St. Louis, MI Real Estate
According to census data in the year 2000 there were 1,562 housing units in St. Louis.
This represents a 0.5% growth from 1,554 in 1990.
Of those housing units, 1,493 were located in either urbanized areas or urban clusters, and 69 were located in what is classified as a rural area.
Homeownership rate in St. Louis is about 69.6%.
St. Louis's vacancy rate, including seasonal lodging, is about 6.8%.
Average household size is 2.36 people.
The majority of houses, apartments or condos in St. Louis were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.10% |
| One Bedroom | 14.10% |
| Two Bedrooms | 34.70% |
| Three Bedrooms | 39.10% |
| Four Bedrooms | 11.10% |
| Five Bedrooms or more | 1% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $63,100 |
| Median Price asked for vacant units | $47,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.01 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $394 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.30% |
| Home Equity Loan | 8% |
| Simple Mortgage | 46.90% |
| Debt Free | 42.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.1% |
