Ridgeway Towers, Waterloo, IA
Ridgeway Towers — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Ridgeway Towers, Waterloo, Iowa. Explore the cited sources and local facts below while agent underwriting continues.
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Ridgeway Towers Neighborhood Overview
Ridgeway Towers is a residential neighborhood in Waterloo, Iowa, offering a convenient and established living environment. Centered in the 50701 ZIP code, it provides residents with a central location within the city. The area is characterized by its practical accessibility to urban amenities.
Lifestyle & Amenities
Residents of Ridgeway Towers enjoy proximity to essential services and retail options along nearby major corridors. The neighborhood's central position allows for easy trips to shopping, dining, and everyday errands. While specific parks are not detailed, the wider Waterloo area offers recreational facilities within a short drive.
Real Estate Market
The real estate in Ridgeway Towers consists primarily of multi-family residential buildings, as suggested by the neighborhood's name. The census data for the area shows a median home value of $173,500, which is generally affordable for the region. This market appeals to those seeking value and a low-maintenance lifestyle in a central location.
Schools & Education
Schools serving the Ridgeway Towers area are part of the Waterloo Community School District. Families in the neighborhood have access to the district's range of public educational institutions. For specific school assignments, families should consult the district's current boundary maps.
Transportation & Connectivity
Ridgeway Towers benefits from excellent connectivity via major roads like US Highway 63 and nearby US Highway 218, facilitating regional travel. The neighborhood's urban setting makes most daily destinations easily reachable by car. Public transit options are available through the Metropolitan Transit Authority of Black Hawk County.
Why Choose Ridgeway Towers
Ridgeway Towers is an ideal choice for individuals or small households seeking an affordable, centrally located home in Waterloo. The neighborhood offers the practicality of multi-family living with straightforward access to the city's commercial centers. Its combination of value and convenience makes it a solid, no-fuss option for many residents.
Ridgeway Towers Market Data
| Metric | Value |
|---|---|
| Median Home Price | $174K |
| Median Gross Rent | $839/mo |
| Median Household Income | $60K |
| Homeownership Rate | 65.1% |
| Renter-Occupied | 34.9% |
| Rental Vacancy Rate | 4.5% |
| Market Type | Balanced |
| Market Tier | Affordable |
| Primary ZIP Code | 50701 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 87,047 |
| VA Loan Originations | 3,592 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $245K |
| Conventional Loan Originations | 77,690 |
| FHA Loan Originations | 5,765 |
Top Real Estate Agents in Ridgeway Towers, Waterloo
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Ridgeway Towers, Waterloo, IA. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Iowa Real Estate Commission — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15