New Rochelle, NY Real Estate
According to census data in the year 2000 there were 26,995 housing units in New Rochelle.
This represents a 2.3% growth from 26,398 in 1990.
Of those housing units, 26,995 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in New Rochelle is about 50.3%.
New Rochelle's vacancy rate, including seasonal lodging, is about 3%.
Average household size is 2.68 people.
The majority of houses, apartments or condos in New Rochelle were built after 1947.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.30% |
| One Bedroom | 26.10% |
| Two Bedrooms | 24.70% |
| Three Bedrooms | 21.80% |
| Four Bedrooms | 14.60% |
| Five Bedrooms or more | 8.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.9 |
| Median year structure was built | 1945 |
| Median Value of occupied units | $346,900 |
| Median Price asked for vacant units | $319,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.45 |
| Median year structure was built | 1948 |
| Median Monthly Rent asked for vacant units | $826 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 6% |
| Home Equity Loan | 9.60% |
| Simple Mortgage | 51.50% |
| Debt Free | 32.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.8% |
