Moreno Valley, CA Real Estate
According to census data in the year 2000 there were 41,462 housing units in Moreno Valley.
This represents a 9.3% growth from 37,945 in 1990.
Of those housing units, 41,093 were located in either urbanized areas or urban clusters, and 369 were located in what is classified as a rural area.
Homeownership rate in Moreno Valley is about 71.3%.
Moreno Valley's vacancy rate, including seasonal lodging, is about 5.4%.
Average household size is 3.62 people.
The majority of houses, apartments or condos in Moreno Valley were built after 1985.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 5.40% |
| One Bedroom | 7.90% |
| Two Bedrooms | 16.20% |
| Three Bedrooms | 37.80% |
| Four Bedrooms | 28.20% |
| Five Bedrooms or more | 4.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.62 |
| Median year structure was built | 1985 |
| Median Value of occupied units | $118,900 |
| Median Price asked for vacant units | $104,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.62 |
| Median year structure was built | 1983 |
| Median Monthly Rent asked for vacant units | $631 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 17.90% |
| Home Equity Loan | 4.80% |
| Simple Mortgage | 70% |
| Debt Free | 6.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 24.6% |
