Rental numbers for the Waterloo, IA metro
The typical home here runs -$710 a month at 7.78% with 25% down. 0 of 5 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 6.9%.
- Gross yield
- 6.1%
- typical home, Zillow
- Median ZIP yield
- 6.9%
- 5 ZIPs with full data
- Cash flow
- -$710/mo
- at 7.78%, 25% down
- Typical price
- $200,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,010/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
33 with published figures
| 50703Waterloo | $96,000 | $882 | 11.0% | 5.3% | -$94 | +6.2% |
| 50627Eldora | $133,000 | $920* | 8.3% | 3.7% | -$311 | n/a |
| 50707Evansdale | $158,000 | $1,000* | 7.6% | 3.3% | -$417 | n/a |
| 50601Ackley | $148,000 | $920* | 7.5% | 3.1% | -$414 | n/a |
| 50702Waterloo | $151,000 | $875 | 7.0% | 2.4% | -$513 | +4.2% |
| 50701Waterloo | $188,000 | $1,083 | 6.9% | 2.5% | -$618 | +4.5% |
| 50642Holland | $216,000 | $1,230* | 6.8% | 3.4% | -$558 | n/a |
| 50680Wellsburg | $165,000 | $920* | 6.7% | 2.6% | -$524 | n/a |
| 50676Tripoli | $176,000 | $920* | 6.3% | 2.1% | -$639 | n/a |
| 50604Aplington | $184,000 | $920* | 6.0% | 2.1% | -$670 | n/a |
| 50669Reinbeck | $194,000 | $920* | 5.7% | 2.1% | -$710 | n/a |
| 50674Sumner | $211,000 | $1,000* | 5.7% | 2.0% | -$785 | n/a |
| 50638Grundy Center | $196,000 | $920* | 5.6% | 1.8% | -$771 | n/a |
| 50613Cedar Falls | $269,000 | $1,221 | 5.5% | 1.8% | -$1,050 | +4.3% |
| 50630Fredericksburg | $211,000 | $950* | 5.4% | 2.2% | -$755 | n/a |
| 50677Waverly | $280,000 | $1,200 | 5.1% | 1.5% | -$1,149 | n/a |
| 50634Gilbertville | $215,000 | $920* | 5.1% | 1.2% | -$943 | n/a |
| 50660New Hartford | $239,000 | $1,000* | 5.0% | 1.5% | -$999 | n/a |
| 50667Raymond | $244,000 | $1,020* | 5.0% | 1.4% | -$1,020 | n/a |
| 50609Beaman | $222,000 | $920* | 5.0% | 2.0% | -$820 | n/a |
| 50668Readlyn | $223,000 | $920* | 5.0% | 1.1% | -$996 | n/a |
| 50621Grundy Center | $226,000 | $930* | 4.9% | 1.6% | -$923 | n/a |
| 50643Hudson | $280,000 | $1,150* | 4.9% | 1.4% | -$1,186 | n/a |
| 50666Plainfield | $224,000 | $920* | 4.9% | 1.5% | -$926 | n/a |
| 50651La Porte City | $242,000 | $950* | 4.7% | 1.1% | -$1,091 | n/a |
| 50665Parkersburg | $246,000 | $970* | 4.7% | 1.1% | -$1,094 | n/a |
| 50626Dunkerton | $240,000 | $920* | 4.6% | 1.1% | -$1,067 | n/a |
| 50648Jesup | $273,000 | $980* | 4.3% | 0.7% | -$1,303 | n/a |
| 50647Janesville | $316,000 | $1,100* | 4.2% | 1.1% | -$1,416 | n/a |
| 50629Fairbank | $279,000 | $920* | 4.0% | 0.8% | -$1,332 | n/a |
| 50624Dike | $305,000 | $920* | 3.6% | 0.3% | -$1,572 | n/a |
| 50622Denver | $312,000 | $920* | 3.5% | 0.3% | -$1,609 | n/a |
| 50612Buckingham | $358,000 | $1,010* | 3.4% | 0.5% | -$1,769 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +1.2%
- Rent, 12 months
- +4.3%
- Rent minus price growth
- +3.1 pts
- Property tax
- 1.30%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $157,768 | $802 |
| Aug 2022 | $173,415 | $849 |
| Aug 2023 | $182,606 | $896 |
| Aug 2024 | $189,036 | $933 |
| Aug 2025 | $197,265 | $968 |
| Aug 2026 | $199,692 | $1,010 |
Counties
- Hardin County, IAn/a median yield
- Butler County, IAn/a median yield
- Grundy County, IAn/a median yield
- Tama County, IAn/a median yield
- Black Hawk County, IA6.9% median yield
- Bremer County, IA5.1% median yield
- Buchanan County, IAn/a median yield
- Chickasaw County, IAn/a median yield
Tools
Questions
- Is the Waterloo, IA metro good for rental property?
- The typical home here runs -$710 a month at 7.78% with 25% down. 0 of 5 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 6.9%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Waterloo, IA metro have the highest rental yield?
- 50703 (Waterloo) at 11.0%, 50702 (Waterloo) at 7.0%, 50701 (Waterloo) at 6.9%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.