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Rancho Mirage, CA Real Estate


According to census data in the year 2000 there were 11,643 housing units in Rancho Mirage. This represents a 24.4% growth from 9,360 in 1990.

Of those housing units, 11,019 were located in either urbanized areas or urban clusters, and 624 were located in what is classified as a rural area.

Homeownership rate in Rancho Mirage is about 83.6%. Rancho Mirage's vacancy rate, including seasonal lodging, is about 43.2%. Average household size is 1.94 people.

The majority of houses, apartments or condos in Rancho Mirage were built after 1980.

Statistics

Housing Size

Housing Units by Size
Studio Type1.70%
One Bedroom13.90%
Two Bedrooms37.90%
Three Bedrooms38.90%
Four Bedrooms5.80%
Five Bedrooms or more1.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size1.95
Median year structure was built1981
Median Value of occupied units$288,100
Median Price asked for vacant units$184,500

Rented Homes, Apartments and Condos

Average Household Size1.89
Median year structure was built1978
Median Monthly Rent asked for vacant units$910

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.30%
Home Equity Loan4.10%
Simple Mortgage49.60%
Debt Free43.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.4%