Eaton Rapids, MI Real Estate
According to census data in the year 2000 there were 2,180 housing units in Eaton Rapids.
This represents a 16.5% growth from 1,872 in 1990.
Of those housing units, 2,180 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Eaton Rapids is about 68.4%.
Eaton Rapids's vacancy rate, including seasonal lodging, is about 5.5%.
Average household size is 2.52 people.
The majority of houses, apartments or condos in Eaton Rapids were built after 1953.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 14.40% |
| Two Bedrooms | 25.60% |
| Three Bedrooms | 44.60% |
| Four Bedrooms | 11.40% |
| Five Bedrooms or more | 2.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.66 |
| Median year structure was built | 1950 |
| Median Value of occupied units | $90,900 |
| Median Price asked for vacant units | $132,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.22 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $475 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.60% |
| Home Equity Loan | 9.40% |
| Simple Mortgage | 59.70% |
| Debt Free | 26.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.3% |
