Monrovia, CA Real Estate
According to census data in the year 2000 there were 13,929 housing units in Monrovia.
This represents a 0.1% decline from 13,944 in 1990.
Of those housing units, 13,887 were located in either urbanized areas or urban clusters, and 42 were located in what is classified as a rural area.
Homeownership rate in Monrovia is about 48%.
Monrovia's vacancy rate, including seasonal lodging, is about 3.2%.
Average household size is 2.71 people.
The majority of houses, apartments or condos in Monrovia were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 5.40% |
| One Bedroom | 21.20% |
| Two Bedrooms | 38.50% |
| Three Bedrooms | 26.80% |
| Four Bedrooms | 6.80% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.71 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $229,600 |
| Median Price asked for vacant units | $226,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.71 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $710 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.70% |
| Second Mortgage | 11.40% |
| Home Equity Loan | 5.60% |
| Simple Mortgage | 59.80% |
| Debt Free | 22.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23.1% |
