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Mt. Rainier, MD Real Estate


According to census data in the year 2000 there were 3,736 housing units in Mt. Rainier. This represents a 4.2% growth from 3,586 in 1990.

Of those housing units, 3,736 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Mt. Rainier is about 27.2%. Mt. Rainier's vacancy rate, including seasonal lodging, is about 7.3%. Average household size is 2.44 people.

The majority of houses, apartments or condos in Mt. Rainier were built after 1954.

Statistics

Housing Size

Housing Units by Size
Studio Type11.80%
One Bedroom36.30%
Two Bedrooms28.80%
Three Bedrooms13.20%
Four Bedrooms6.30%
Five Bedrooms or more3.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.21
Median year structure was built1942
Median Value of occupied units$111,200
Median Price asked for vacant units$106,900

Rented Homes, Apartments and Condos

Average Household Size2.16
Median year structure was built1957
Median Monthly Rent asked for vacant units$643

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.10%
Second Mortgage14.40%
Home Equity Loan5.30%
Simple Mortgage64.20%
Debt Free15.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs25%