Home

Lowell, OR Real Estate


According to census data in the year 2000 there were 346 housing units in Lowell. This represents a 20.1% growth from 288 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 346 were located in what is classified as a rural area.

Homeownership rate in Lowell is about 74%. Lowell's vacancy rate, including seasonal lodging, is about 7.8%. Average household size is 2.69 people.

The majority of houses, apartments or condos in Lowell were built after 1974.

Statistics

Housing Size

Housing Units by Size
Studio Type1.70%
One Bedroom6.90%
Two Bedrooms28.30%
Three Bedrooms51.70%
Four Bedrooms10.40%
Five Bedrooms or more0.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.81
Median year structure was built1976
Median Value of occupied units$101,300
Median Price asked for vacant units$100,000

Rented Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1971
Median Monthly Rent asked for vacant units$475

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.90%
Second Mortgage12.30%
Home Equity Loan1.30%
Simple Mortgage63%
Debt Free21.40%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs21.1%