Monterey, CA Real Estate
According to census data in the year 2000 there were 13,420 housing units in Monterey.
This represents a 0.6% decline from 13,497 in 1990.
Of those housing units, 13,420 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Monterey is about 38.4%.
Monterey's vacancy rate, including seasonal lodging, is about 5.9%.
Average household size is 2.13 people.
The majority of houses, apartments or condos in Monterey were built after 1965.
|Housing Units by Size|
|Five Bedrooms or more||1%|
Owned Homes, Apartments and Condos
|Average Household Size||2.26|
|Median year structure was built||1959|
|Median Value of occupied units||$399,800|
|Median Price asked for vacant units||$400,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.05|
|Median year structure was built||1968|
|Median Monthly Rent asked for vacant units||$910|
Owners Finance Status
|Second Mortgage & Equity Loan||1%|
|Home Equity Loan||8.20%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||22.2%|