Pelican Rapids, MN Real Estate
According to census data in the year 2000 there were 958 housing units in Pelican Rapids.
This represents a 13.5% growth from 844 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 958 were located in what is classified as a rural area.
Homeownership rate in Pelican Rapids is about 62.3%.
Pelican Rapids's vacancy rate, including seasonal lodging, is about 8.1%.
Average household size is 2.58 people.
The majority of houses, apartments or condos in Pelican Rapids were built after 1960.
|Housing Units by Size|
|Five Bedrooms or more||2.40%|
Owned Homes, Apartments and Condos
|Average Household Size||2.66|
|Median year structure was built||1956|
|Median Value of occupied units||$69,700|
|Median Price asked for vacant units||$53,100|
Rented Homes, Apartments and Condos
|Average Household Size||2.46|
|Median year structure was built||1972|
|Median Monthly Rent asked for vacant units||$363|
Owners Finance Status
|Second Mortgage & Equity Loan||0.50%|
|Home Equity Loan||5.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.3%|