El Cerro-Monterey Park, NM Real Estate

According to census data in the year 2000 there were 1,623 housing units in El Cerro-Monterey Park.

Of those housing units, 1,412 were located in either urbanized areas or urban clusters, and 211 were located in what is classified as a rural area.

Homeownership rate in El Cerro-Monterey Park is about 89.9%. El Cerro-Monterey Park's vacancy rate, including seasonal lodging, is about 8.1%. Average household size is 3.73 people.

The majority of houses, apartments or condos in El Cerro-Monterey Park were built after 1988.


Housing Size

Housing Units by Size
Studio Type3.80%
One Bedroom8.10%
Two Bedrooms32.10%
Three Bedrooms45.90%
Four Bedrooms10%
Five Bedrooms or more0%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.81
Median year structure was built1988
Median Value of occupied units$85,900
Median Price asked for vacant units$76,700

Rented Homes, Apartments and Condos

Average Household Size3.02
Median year structure was built1983
Median Monthly Rent asked for vacant units$232

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.20%
Home Equity Loan0%
Simple Mortgage64%
Debt Free32.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.9%