Waterloo-Cedar Falls, IA Average Rent & Rental Yield
Compare average asking rent (median), gross rental yield, home value, and transaction activity before moving into listing-level underwriting or investor discovery.
Average rent in Waterloo-Cedar Falls, IA
The median asking rent in Waterloo-Cedar Falls, IA is $1,250 as of July 2026, based on active rental listings across the metro. We report the median — the midpoint of asking rents — because it tracks the typical listing more reliably than a simple average, which luxury and outlier listings can skew.
Against an average home value of $152,926, that rent level prices Waterloo-Cedar Falls, IA at a 10.77% gross rental yield — compared with 9.29% across Iowa.
Metro vs state rental signal
The metro read is a first-pass screen. Compare it with the state baseline, then pressure-test taxes, insurance, vacancy, rehab, and financing assumptions at the property level.
Waterloo-Cedar Falls, IA rent and rental yield comparison
The current Waterloo-Cedar Falls, IA baseline is $1,250 median asking rent and 10.77% gross rental yield. Compare rent, yield, and home values with selected Iowa metros, then open a public report or Rental Insights for property-level follow-up.
Des Moines-West Des Moines, IA
Des Moines-West Des Moines, IA median asking rent is $1,795, $545 (43.6%) higher than the $1,250 median asking rent in Waterloo-Cedar Falls, IA.
- Median rent
- $1,795
- Gross yield
- 8.80%
- Avg home value
- $247,131
Cedar Rapids, IA
Cedar Rapids, IA median asking rent is $1,525, $275 (22%) higher than the $1,250 median asking rent in Waterloo-Cedar Falls, IA.
- Median rent
- $1,525
- Gross yield
- 10.24%
- Avg home value
- $172,537
Davenport-Moline-Rock Island, IA-IL
Davenport-Moline-Rock Island, IA-IL median asking rent is $1,550, $300 (24%) higher than the $1,250 median asking rent in Waterloo-Cedar Falls, IA.
- Median rent
- $1,550
- Gross yield
- 10.37%
- Avg home value
- $190,468
Iowa City, IA
Iowa City, IA median asking rent is $2,095, $845 (67.6%) higher than the $1,250 median asking rent in Waterloo-Cedar Falls, IA.
- Median rent
- $2,095
- Gross yield
- 8.75%
- Avg home value
- $286,362
Clinton, IA
Clinton, IA median asking rent is $1,200, $50 (4%) lower than the $1,250 median asking rent in Waterloo-Cedar Falls, IA.
- Median rent
- $1,200
- Gross yield
- 13.54%
- Avg home value
- $104,199
Burlington, IA-IL
Burlington, IA-IL median asking rent is $1,000, $250 (20%) lower than the $1,250 median asking rent in Waterloo-Cedar Falls, IA.
- Median rent
- $1,000
- Gross yield
- 13.79%
- Avg home value
- $102,838
Fort Dodge, IA
Fort Dodge, IA median asking rent is $1,000, $250 (20%) lower than the $1,250 median asking rent in Waterloo-Cedar Falls, IA.
- Median rent
- $1,000
- Gross yield
- 12.89%
- Avg home value
- $82,205
Muscatine, IA
Muscatine, IA median asking rent is $1,000, $250 (20%) lower than the $1,250 median asking rent in Waterloo-Cedar Falls, IA.
- Median rent
- $1,000
- Gross yield
- 11.81%
- Avg home value
- $114,350
Waterloo-Cedar Falls, IA rent and yield FAQ
Quick answers based on the latest Waterloo-Cedar Falls, IA rental listing and transaction data.
What is the average rent in Waterloo-Cedar Falls, IA?
As of July 2026, the median asking rent in Waterloo-Cedar Falls, IA is $1,250. SFR Analytics reports the median of active rental listings rather than a simple average so outlier luxury listings do not distort the figure.
What is a good rental yield in Waterloo-Cedar Falls, IA?
Waterloo-Cedar Falls, IA currently prices at a 10.77% gross rental yield, versus 9.29% across Iowa. Treat gross yield as a first-pass screen — it excludes taxes, insurance, vacancy, rehab, and financing, so underwrite at the property level before acting on it.
Move from Waterloo-Cedar Falls, IA market context to property-level screening
Open Rental Insights with Waterloo-Cedar Falls, IA selected, then pair the yield signal with investor activity and rental data workflows.