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Rutland, VT Real Estate


According to census data in the year 2000 there were 7,919 housing units in Rutland. This represents a 2% decline from 8,083 in 1990.

Of those housing units, 7,919 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Rutland is about 53.5%. Rutland's vacancy rate, including seasonal lodging, is about 5.9%. Average household size is 2.22 people.

The majority of houses, apartments or condos in Rutland were built after 1941.

Statistics

Housing Size

Housing Units by Size
Studio Type1.80%
One Bedroom17.90%
Two Bedrooms26.20%
Three Bedrooms35.90%
Four Bedrooms14.50%
Five Bedrooms or more3.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1944
Median Value of occupied units$89,300
Median Price asked for vacant units$81,600

Rented Homes, Apartments and Condos

Average Household Size2.02
Median year structure was built1939
Median Monthly Rent asked for vacant units$525

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.30%
Home Equity Loan8.40%
Simple Mortgage47.90%
Debt Free40.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs20.1%