Cambridge, IA Real Estate
According to census data in the year 2000 there were 329 housing units in Cambridge.
This represents a 14.2% growth from 288 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 329 were located in what is classified as a rural area.
Homeownership rate in Cambridge is about 87.5%.
Cambridge's vacancy rate, including seasonal lodging, is about 5.2%.
Average household size is 2.62 people.
The majority of houses, apartments or condos in Cambridge were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4.90% |
| Two Bedrooms | 29.50% |
| Three Bedrooms | 50.80% |
| Four Bedrooms | 12.80% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.61 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $83,800 |
| Median Price asked for vacant units | $65,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.67 |
| Median year structure was built | 1946 |
| Median Monthly Rent asked for vacant units | $475 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.80% |
| Home Equity Loan | 4.30% |
| Simple Mortgage | 64.30% |
| Debt Free | 26.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.7% |
