Rancho Palos Verdes, CA Real Estate
According to census data in the year 2000 there were 15,669 housing units in Rancho Palos Verdes.
This represents a 1.3% growth from 15,468 in 1990.
Of those housing units, 15,669 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Rancho Palos Verdes is about 81.9%.
Rancho Palos Verdes's vacancy rate, including seasonal lodging, is about 2.8%.
Average household size is 2.68 people.
The majority of houses, apartments or condos in Rancho Palos Verdes were built after 1966.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 5.10% |
| Two Bedrooms | 14.80% |
| Three Bedrooms | 31.90% |
| Four Bedrooms | 37.10% |
| Five Bedrooms or more | 10.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.67 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $560,500 |
| Median Price asked for vacant units | $457,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.73 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $1,240 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 7.40% |
| Home Equity Loan | 8.80% |
| Simple Mortgage | 56.20% |
| Debt Free | 27.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.8% |
