Monmouth, OR Real Estate
According to census data in the year 2000 there were 2,959 housing units in Monmouth.
This represents a 30.2% growth from 2,272 in 1990.
Of those housing units, 2,959 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Monmouth is about 46.2%.
Monmouth's vacancy rate, including seasonal lodging, is about 6%.
Average household size is 2.5 people.
The majority of houses, apartments or condos in Monmouth were built after 1975.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.50% |
| One Bedroom | 15.40% |
| Two Bedrooms | 31.10% |
| Three Bedrooms | 36.30% |
| Four Bedrooms | 11.50% |
| Five Bedrooms or more | 3.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.77 |
| Median year structure was built | 1975 |
| Median Value of occupied units | $137,300 |
| Median Price asked for vacant units | $110,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.26 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $595 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.90% |
| Second Mortgage | 6.30% |
| Home Equity Loan | 7.90% |
| Simple Mortgage | 65.90% |
| Debt Free | 19.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21% |
