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Russell, MN Real Estate


According to census data in the year 2000 there were 167 housing units in Russell. This represents a 2.9% decline from 172 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 167 were located in what is classified as a rural area.

Homeownership rate in Russell is about 86.3%. Russell's vacancy rate, including seasonal lodging, is about 8.4%. Average household size is 2.48 people.

The majority of houses, apartments or condos in Russell were built after 1947.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom12.60%
Two Bedrooms31.10%
Three Bedrooms37.70%
Four Bedrooms14.40%
Five Bedrooms or more4.20%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.69
Median year structure was built1946
Median Value of occupied units$55,600
Median Price asked for vacant units$50,000

Rented Homes, Apartments and Condos

Average Household Size1.14
Median year structure was built1963
Median Monthly Rent asked for vacant units$275

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.40%
Home Equity Loan0%
Simple Mortgage52.60%
Debt Free44%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs15.1%