Rent to Own Homes in Waterloo
Waterloo is located approximately 50 miles north of Cedar Rapids in northeastern Iowa. This region is within a two-hour drive of Des Moines and approximately 90 minutes from Dubuque. Cedar Falls is less than 10 miles to the north, so many residents consider that area an extended portion of their city. There were nearly 70,000 residents living in... Read More
Waterloo is located approximately 50 miles north of Cedar Rapids in northeastern Iowa. This region is within a two-hour drive of Des Moines and approximately 90 minutes from Dubuque. Cedar Falls is less than 10 miles to the north, so many residents consider that area an extended portion of their city. There were nearly 70,000 residents living in the city in 2014, and many of them are attracted to the city's low cost of living and reasonable housing prices. In some instances, housing prices will drop more than 50 percent below the national average.
Some of the first major employers to move into the Waterloo area included the Waterloo Gasoline Traction Engine Company, the Waterloo Herald and the Rath Packing Company. Today, there are a variety of employers offering jobs downtown Waterloo, throughout the city and in nearby communities. Some of the more prominent companies include John Deere, Covenant Medical Center, Tyson, Allen Memorial Hospital and the University of Northern Iowa.The below results are primarily rent to own homes in Black Hawk County, IA:
Waterloo is located approximately 50 miles north of Cedar Rapids in northeastern Iowa. This region is within a two-hour drive of Des Moines and approximately 90 minutes from Dubuque. Cedar Falls is less than 10 miles to the north, so many residents consider that area an extended portion of their city. There were nearly 70,000 residents living in... Read More
Waterloo is located approximately 50 miles north of Cedar Rapids in northeastern Iowa. This region is within a two-hour drive of Des Moines and approximately 90 minutes from Dubuque. Cedar Falls is less than 10 miles to the north, so many residents consider that area an extended portion of their city. There were nearly 70,000 residents living in the city in 2014, and many of them are attracted to the city's low cost of living and reasonable housing prices. In some instances, housing prices will drop more than 50 percent below the national average.
Some of the first major employers to move into the Waterloo area included the Waterloo Gasoline Traction Engine Company, the Waterloo Herald and the Rath Packing Company. Today, there are a variety of employers offering jobs downtown Waterloo, throughout the city and in nearby communities. Some of the more prominent companies include John Deere, Covenant Medical Center, Tyson, Allen Memorial Hospital and the University of Northern Iowa.The below results are primarily rent to own homes in Black Hawk County, IA:
When Waterloo residents aren't at work, they have many options for entertainment, outdoor recreation and family fun. They can cool off at the Lost Island Water Park in the summer or spend the weekend camping at the Hartman Reserve Nature Center. Residents of all ages may also spend time educating themselves while having fun at the Dan Gable Wrestling Museum, the John Deere Tractor & Engine Museum or the Cedar Falls Historical Society.
Buying vs Rent to Own Homes?
When you're ready to give up renting for home ownership, consider investing in a rent-to-own home. These properties allow you to rent a house that you will one day buy. The rental period is a great time to strengthen your financial standing so that you can eventually qualify for a lower interest rate than you might secure today. This can dramatically reduce the total amount paid for your new home. The good news is that you're allowed to live in your new home before you actually buy it. This is a good option to consider if you intend to purchase a home in the near future but don't want to wait to move,
Waterloo, Iowa, residents have a little bit of everything. The city is home to a growing list of prominent employers as well as a water park and an impressive list of family-friendly parks. There are some museums and historical destinations in town with even more in the surrounding area. When you add that the cost of housing is substantially lower than the national average and that the overall cost of living is reasonable, you may understand why the city is now home to almost 70,000 people. It also helps that multiple large cities are within a two-hour drive of Waterloo.
Summary
Waterloo, Iowa, residents have a little bit of everything. The city is home to a growing list of prominent employers as well as a water park and an impressive list of family-friendly parks. There are some museums and historical destinations in town with even more in the surrounding area. When you add that the cost of housing is substantially lower than the national average and that the overall cost of living is reasonable, you may understand why the city is now home to almost 70,000 people. It also helps that multiple large cities are within a two-hour drive of Waterloo.
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