salaryRent is lower than in 51% of U.S. cities. A typical house costs about 3.2 years of household income. Commutes are short, about 19.8 minutes. It is a highly educated city: 58% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $65,000 a year. That is $31 an hour at a full-time job.
Is rent cheaper than other Iowa cities?
No. Rent here is more expensive than in most of Iowa. It is number 78 of 86 cities from cheapest to most expensive.
How much do households earn in Waukee?
Share of households by yearly income. 43.0% of households earn $100,000 or more.
Rent by apartment size in Waukee
| Size | Waukee | U.S. average |
|---|---|---|
| Studio | $1,180 | $1,338 |
| 1 bedroom | $1,238 | $1,324 |
| 2 bedrooms | $1,622 | $1,509 |
| 3 bedrooms | $1,983 | $1,698 |
| 4 bedrooms | $2,952 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Waukee overall?
Everyday prices in Iowa overall are 12% below the U.S. average (index 87.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Waukee, so the Iowa figure is shown.
Taxes and bills in Waukee
Life in Waukee
Is it cheaper to rent or buy in Waukee?
Renting is cheaper right now: about $807 a month less.
Owning assumes a typical $350,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $35,050 for the down payment.
Frequently asked questions
What is the average rent in Waukee, IA?
Renting in Waukee costs a median of about $1,625 a month in 2026, including utilities. The Iowa median is $1,071.
How much do I need to make to live in Waukee?
To keep rent under 30% of income, you need about $65,000 a year, or $31 an hour at a full-time job.
Is Waukee cheap or expensive?
Waukee is rated Cheap: rent takes 17.9% of the typical household income of $108,960. It ranks 78th cheapest of 86 Iowa cities we track.
How much are property taxes in Waukee?
The median homeowner in Waukee pays $5,475 a year in property taxes, about 1.56% of the median home value.
Is Waukee more expensive than the national average?
Overall prices in Iowa are 12% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Waukee?
The median home value in Waukee is $350,500, about 3.2 times the typical yearly household income.
29,236 people live in Waukee. Numbers are typical (middle) values.