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Rensselaer, NY Real Estate


According to census data in the year 2000 there were 3,726 housing units in Rensselaer. This represents a 2% growth from 3,652 in 1990.

Of those housing units, 3,726 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Rensselaer is about 49.1%. Rensselaer's vacancy rate, including seasonal lodging, is about 8.7%. Average household size is 2.28 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type1.60%
One Bedroom18.10%
Two Bedrooms34.70%
Three Bedrooms32.40%
Four Bedrooms11.10%
Five Bedrooms or more2%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.57
Median year structure was built1939
Median Value of occupied units$83,700
Median Price asked for vacant units$73,800

Rented Homes, Apartments and Condos

Average Household Size2
Median year structure was built1946
Median Monthly Rent asked for vacant units$439

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.10%
Home Equity Loan8.90%
Simple Mortgage57.60%
Debt Free32.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.2%