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El Monte, CA Real Estate


According to census data in the year 2000 there were 27,744 housing units in El Monte. This represents a 2.1% growth from 27,167 in 1990.

Of those housing units, 27,744 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in El Monte is about 41%. El Monte's vacancy rate, including seasonal lodging, is about 2.6%. Average household size is 4.25 people.

The majority of houses, apartments or condos in El Monte were built after 1963.

Statistics

Housing Size

Housing Units by Size
Studio Type11.70%
One Bedroom28.30%
Two Bedrooms30.80%
Three Bedrooms23.10%
Four Bedrooms5.50%
Five Bedrooms or more0.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.86
Median year structure was built1959
Median Value of occupied units$158,100
Median Price asked for vacant units$152,800

Rented Homes, Apartments and Condos

Average Household Size4.52
Median year structure was built1965
Median Monthly Rent asked for vacant units$606

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage8.20%
Home Equity Loan6%
Simple Mortgage63.50%
Debt Free22.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs23.1%