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Rolla, ND Real Estate


According to census data in the year 2000 there were 647 housing units in Rolla. This represents a 5.5% growth from 613 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 647 were located in what is classified as a rural area.

Homeownership rate in Rolla is about 64.2%. Rolla's vacancy rate, including seasonal lodging, is about 8.3%. Average household size is 2.32 people.

The majority of houses, apartments or condos in Rolla were built after 1968.

Statistics

Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom12.70%
Two Bedrooms32%
Three Bedrooms35.90%
Four Bedrooms14.10%
Five Bedrooms or more4.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1966
Median Value of occupied units$54,000
Median Price asked for vacant units$70,000

Rented Homes, Apartments and Condos

Average Household Size2.17
Median year structure was built1971
Median Monthly Rent asked for vacant units$288

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3%
Home Equity Loan0%
Simple Mortgage39.90%
Debt Free57.10%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs12.5%