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Borup, MN Real Estate


According to census data in the year 2000 there were 51 housing units in Borup. This represents a 10.5% decline from 57 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 51 were located in what is classified as a rural area.

Homeownership rate in Borup is about 79.4%. Borup's vacancy rate, including seasonal lodging, is about 33.3%. Average household size is 2.65 people.

The majority of houses, apartments or condos in Borup were built after 1944.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom3.90%
Two Bedrooms23.50%
Three Bedrooms60.80%
Four Bedrooms7.80%
Five Bedrooms or more3.90%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.89
Median year structure was built1943
Median Value of occupied units$23,500
Median Price asked for vacant units$12,500

Rented Homes, Apartments and Condos

Average Household Size1.71
Median year structure was built1953
Median Monthly Rent asked for vacant units$344

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage66.70%
Debt Free33.30%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs13%