Last updated
Average Rent in Waterloo 50703 & Rent Trends
Rent prices and market trends across 1 apartment community in Waterloo 50703, Waterloo, IA. Updated daily.
Market Average
$950/mo
Lowest Available
$950/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
18
available now
Waterloo 50703 vs Waterloo, IA Average
Waterloo 50703 is cheaper the Waterloo, IA average by $172/mo (15%). The citywide average is $1,122/mo across all neighborhoods.
Is Rent Going Up or Down in Waterloo 50703?
As of May 2026, the average rent in Waterloo 50703 is $950 per month across 1 apartment community and 18 available units.
The most affordable option is Union at North Crossing starting at $950/mo. By unit type, a 2-bedroom averages $950/mo.
Prices range from $950 to $950 per month. The most common price point is the $800 range, where 18 units are currently listed.
Waterloo 50703 Rent Price History
Collecting price history
Daily snapshots are being recorded. Trend charts will appear once we have enough data points.
Rent by Bedroom Type in Waterloo 50703
Rent Prices by Apartment in Waterloo 50703
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Union at North Crossing | $950/mo | $950/mo | 18 | 3.2 |
Google Search Trends for Waterloo 50703 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Waterloo 50703
What is the average rent in Waterloo 50703?
Is rent going up or down in Waterloo 50703?
What is the cheapest apartment in Waterloo 50703?
How many apartments are available in Waterloo 50703?
What salary do I need to live comfortably in Waterloo 50703?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$38,000/year
30 percent rule -- using our average rent of $950/mo.
Comfortable income
$46,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
Median household income in Waterloo 50703 is $56,344 , about 24% above the comfortable-living threshold.
Cost of living in Waterloo 50703
Overall prices in Waterloo 50703 runs below the national average by about 12% (BEA Regional Price Parity index 88.0, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Waterloo 50703's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $950 |
| Utilities | $267 |
| Groceries | $522 |
| Transportation | $637 |
| Healthcare | $311 |
| Other goods and services | $497 |
| Estimated total | $3,185/mo |
Population
66,947
Median household income
$56,344
Census median rent
$896/mo
Rent as % of income
27.4%
Median age
36.6
Mean commute
16 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Waterloo 50703 Apartments
Browse all 1 communities with daily-updated pricing and availability.