Montrose, IL Real Estate
According to census data in the year 2000 there were 115 housing units in Montrose.
This represents a 3.6% growth from 111 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 115 were located in what is classified as a rural area.
Homeownership rate in Montrose is about 77.7%.
Montrose's vacancy rate, including seasonal lodging, is about 10.4%.
Average household size is 2.26 people.
The majority of houses, apartments or condos in Montrose were built after 1949.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 6.10% |
| Two Bedrooms | 42.60% |
| Three Bedrooms | 44.30% |
| Four Bedrooms | 3.50% |
| Five Bedrooms or more | 3.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1945 |
| Median Value of occupied units | $51,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2 |
| Median year structure was built | 1964 |
| Median Monthly Rent asked for vacant units | $99 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.50% |
| Home Equity Loan | 0% |
| Simple Mortgage | 35.50% |
| Debt Free | 58.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.5% |
