Montpelier, ND Real Estate
According to census data in the year 2000 there were 49 housing units in Montpelier.
This represents a 22.5% growth from 40 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 49 were located in what is classified as a rural area.
Homeownership rate in Montpelier is about 95.7%.
Montpelier's vacancy rate, including seasonal lodging, is about 4.1%.
Average household size is 1.77 people.
The majority of houses, apartments or condos in Montpelier were built after 1944.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 12.20% |
| Two Bedrooms | 34.70% |
| Three Bedrooms | 44.90% |
| Four Bedrooms | 8.20% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.8 |
| Median year structure was built | 1944 |
| Median Value of occupied units | $12,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1 |
| Median year structure was built | 1945 |
| Median Monthly Rent asked for vacant units | $99 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 16.70% |
| Debt Free | 83.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 11.3% |
