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Monrovia, CA Real Estate


According to census data in the year 2000 there were 13,929 housing units in Monrovia. This represents a 0.1% decline from 13,944 in 1990.

Of those housing units, 13,887 were located in either urbanized areas or urban clusters, and 42 were located in what is classified as a rural area.

Homeownership rate in Monrovia is about 48%. Monrovia's vacancy rate, including seasonal lodging, is about 3.2%. Average household size is 2.71 people.

The majority of houses, apartments or condos in Monrovia were built after 1957.

Statistics

Housing Size

Housing Units by Size
Studio Type5.40%
One Bedroom21.20%
Two Bedrooms38.50%
Three Bedrooms26.80%
Four Bedrooms6.80%
Five Bedrooms or more1.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.71
Median year structure was built1953
Median Value of occupied units$229,600
Median Price asked for vacant units$226,600

Rented Homes, Apartments and Condos

Average Household Size2.71
Median year structure was built1961
Median Monthly Rent asked for vacant units$710

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.70%
Second Mortgage11.40%
Home Equity Loan5.60%
Simple Mortgage59.80%
Debt Free22.40%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs23.1%