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Gilbert, MN Real Estate


According to census data in the year 2000 there were 900 housing units in Gilbert. This represents a 4.3% decline from 940 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 900 were located in what is classified as a rural area.

Homeownership rate in Gilbert is about 81.4%. Gilbert's vacancy rate, including seasonal lodging, is about 6.4%. Average household size is 2.19 people.

The majority of houses, apartments or condos in Gilbert were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type1.60%
One Bedroom14.60%
Two Bedrooms28%
Three Bedrooms38.60%
Four Bedrooms16.40%
Five Bedrooms or more0.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1939
Median Value of occupied units$46,100
Median Price asked for vacant units$32,500

Rented Homes, Apartments and Condos

Average Household Size1.59
Median year structure was built1951
Median Monthly Rent asked for vacant units$325

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0.30%
Home Equity Loan4.80%
Simple Mortgage41.20%
Debt Free53.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs12.3%