Rancho Santa Margarita, CA Real Estate
According to census data in the year 2000 there were 16,639 housing units in Rancho Santa Margarita.
This represents a 236.1% growth from 4,951 in 1990.
Of those housing units, 16,639 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 Santa Margarita is about 77.9%.
Rancho Santa Margarita's vacancy rate, including seasonal lodging, is about 2%.
Average household size is 2.93 people.
The majority of houses, apartments or condos in Rancho Santa Margarita were built after 1993.
|Housing Units by Size|
|Five Bedrooms or more||5.90%|
Owned Homes, Apartments and Condos
|Average Household Size||3.12|
|Median year structure was built||1992|
|Median Value of occupied units||$280,700|
|Median Price asked for vacant units||$272,800|
Rented Homes, Apartments and Condos
|Average Household Size||2.23|
|Median year structure was built||1993|
|Median Monthly Rent asked for vacant units||$1,069|
Owners Finance Status
|Second Mortgage & Equity Loan||0.70%|
|Home Equity Loan||10.80%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||26.3%|