedar Rapids it is is very similar.
Nearby places
Evansdale
Evansdale is Waterloo's neighbor to the southeast. Real estate prices there are pretty similar. The median home value in Evansdale is $118,800, which comes out to $1,400 (1%) higher than Waterloo. Rents there are a little more expensive. The median rent in Evansdale is $813 a month, which comes out to $48 (5%) higher than Waterloo.
Cedar Falls
Cedar Falls is Waterloo's neighbor to the west. Real estate prices there are a lot more expensive. The median home in Cedar Falls costs $189,100, which is $71,700 (37%) higher than Waterloo. The rent there is somewhat more expensive. In Cedar Falls the median monthly rent is $875, which comes out to $110 (12%) higher than Waterloo.
Hudson
Hudson is Waterloo's neighbor to the southwest. Its housing prices are a lot more expensive. The median home in Hudson is valued at $194,000, which is $76,600 (39%) higher than Waterloo. Its rents are pretty similar. Hudson's median monthly rent is $790, which is $25 (3%) higher than Waterloo.
Elk Run Heights
Elk Run Heights is approximately 4 miles east of Waterloo. Real estate prices there are a bit more expensive. The median home in Elk Run Heights costs $139,000, which works out to $21,600 (15%) higher than Waterloo. Its rents are somewhat more expensive. In Elk Run Heights the median rent is $890 per month, which comes out to $125 (14%) higher than Waterloo.
Raymond
Raymond is roughly 5 miles east of Waterloo. Its housing prices are a lot more expensive. The median home in Raymond costs $182,100, which comes out to $64,700 (35%) higher than Waterloo. Rents there are substantially less expensive. Raymond's median monthly rent is $486, which comes out to $279 (57%) lower than Waterloo.
