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Last Updated: 04/02/2023


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All About

Living In Waterloo, IA

Waterloo, Iowa is a small city with a population of approximately 68,000. With an average age of just over 38, the city's population is younger than most cities in Iowa. Home ownership is more common than renting in Waterloo, and 38% of residents rent. At $766 per month, the average rent is a bit below the state average.

Waterloo has an average commute time of about 17 minutes, faster than the state average of about 20 minutes. Driving a car or truck is the most common mode of getting to work, opted for by 44% of commuters, while public transportation is not widely used. A small percentage of residents commute to work on foot.

Compared to the national average (5%), Waterloo has a relatively high number of residents over the age of 25 with an Associate's degree (7%). In addition, 10% possess a Bachelor's degree and 4% have a Master's degree or Doctorate. Many Waterloo residents work in one of three industries: manufacturing, retail, and healthcare. Combined, these industries make up 25% of the city's workforce. Meanwhile, looking at job function, many of the city's workers are in transportation, as 9% of the city's population reports this as their field of work, the highest number of any profession. Waterloo workers earn an average annual income of about $57K, less than those elsewhere in the state. Waterloo's average income also trails the national average ($73,345).

Frequently Asked Questions About Waterloo

What is the average rent in Waterloo?

The average rent of a studio apartment in Waterloo is $1,075 per month. For a one-bedroom apartment it's $1,375 per month. For a two-bedroom apartment the average rent is $750 per month.

What is the average cost of rent for a one-bedroom in Waterloo?

The average rent of a one-bedroom apartment in Waterloo is $1,375

Are there any cheap apartments for rent in Waterloo?

For the best deal, we recommend using our cheap apartments filter.

You can also filter by price: Under $500, Under $600, Under $700, Under $800, Under $900

Are there any pet friendly apartments in Waterloo?

Apply Apartment Guide's pet friendly filter to see only Waterloo apartments that accept pets.

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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