Okemos, MI Real Estate

According to census data in the year 2000 there were 9,597 housing units in Okemos. This represents a 20.6% growth from 7,961 in 1990.

Of those housing units, 9,538 were located in either urbanized areas or urban clusters, and 59 were located in what is classified as a rural area.

Homeownership rate in Okemos is about 64.7%. Okemos's vacancy rate, including seasonal lodging, is about 4.2%. Average household size is 2.43 people.

The majority of houses, apartments or condos in Okemos were built after 1977.


Housing Size

Housing Units by Size
Studio Type2.10%
One Bedroom12.40%
Two Bedrooms26.10%
Three Bedrooms29.70%
Four Bedrooms25.70%
Five Bedrooms or more4.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.73
Median year structure was built1977
Median Value of occupied units$176,000
Median Price asked for vacant units$163,900

Rented Homes, Apartments and Condos

Average Household Size1.87
Median year structure was built1977
Median Monthly Rent asked for vacant units$706

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.60%
Home Equity Loan13.10%
Simple Mortgage57.20%
Debt Free24.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.6%