Rapids, NY Real Estate

According to census data in the year 2000 there were 563 housing units in Rapids. This represents a 19.3% growth from 472 in 1990.

Of those housing units, 402 were located in either urbanized areas or urban clusters, and 161 were located in what is classified as a rural area.

Homeownership rate in Rapids is about 90.4%. Rapids's vacancy rate, including seasonal lodging, is about 5.7%. Average household size is 2.59 people.

The majority of houses, apartments or condos in Rapids were built after 1982.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom4.60%
Two Bedrooms27.50%
Three Bedrooms56.30%
Four Bedrooms9.90%
Five Bedrooms or more1.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.54
Median year structure was built1982
Median Value of occupied units$97,300

Rented Homes, Apartments and Condos

Average Household Size3.04
Median year structure was built1990

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.90%
Home Equity Loan12.70%
Simple Mortgage57.10%
Debt Free26.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs23.6%