Cleveland, MN Real Estate
According to census data in the year 2000 there were 253 housing units in Cleveland.
This represents a 4.5% growth from 242 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 253 were located in what is classified as a rural area.
Homeownership rate in Cleveland is about 81.5%.
Cleveland's vacancy rate, including seasonal lodging, is about 1.6%.
Average household size is 2.67 people.
The majority of houses, apartments or condos in Cleveland were built after 1969.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 6.30% |
| Two Bedrooms | 23.30% |
| Three Bedrooms | 44.70% |
| Four Bedrooms | 22.10% |
| Five Bedrooms or more | 3.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.96 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $89,000 |
| Median Price asked for vacant units | $225,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.39 |
| Median year structure was built | 1972 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.10% |
| Second Mortgage | 7.50% |
| Home Equity Loan | 11.20% |
| Simple Mortgage | 49.70% |
| Debt Free | 30.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.9% |
