Best Residential Areas to Live in Waterloo, Monroe IL



Best Residential Areas to Live in Waterloo, Monroe IL

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Waterloo, a charming city in Monroe County, Illinois, offers a vibrant community with a rich history, beautiful parks, and a family-friendly atmosphere. With its close proximity to St. Louis, Waterloo is an ideal location for those seeking a blend of suburban tranquility and city convenience. This article explores the best residential areas in Waterloo, highlighting their characteristics, amenities, housing options, and average prices.

Table of Contents



    Downtown Waterloo



    Downtown Waterloo

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    Downtown Waterloo is the cultural and social hub of the city with a variety of dining, shopping, and entertainment options. It is perfect for those who enjoy a lively atmosphere with easy access to amenities.



    Characteristics of the Downtown Waterloo

    * Culture: Local art festivals, historic buildings, and vibrant nightlife

    * Transportation: Public transport available; walking-friendly

    * Services: Restaurants, cafes, boutiques, and community centers

    * Environment: Bustling and community-oriented


    Housing Options in the Downtown Waterloo

    Apartments, Townhouses, Historic homes


    Average Home Prices in the Downtown Waterloo

    * Buying: $150,000 – $250,000

    * Renting: $1,000 – $1,500/month



    Waterloo Heights



    Waterloo Heights

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    Waterloo Heights is a peaceful, residential neighborhood known for its spacious lots and family-friendly environment. This area is particularly popular among families looking for a suburban lifestyle.



    Characteristics of the Waterloo Heights

    * Culture: Community parks, family events

    * Transportation: Car recommended, close to major roads

    * Services: Grocery stores, schools, parks

    * Environment: Quiet and family-friendly


    Housing Options in the Waterloo Heights

    Single-family homes, Ranch-style homes


    Average Home Prices in the Waterloo Heights

    * Buying: $200,000 – $300,000

    * Renting: $1,200 – $1,800/month



    Schmidt Manor



    Schmidt Manor

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    Schmidt Manor is a well-established neighborhood known for its tree-lined streets and community vibe. Residents often enjoy organized neighborhood events and gatherings.



    Characteristics of the Schmidt Manor

    * Culture: Strong sense of community, local events

    * Transportation: Accessible public transport, bike-friendly

    * Services: Nearby schools, shopping centers, parks

    * Environment: Friendly and inviting


    Housing Options in the Schmidt Manor

    Colonial homes, Split-level homes


    Average Home Prices in the Schmidt Manor

    * Buying: $180,000 – $250,000

    * Renting: $1,050 – $1,400/month



    Cedar Creek



    Cedar Creek

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    Cedar Creek is known for its newer developments and modern amenities. This neighborhood appeals to younger families and professionals looking for a contemporary lifestyle.



    Characteristics of the Cedar Creek

    * Culture: New construction, active lifestyle

    * Transportation: Car necessary, close to highways

    * Services: Modern shopping, dining options, recreational facilities

    * Environment: Dynamic and growing


    Housing Options in the Cedar Creek

    New single-family homes, Duplexes


    Average Home Prices in the Cedar Creek

    * Buying: $220,000 – $320,000

    * Renting: $1,300 – $1,900/month



    Waterloo Park Area



    Waterloo Park Area

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    The Waterloo Park area features homes near open green spaces and playgrounds, making it an excellent choice for families with children and outdoor enthusiasts.



    Characteristics of the Waterloo Park Area

    * Culture: Outdoor activities, family-friendly

    * Transportation: Walking paths, biking trails

    * Services: Playgrounds, local sports facilities, schools

    * Environment: Active and vibrant


    Housing Options in the Waterloo Park Area

    Single-family homes, Family-oriented designs


    Average Home Prices in the Waterloo Park Area

    * Buying: $190,000 – $280,000

    * Renting: $1,100 – $1,600/month



    Pine Hill



    Pine Hill

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    Pine Hill is a tranquil enclave with scenic views and a strong sense of privacy. Perfect for those looking to escape the hustle and bustle while still enjoying community connections.



    Characteristics of the Pine Hill

    * Culture: Nature appreciation, privacy-focused

    * Transportation: Car essential, few public transport options

    * Services: Limited, mostly local shops and gas stations

    * Environment: Quiet and serene


    Housing Options in the Pine Hill

    Custom-built homes, Larger estates


    Average Home Prices in the Pine Hill

    * Buying: $250,000 – $400,000

    * Renting: $1,500 – $2,200/month



    Frequently Asked Questions About the Best Residential Areas in Waterloo:



    The best residential areas include Downtown Waterloo, Waterloo Heights, Schmidt Manor, Cedar Creek, Waterloo Park Area, and Pine Hill.

    Waterloo Heights is considered the most family-friendly area due to its spacious lots, parks, and nearby schools.

    Schmidt Manor and Cedar Creek generally offer more affordable housing options compared to other neighborhoods.

    Average rental prices in Waterloo range from $1,000 to $1,800 per month depending on the neighborhood and type of housing.

    Yes, Waterloo has several highly-rated public schools, making it an attractive choice for families.

    Waterloo has limited public transportation options; a car is recommended for better accessibility.

    The Waterloo Park Area is best for outdoor enthusiasts due to its nearby parks and recreational facilities.

    Waterloo boasts a vibrant community life with local events, festivals, and a strong sense of neighborliness in most areas.

    Cedar Creek features newer developments, including single-family homes and modern duplexes.

    Downtown Waterloo offers the best cultural amenities with restaurants, shops, and various community events.



    Conclusion on the Best Residential Areas in Waterloo:

    Waterloo offers a diverse selection of residential areas, from the bustling Downtown to the serene Pine Hill and family-friendly Waterloo Heights. Each neighborhood comes with its unique characteristics and amenities, catering to varied lifestyles and preferences. Whether you're a young professional, a growing family, or someone seeking tranquility, Waterloo has something to fit your needs. The city's excellent schools, local events, and sense of community make it an ideal place to call home. With its welcoming atmosphere and proximity to St. Louis, Waterloo provides an enriching living experience for all.

    About the Author
    Eribert De Oliveira
    Published by:Eribert De Oliveira

    Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.