Rainsville, AL Real Estate
According to census data in the year 2000 there were 1,980 housing units in Rainsville.
This represents a 21.5% growth from 1,629 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 1,980 were located in what is classified as a rural area.
Homeownership rate in Rainsville is about 79.3%.
Rainsville's vacancy rate, including seasonal lodging, is about 7.4%.
Average household size is 2.43 people.
The majority of houses, apartments or condos in Rainsville were built after 1978.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 5.40% |
| Two Bedrooms | 23.20% |
| Three Bedrooms | 59.80% |
| Four Bedrooms | 9.30% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.45 |
| Median year structure was built | 1979 |
| Median Value of occupied units | $75,400 |
| Median Price asked for vacant units | $47,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.32 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $332 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.20% |
| Home Equity Loan | 4.20% |
| Simple Mortgage | 43.90% |
| Debt Free | 47.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.7% |
