Can A Police Officer Afford Rent in Waterloo, IA?

Comfortably affordable — rent takes 15.2% of gross income.

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

Waterloo median rent
$898/mo
Police Officer salary (Iowa)
$71,088/yr
Rent as % of income
15.2%
Gross monthly income works out to about $5,924, and the 30% rule supports up to $1,777/mo in rent. Waterloo's median rent of $898 leaves roughly $879/mo of headroom under that threshold. A police officer works roughly 26.3 hours a month to cover that rent.

About rent and a police officer salary

The gap between a police officer's base pay and the rent in the city they patrol is a widely tracked local affordability question. Many large-city departments now publish recruitment materials that include a local-rent comparison, because affordability has become a recruiting issue. At the national-average officer base pay, the 30% rule supports about $1,932 a month in rent. The per-city pages combine local rent with local officer-pay estimates to show where rent stays within that range.

Cheaper rent nearby

These Iowa cities have lower median rent than Waterloo, which improves the affordability math on a police officer salary:

Cedar Rapids, IA
$897/mo (15.1% of income)
Marshalltown, IA
$893/mo (15.1% of income)
Newton, IA
$887/mo (15% of income)

Compare with full rent data for Waterloo

View full rent data for Waterloo, IA

Frequently asked questions

Can a police officer afford rent in Waterloo, IA?

Median rent in Waterloo is $898 a month. A typical police officer in Iowa earns about $71,088 a year, which makes that rent 15.2% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a police officer afford in Waterloo?

Using the 30% rule, a police officer salary in Iowa (~$71,088/yr) supports up to $1,777 a month in rent. Waterloo's current median rent is $898/mo, which leaves a $879/mo buffer.

How many hours does a police officer work to cover rent in Waterloo?

At an hourly equivalent of about $34 an hour, a police officer in Iowa works roughly 26.3 hours a month to cover Waterloo's median rent of $898.

Where is rent cheaper than Waterloo for a police officer?

Nearby Iowa cities with lower median rent include Cedar Rapids ($897/mo), Marshalltown ($893/mo), Newton ($887/mo). Each shifts the affordability math materially on a police officer 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.