What Airbnb listings in South Cedar Falls and University Area earn, how often they're booked, and how that compares with the rest of Waterloo, IA.

Over the past 12 months, regularly available listings in South Cedar Falls and University Area earned $17,667 on average, were booked for 51% of the nights they were open, and averaged $174 a night. The median gross yield, before expenses, is 11.6%.
Yearly revenue
$17,667
Occupancy
51%
Nightly rate
$174
Gross yield
11.6%
before expenses
Median of 21 listings
Active listings
38
South Cedar Falls and University Area averages $17,667 in trailing-year booking revenue, below Waterloo, IA at $20,859. That is despite a higher average occupancy: 51% of available nights booked versus 48% market-wide. The area's average nightly rate is $174, so booking frequency alone is not enough to evaluate its revenue. For a particular home, compare both its expected rate and booking pattern with similar listings rather than relying on occupancy alone.
Commentary uses groups of at least 20 listings. Tables may include smaller groups.
Regularly available Airbnb listings in South Cedar Falls and University Area earned an average of $17,667 over the past 12 months. That is 15% less than the Waterloo, IA average of $20,859. That is booking revenue including cleaning fees, before Airbnb fees, operating costs and taxes.
Listings in South Cedar Falls and University Area were booked for an average of 51% of the nights they were open for booking over the past 12 months. That is 3 points higher than the Waterloo, IA average of 48%. Nights a host blocked off don't count.
The average nightly rate in South Cedar Falls and University Area was $174 over the past 12 months, including cleaning fees. That is 17% lower than the Waterloo, IA average of $210.
For homes with a matched home value, the median room-revenue potential in South Cedar Falls and University Area is $30,167 a year and the median gross yield is 11.6%. Gross yield is 0.1 points higher than the Waterloo, IA median. Gross yield is measured before expenses, financing and taxes, so profit depends on what you pay for a home and what it costs to run. Analyze the exact property before you buy.
Reveal any property's Airbnb profitabilityThe table shows average yearly revenue and median gross yield for each home size, with the Waterloo, IA figure for the same size under each one.
| Bedrooms | Yearly revenue | Gross yield |
|---|---|---|
| Studio 10 listings | $8,050 Waterloo, IA: $10,052 | – |
| 2 bedrooms 7 listings | $13,185 Waterloo, IA: $18,624 | Not enough data Waterloo, IA: 11.6% |
| 3 bedrooms 14 listings | $21,434 Waterloo, IA: $22,442 | 11.2% Waterloo, IA: 11.5% |
| 4+ bedrooms 5 listings | $35,931 Waterloo, IA: $33,537 | 11.3% Waterloo, IA: 11.3% |
Every row uses the same method and data date. Nearby areas link to their own pages.
| Area | Yearly revenue | Occupancy | Nightly rate | Gross yield |
|---|---|---|---|---|
| South Cedar Falls and University Area This area 38 listings | $17,667 | 51% | $174 | 11.6% |
| Waterloo, IA market 285 listings | $20,859 | 48% | $210 | 11.5% |
| Waterloo and Surrounding Countryside 52 listings | $22,360 | 48% | $215 | 16.1% |
| Winneshiek Countryside 29 listings | $21,188 | 50% | $229 | 10.1% |
| Decorah 68 listings | $21,580 | 44% | $227 | 10.6% |
The Waterloo, IA market includes 8 areas based on local neighborhood and city boundaries. Each listing is counted in the area containing it.
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It is the average booking revenue a regularly available listing earned over the past 12 months, including cleaning fees and before Airbnb fees, operating costs and taxes. It is an estimate, not verified host payouts.
For each listing, BNBCalc divides the nights booked by the nights it was open for booking over the past 12 months, then averages the results. Nights a host blocked off are left out.
It is the average price per booked night over the past 12 months, including cleaning fees.
It estimates what a listing would earn in a year from its nightly rates if it were available all year at its expected occupancy, based on its last 12 months of bookings. It excludes cleaning fees. It is an estimate, not income a host received.
For each listing, BNBCalc divides its room-revenue potential by an estimated value for a home with the same ZIP code and bedroom count, then reports the median. It is measured before expenses, financing and taxes, so it is not profit or a full return on investment.
Yearly revenue, occupancy and nightly rate cover listings of every type and size that were open for booking at least 127 nights over the past year (38 in South Cedar Falls and University Area). Room-revenue potential and gross yield cover entire homes with one to five bedrooms that were also booked for at least 30% of their open nights and have a matched home value. BNBCalc shows no figure for an area with fewer than 5 qualifying listings.
Figures are current as of November 3, 2026 and refresh monthly.
The market page summarizes all of Waterloo, IA from a separate monthly market dataset. This page averages the individual listings in each area, so the two can differ. Use this page to compare areas with each other.
They don't include operating costs, financing, taxes, insurance or the price of a specific home, and they don't show whether short-term rentals are allowed. Check local rules and analyze the exact property before you buy.
With BNBCalc Markets, compare South Cedar Falls and University Area by bedroom count and performance level, see home prices, and browse its listings on the map.