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Montpelier, ND Real Estate


According to census data in the year 2000 there were 49 housing units in Montpelier. This represents a 22.5% growth from 40 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 49 were located in what is classified as a rural area.

Homeownership rate in Montpelier is about 95.7%. Montpelier's vacancy rate, including seasonal lodging, is about 4.1%. Average household size is 1.77 people.

The majority of houses, apartments or condos in Montpelier were built after 1944.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom12.20%
Two Bedrooms34.70%
Three Bedrooms44.90%
Four Bedrooms8.20%
Five Bedrooms or more0%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size1.8
Median year structure was built1944
Median Value of occupied units$12,500

Rented Homes, Apartments and Condos

Average Household Size1
Median year structure was built1945
Median Monthly Rent asked for vacant units$99

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage16.70%
Debt Free83.30%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs11.3%