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Alvarado, MN Real Estate


According to census data in the year 2000 there were 171 housing units in Alvarado. This represents a 0% decline from 171 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 171 were located in what is classified as a rural area.

Homeownership rate in Alvarado is about 82.7%. Alvarado's vacancy rate, including seasonal lodging, is about 22.2%. Average household size is 2.57 people.

The majority of houses, apartments or condos in Alvarado were built after 1970.

Statistics

Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom18.10%
Two Bedrooms33.90%
Three Bedrooms35.10%
Four Bedrooms8.20%
Five Bedrooms or more3.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.66
Median year structure was built1968
Median Value of occupied units$61,300
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size2.13
Median year structure was built1974
Median Monthly Rent asked for vacant units$236

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.40%
Home Equity Loan7.20%
Simple Mortgage42.20%
Debt Free48.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.1%