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.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.80% |
| One Bedroom | 8.10% |
| Two Bedrooms | 32.10% |
| Three Bedrooms | 45.90% |
| Four Bedrooms | 10% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.81 |
| Median year structure was built | 1988 |
| Median Value of occupied units | $85,900 |
| Median Price asked for vacant units | $76,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.02 |
| Median year structure was built | 1983 |
| Median Monthly Rent asked for vacant units | $232 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.20% |
| Home Equity Loan | 0% |
| Simple Mortgage | 64% |
| Debt Free | 32.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.9% |
