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Cerritos, CA Real Estate


According to census data in the year 2000 there were 15,612 housing units in Cerritos. This represents a 1.6% growth from 15,364 in 1990.

Of those housing units, 15,612 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Cerritos is about 83.5%. Cerritos's vacancy rate, including seasonal lodging, is about 1.4%. Average household size is 3.34 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type2.80%
One Bedroom4.50%
Two Bedrooms12%
Three Bedrooms32.20%
Four Bedrooms41.80%
Five Bedrooms or more6.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.27
Median year structure was built1974
Median Value of occupied units$281,000
Median Price asked for vacant units$301,600

Rented Homes, Apartments and Condos

Average Household Size3.72
Median year structure was built1974
Median Monthly Rent asked for vacant units$1,188

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage12.90%
Home Equity Loan10.50%
Simple Mortgage62%
Debt Free14.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs22.1%