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Palm Springs, FL Real Estate


According to census data in the year 2000 there were 5,946 housing units in Palm Springs. This represents a 9.5% growth from 5,431 in 1990.

Of those housing units, 5,946 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Palm Springs is about 64.7%. Palm Springs's vacancy rate, including seasonal lodging, is about 13.1%. Average household size is 2.29 people.

The majority of houses, apartments or condos in Palm Springs were built after 1976.

Statistics

Housing Size

Housing Units by Size
Studio Type3.90%
One Bedroom24.90%
Two Bedrooms44.70%
Three Bedrooms20.60%
Four Bedrooms5.60%
Five Bedrooms or more0.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.28
Median year structure was built1975
Median Value of occupied units$80,800
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size2.3
Median year structure was built1978
Median Monthly Rent asked for vacant units$623

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage5.40%
Home Equity Loan6.30%
Simple Mortgage61.30%
Debt Free26.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.5%