Can A Licensed Practical Nurse Afford Rent in Waterloo, IA?

Comfortably affordable — rent takes 19.5% of gross income.

Waterloo rent: September 2026. Salary: BLS OEWS May 2024 (Iowa state estimate).

Waterloo median rent
$909/mo
Licensed Practical Nurse salary (Iowa)
$55,927/yr
Rent as % of income
19.5%
Gross monthly income works out to about $4,661, and the 30% rule supports up to $1,398/mo in rent. Waterloo's median rent of $909 leaves roughly $489/mo of headroom under that threshold. A licensed practical nurse works roughly 33.8 hours a month to cover that rent.

About rent and a licensed practical nurse salary

LPN pay sits modestly above the US median household income and covers comfortable rent in most lower- and mid-cost metros. At the national-average LPN salary, the 30% rule supports about $1,520 a month in rent. The per-city pages show which markets stay in range.

Cheaper rent nearby

These Iowa cities have lower median rent than Waterloo, which improves the affordability math on a licensed practical nurse salary:

Knoxville, IA
$907/mo (19.5% of income)
Knoxville, IA
$906/mo (19.4% of income)
Knoxville, IA
$906/mo (19.4% of income)

Compare with full rent data for Waterloo

View full rent data for Waterloo, IA →

Frequently asked questions

Can a licensed practical nurse afford rent in Waterloo, IA?

Median rent in Waterloo is $909 a month. A typical licensed practical nurse in Iowa earns about $55,927 a year, which makes that rent 19.5% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a licensed practical nurse afford in Waterloo?

Using the 30% rule, a licensed practical nurse salary in Iowa (~$55,927/yr) supports up to $1,398 a month in rent. Waterloo's current median rent is $909/mo, which leaves a $489/mo buffer.

How many hours does a licensed practical nurse work to cover rent in Waterloo?

At an hourly equivalent of about $27 an hour, a licensed practical nurse in Iowa works roughly 33.8 hours a month to cover Waterloo's median rent of $909.

Where is rent cheaper than Waterloo for a licensed practical nurse?

Nearby Iowa cities with lower median rent include Knoxville ($907/mo), Knoxville ($906/mo), Knoxville ($906/mo). Each shifts the affordability math materially on a licensed practical nurse salary.

Methodology: Salary uses the BLS-derived Iowa state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Waterloo, IA. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.