Can A Registered Nurse Afford Rent in Waterloo, IA?
Comfortably affordable — rent takes 12.4% of gross income.
Waterloo rent: June 2026. Salary: BLS OEWS May 2024 (Iowa state estimate).
About rent and a registered nurse salary
Rent is the single largest fixed cost most renters carry, and the rent-to-income ratio is the simplest measure of whether a city is livable on a given salary. For renters earning a typical registered-nurse income, the 30% rule supports about $2,360 a month in rent. That margin covers comfortable one-bedroom rent in the vast majority of US metros but tightens significantly in the highest-rent coastal cities, where rent can claim 40% or more of an RN paycheck. The per-city pages below show the local rent, the local nurse-pay estimate, and where that combination sits on the affordability scale.
Cheaper rent nearby
These Iowa cities have lower median rent than Waterloo, which improves the affordability math on a registered nurse salary:
Compare with full rent data for Waterloo
View full rent data for Waterloo, IA →Frequently asked questions
Can a registered nurse afford rent in Waterloo, IA?
Median rent in Waterloo is $898 a month. A typical registered nurse in Iowa earns about $86,922 a year, which makes that rent 12.4% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a registered nurse afford in Waterloo?
Using the 30% rule, a registered nurse salary in Iowa (~$86,922/yr) supports up to $2,173 a month in rent. Waterloo's current median rent is $898/mo, which leaves a $1,275/mo buffer.
How many hours does a registered nurse work to cover rent in Waterloo?
At an hourly equivalent of about $42 an hour, a registered nurse in Iowa works roughly 21.5 hours a month to cover Waterloo's median rent of $898.
Where is rent cheaper than Waterloo for a registered nurse?
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 registered nurse salary.