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Miles City, MT Real Estate


According to census data in the year 2000 there were 3,880 housing units in Miles City. This represents a 3.1% decline from 4,006 in 1990.

Of those housing units, 3,880 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Miles City is about 68%. Miles City's vacancy rate, including seasonal lodging, is about 8.9%. Average household size is 2.3 people.

The majority of houses, apartments or condos in Miles City were built after 1956.

Statistics

Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom14.10%
Two Bedrooms28%
Three Bedrooms29.40%
Four Bedrooms19.90%
Five Bedrooms or more6.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.5
Median year structure was built1956
Median Value of occupied units$62,500
Median Price asked for vacant units$43,800

Rented Homes, Apartments and Condos

Average Household Size1.88
Median year structure was built1956
Median Monthly Rent asked for vacant units$309

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage8.30%
Home Equity Loan7.90%
Simple Mortgage40%
Debt Free43.40%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.1%