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Rancho Cordova, CA Real Estate


According to census data in the year 2000 there were 21,496 housing units in Rancho Cordova. This represents a 12.7% growth from 19,072 in 1990.

Of those housing units, 21,212 were located in either urbanized areas or urban clusters, and 284 were located in what is classified as a rural area.

Homeownership rate in Rancho Cordova is about 48.7%. Rancho Cordova's vacancy rate, including seasonal lodging, is about 5.5%. Average household size is 2.67 people.

The majority of houses, apartments or condos in Rancho Cordova were built after 1973.

Statistics

Housing Size

Housing Units by Size
Studio Type4.40%
One Bedroom14.90%
Two Bedrooms30.10%
Three Bedrooms37.40%
Four Bedrooms11.70%
Five Bedrooms or more1.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.6
Median year structure was built1970
Median Value of occupied units$116,500
Median Price asked for vacant units$128,800

Rented Homes, Apartments and Condos

Average Household Size2.73
Median year structure was built1975
Median Monthly Rent asked for vacant units$586

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage13.50%
Home Equity Loan5.70%
Simple Mortgage61.60%
Debt Free18.90%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20.6%