Lowell, OR Real Estate
According to census data in the year 2000 there were 346 housing units in Lowell.
This represents a 20.1% growth from 288 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 346 were located in what is classified as a rural area.
Homeownership rate in Lowell is about 74%.
Lowell's vacancy rate, including seasonal lodging, is about 7.8%.
Average household size is 2.69 people.
The majority of houses, apartments or condos in Lowell were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.70% |
| One Bedroom | 6.90% |
| Two Bedrooms | 28.30% |
| Three Bedrooms | 51.70% |
| Four Bedrooms | 10.40% |
| Five Bedrooms or more | 0.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.81 |
| Median year structure was built | 1976 |
| Median Value of occupied units | $101,300 |
| Median Price asked for vacant units | $100,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.33 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $475 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.90% |
| Second Mortgage | 12.30% |
| Home Equity Loan | 1.30% |
| Simple Mortgage | 63% |
| Debt Free | 21.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.1% |
