Cambridge, MN Real Estate
According to census data in the year 2000 there were 2,364 housing units in Cambridge.
This represents a 21.2% growth from 1,950 in 1990.
Of those housing units, 2,214 were located in either urbanized areas or urban clusters, and 150 were located in what is classified as a rural area.
Homeownership rate in Cambridge is about 63%.
Cambridge's vacancy rate, including seasonal lodging, is about 6%.
Average household size is 2.28 people.
The majority of houses, apartments or condos in Cambridge were built after 1976.
|Housing Units by Size|
|Five Bedrooms or more||2.70%|
Owned Homes, Apartments and Condos
|Average Household Size||2.53|
|Median year structure was built||1974|
|Median Value of occupied units||$100,200|
Rented Homes, Apartments and Condos
|Average Household Size||1.87|
|Median year structure was built||1979|
|Median Monthly Rent asked for vacant units||$946|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||5.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.3%|