2025 Compare Cities Housing:
Waterloo, IA vs Cedar Falls, IA

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Highlights
- The median age of a home in Waterloo is 23.7% older than the median age of a home in Cedar Falls.
 Waterloo, IACedar Falls, IAUnited States
 Median Home Age59  Unlock42
 Median Home Cost  Unlock$226,000$338,100
 Home Appr. Last 12 months13.4%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock34.5%57.0%
 Home Appr. Last 10 yrs.44.9%  Unlock101.1%
 Property Tax Rate  Unlock$16.2$11.0
 Homes Owned54.3%  Unlock57.4%
 Housing Vacant  Unlock6.5%11.2%
 Homes Rented36.0%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Waterloo, IACedar Falls, IAUnited States
 Average Rent  Unlock$1,390$1,840
 Studio Apartment$630  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$840$1,180
 2 Bedroom Home or Apartment$940  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,410$1,860
 4 Bedroom Home or Apartment$1,600  Unlock$2,160
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 Vacant Housing
 Waterloo, IACedar Falls, IAUnited States
 Vacant For Rent  Unlock1.9%1.9%
 Vacant Rented1.1%  Unlock0.4%
 Vacant For Sale  Unlock0.9%0.7%
 Vacant Sold0.5%  Unlock0.4%
 Vacant Vacation  Unlock1.5%3.6%
 Vacant Other4.2%  Unlock4.1%
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 Owner-Occupied Housing Value
 Waterloo, IACedar Falls, IAUnited States
 Less Than $20,000  Unlock3.9%2.6%
 $20,000 to $39,9992.7%  Unlock2.4%
 $40,000 to $59,999  Unlock1.0%2.8%
 $60,000 to $79,99912.0%  Unlock3.9%
 $80,000 to $99,999  Unlock2.0%4.5%
 $100,000 to $149,99928.1%  Unlock11.3%
 $150,000 to $199,999  Unlock22.6%13.0%
 $200,000 to $299,99911.2%  Unlock20.1%
 $300,000 to $399,999  Unlock16.4%13.6%
 $400,000 to $499,9990.9%  Unlock8.3%
 $500,000 to $749,999  Unlock3.8%9.7%
 $750,000 to $999,9990.3%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.0%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.2%1.1%
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 Housing Units By Year Built
 Waterloo, IACedar Falls, IAUnited States
 2015 and Newer0.1%  Unlock0.2%
 2010 to 2014  Unlock11.4%13.6%
 2000 to 20095.7%  Unlock13.6%
 1990 to 1999  Unlock13.3%13.6%
 1980 to 19895.1%  Unlock13.2%
 1970 to 1979  Unlock14.7%14.8%
 1960 to 19696.7%  Unlock13.6%
 1950 to 1959  Unlock13.8%10.0%
 1940 to 19498.3%  Unlock4.7%
 1939 or Earlier  Unlock13.0%12.2%
Reviews for Waterloo    5 Reviews

The bike racks recently installed on the MET buses was a great idea for a community that has numerous bike riders and  More

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Over 17 years ago

Unless you're into getting wasted on a regular basis there's not a lot to do here. Most people barhop for fun. Being someone who doesn't drink and doesn't enjoy being  More

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Over 17 years ago

So the weather is emotional here - on and off during the summer its hot and rainy, yet during the fall it is quite often beautiful. Winters can be long, and spring can  More

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Reviews for Cedar Falls    7 Reviews

Over 8 years ago

I lived in Cedar Falls while attending the University of Northern Iowa. It's a great college town. Main street is nice and there are plenty of restaurants to choose  More

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Over 12 years ago

We've lived in Cedar Falls since moving here from the great chicago land area in 2006. The school system in Cedar Falls and in Iowa in general if VERY strong.   More

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When I was preparing to moved to Cedar Falls, IA I was repeatedly met with the remark "IOWA!, what's there? corn?" But apart from the bitter winters, tornadoes, and  More

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