Isla Vista, CA Real Estate
According to census data in the year 2000 there were 5,262 housing units in Isla Vista.
This represents a 4.6% decline from 5,513 in 1990.
Of those housing units, 5,262 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Isla Vista is about 4.5%.
Isla Vista's vacancy rate, including seasonal lodging, is about 2%.
Average household size is 2.97 people.
The majority of houses, apartments or condos in Isla Vista were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 14.70% |
| One Bedroom | 36.70% |
| Two Bedrooms | 34.50% |
| Three Bedrooms | 10.40% |
| Four Bedrooms | 2.70% |
| Five Bedrooms or more | 1.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.64 |
| Median year structure was built | 1985 |
| Median Value of occupied units | $402,400 |
| Median Price asked for vacant units | $450,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.99 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $746 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.40% |
| Home Equity Loan | 17.60% |
| Simple Mortgage | 50.30% |
| Debt Free | 27.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 24.7% |
