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San Luis Obispo, CA Real Estate


According to census data in the year 2000 there were 19,340 housing units in San Luis Obispo. This represents a 8.2% growth from 17,877 in 1990.

Of those housing units, 19,335 were located in either urbanized areas or urban clusters, and 5 were located in what is classified as a rural area.

Homeownership rate in San Luis Obispo is about 41.8%. San Luis Obispo's vacancy rate, including seasonal lodging, is about 3.6%. Average household size is 2.27 people.

The majority of houses, apartments or condos in San Luis Obispo were built after 1972.

Statistics

Housing Size

Housing Units by Size
Studio Type7.90%
One Bedroom18.10%
Two Bedrooms34.20%
Three Bedrooms27%
Four Bedrooms10.90%
Five Bedrooms or more1.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.37
Median year structure was built1972
Median Value of occupied units$278,800
Median Price asked for vacant units$189,600

Rented Homes, Apartments and Condos

Average Household Size2.19
Median year structure was built1971
Median Monthly Rent asked for vacant units$741

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage7.20%
Home Equity Loan8%
Simple Mortgage54.10%
Debt Free30.50%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20.5%