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Rutland, IL Real Estate


According to census data in the year 2000 there were 168 housing units in Rutland. This represents a 0.6% growth from 167 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 168 were located in what is classified as a rural area.

Homeownership rate in Rutland is about 85.1%. Rutland's vacancy rate, including seasonal lodging, is about 11.9%. Average household size is 2.33 people.

The majority of houses, apartments or condos in Rutland were built after 1952.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom8.30%
Two Bedrooms42.90%
Three Bedrooms34.50%
Four Bedrooms8.90%
Five Bedrooms or more5.40%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.27
Median year structure was built1945
Median Value of occupied units$44,600
Median Price asked for vacant units$32,500

Rented Homes, Apartments and Condos

Average Household Size2.68
Median year structure was built1973

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.30%
Home Equity Loan3.50%
Simple Mortgage41.20%
Debt Free50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13%