Ruston, LA Real Estate
According to census data in the year 2000 there were 8,453 housing units in Ruston.
This represents a 10.2% growth from 7,669 in 1990.
Of those housing units, 8,179 were located in either urbanized areas or urban clusters, and 274 were located in what is classified as a rural area.
Homeownership rate in Ruston is about 47%.
Ruston's vacancy rate, including seasonal lodging, is about 9.3%.
Average household size is 2.33 people.
The majority of houses, apartments or condos in Ruston were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 17.10% |
| Two Bedrooms | 33.10% |
| Three Bedrooms | 36.60% |
| Four Bedrooms | 10.20% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1970 |
| Median Value of occupied units | $81,000 |
| Median Price asked for vacant units | $64,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.17 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $321 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5% |
| Home Equity Loan | 2.90% |
| Simple Mortgage | 50.10% |
| Debt Free | 42% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.3% |
