Waterloo-Cedar Falls, IA · Iowa
Black Hawk County
ZIP 50613
130,693 residents367 permits TTM$64,581 median HHI12 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$182,400
ACS 5-Year
Cap rate proxy
6.3%
FMR × 0.65 ÷ Home Value
Rent-to-income
17.9%
HUD FMR ÷ ACS HHI
Net migration
+0.96%
IRS SOI
Permits (TTM)
367
Census BPS
Climate risk
76.6
FEMA NRI (0–100)
ZIP 50613
Median home value
—
Gross yield
—
Buy Box score
0.5
Section 8 gap
—
Affordability
P/I: 4.0R/I: 25.5%
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown12 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 50703 | — | — | — | 11.6% | — |
| 50707 | — | — | — | 7.6% | — |
| 50702 | — | — | — | 7.5% | — |
| 50613 | — | — | — | 6.4% | — |
| 50623 | — | — | — | 6.3% | — |
| 50634 | — | — | — | 6.3% | — |
| 50667 | — | — | — | 6.3% | — |
| 50701 | — | — | — | 5.6% | — |
| 50651 | — | — | — | 5.0% | — |
| 50626 | — | — | — | 5.0% | — |
| 50648 | — | — | — | 4.5% | — |
| 50643 | — | — | — | 4.2% | — |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
65.3%
Census ACS
Vacancy rate
8.5%
Census ACS
Bachelor's degree +
30.1%
Census ACS
Rent burdened
45.8%
Census ACS (>30% income)
Median age
35.7
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026