St. Louis Park, MN Real Estate
According to census data in the year 2000 there were 21,123 housing units in St. Louis Park.
This represents a 2.2% growth from 20,678 in 1990.
Of those housing units, 21,123 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in St. Louis Park is about 63.5%.
St. Louis Park's vacancy rate, including seasonal lodging, is about 1.6%.
Average household size is 2.08 people.
The majority of houses, apartments or condos in St. Louis Park were built after 1958.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.60% |
| One Bedroom | 22.40% |
| Two Bedrooms | 32.90% |
| Three Bedrooms | 32.10% |
| Four Bedrooms | 8.70% |
| Five Bedrooms or more | 1.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.26 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $135,800 |
| Median Price asked for vacant units | $119,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.77 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $619 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 8.30% |
| Home Equity Loan | 10.60% |
| Simple Mortgage | 56.60% |
| Debt Free | 23.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.8% |
