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Cambridge, NE Real Estate


According to census data in the year 2000 there were 549 housing units in Cambridge. This represents a 4.4% growth from 526 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 549 were located in what is classified as a rural area.

Homeownership rate in Cambridge is about 71.3%. Cambridge's vacancy rate, including seasonal lodging, is about 11.7%. Average household size is 2.16 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom15.10%
Two Bedrooms31.30%
Three Bedrooms31.10%
Four Bedrooms17.50%
Five Bedrooms or more4.90%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.25
Median year structure was built1939
Median Value of occupied units$37,800
Median Price asked for vacant units$30,000

Rented Homes, Apartments and Condos

Average Household Size1.96
Median year structure was built1967
Median Monthly Rent asked for vacant units$250

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.20%
Home Equity Loan0%
Simple Mortgage39.70%
Debt Free58.20%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs16.6%