What percentage of people rent in Waterloo, IA?
37.9% (±2.0 points) of the occupied homes in Waterloo, IA are rented (2020–2024 American Community Survey).
That is 11,106 renting households against 18,177 that own their home.
In Waterloo, the share of households that rent went from 39.1% in 2015–2019 to 37.9% in 2020–2024 (−1.2 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 37.9% (±2.0 points)
- Renting households
- 11,106 (±649)
- Median renter income
- $38,554 (±$2,470)
Who rents and who owns in Waterloo
| Waterloo | Black Hawk County | Iowa | United States | |
|---|---|---|---|---|
| Renter-occupied share | 37.9% (±2.0 points) | 33.8% (±1.3 points) | 28.3% (±0.3 points) | 34.8% |
| Renting households | 11,106 (±649) | 18,424 (±792) | 372,311 (±3,635) | 45,017,354 |
| Owning households | 18,177 (±610) | 36,139 (±715) | 943,396 (±5,414) | 84,210,142 |
| Average renter household size | 2.2 (±0.1) | 2.2 (±0.1) | 2.0 (±0.0) | 2.3 |
| Average owner household size | 2.3 (±0.1) | 2.4 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $38,554 (±$2,470) | $40,390 (±$1,998) | $43,297 (±$758) | $52,966 |
| Median owner household income | $72,064 (±$3,313) | $83,817 (±$3,128) | $91,638 (±$512) | $100,009 |
In Waterloo, the renter share is higher than in Black Hawk County (33.8%).
It is also higher than in Iowa (28.3%).
It is higher than the national figure (34.8%).
In Black Hawk County, Waterloo ranks 2 of 9 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 56 of 943.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Waterloo has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 39.1% (±1.5 points) | 37.9% (±2.0 points) | −1.2 percentage points | Not a measurable change |
| Median gross rent | $765 (±$21) | $923 (±$25) | +20.7% | No measurable change after inflation |
| Median household income | $47,327 (±$1,734) | $57,480 (±$1,797) | +21.5% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Waterloo
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Waterloo | — | 37.9% (±2.0 points) | — |
| Evansdale | 4.6 mi | 39.2% (±8.9 points) | Not measurably different |
| Elk Run Heights | 5.1 mi | 6.8% (±5.1 points) | Lower |
| Cedar Falls | 5.5 mi | 36.0% (±2.5 points) | Not measurably different |
| Raymond | 6.4 mi | 6.5% (±5.1 points) | Lower |
| Hudson | 6.4 mi | 9.9% (±4.3 points) | Lower |
| Gilbertville | 8.7 mi | 13.6% (±6.0 points) | Lower |
| Dunkerton | 11 mi | 15.4% (±9.1 points) | Lower |
| Janesville | 12 mi | 8.6% (±4.4 points) | Lower |
Nearby places with a measurably lower figure: Elk Run Heights, IA (6.8%), Raymond, IA (6.5%), Hudson, IA (9.9%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Black Hawk County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Evansdale | 39.2% (±8.9 points) |
| 2 | Waterloo | 37.9% (±2.0 points) |
| 3 | Cedar Falls | 36.0% (±2.5 points) |
| 4 | La Porte City | 22.1% (±7.9 points) |
| 5 | Dunkerton | 15.4% (±9.1 points) |
| 6 | Gilbertville | 13.6% (±6.0 points) |
| 7 | Hudson | 9.9% (±4.3 points) |
| 8 | Elk Run Heights | 6.8% (±5.1 points) |
Showing 8 of 9 places in Black Hawk County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Waterloo
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Waterloo, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Waterloo beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Waterloo, and send estimates and invoices from your phone.
Questions about Waterloo
How many renters are there in Waterloo?
Waterloo has an estimated 11,106 (±649) renting households, 37.9% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Waterloo?
In Waterloo, the share of households that rent went from 39.1% in 2015–2019 to 37.9% in 2020–2024 (−1.2 percentage points), not a measurable change.
How big are renting households in Waterloo?
A renting household in Waterloo has 2.2 people on average, against 2.3 in an owned home.
How much do renters earn in Waterloo?
The median renting household in Waterloo, IA has an income of $38,554 (±$2,470) a year, against $72,064 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Waterloo city, Iowa
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Waterloo city, Iowa
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Waterloo city, Iowa
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Waterloo city, Iowa
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Waterloo city, Iowa
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Waterloo city, Iowa (place:82425, in state:19).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Waterloo at a glance
- Median rent in Waterloo
- Rent by bedrooms in Waterloo
- Rent burden in Waterloo
- Income and affordability in Waterloo
- Home values in Waterloo
- Homeowner costs in Waterloo
- Property taxes in Waterloo
- Types of homes in Waterloo
- Bedrooms in Waterloo
- Age of homes in Waterloo
- Vacancy rate in Waterloo
- Heating fuel in Waterloo
- Commute and cars in Waterloo
- Crime reported to police in Waterloo
- Population growth in Waterloo
- How long people stay in Waterloo
- Crowding and facilities in Waterloo
- Iowa landlord and tenant rules
- Housing across Black Hawk County
- Iowa places ranked by share of renters
- Housing data for every place in Iowa