Lanai City, HI Real Estate
According to census data in the year 2000 there were 1,354 housing units in Lanai City.
This represents a 40% growth from 967 in 1990.
Of those housing units, 1,084 were located in either urbanized areas or urban clusters, and 270 were located in what is classified as a rural area.
Homeownership rate in Lanai City is about 49.4%.
Lanai City's vacancy rate, including seasonal lodging, is about 14.3%.
Average household size is 2.74 people.
The majority of houses, apartments or condos in Lanai City were built after 1976.
|Housing Units by Size|
|Five Bedrooms or more||0.70%|
Owned Homes, Apartments and Condos
|Average Household Size||2.99|
|Median year structure was built||1981|
|Median Value of occupied units||$141,100|
|Median Price asked for vacant units||$112,500|
Rented Homes, Apartments and Condos
|Average Household Size||2.5|
|Median year structure was built||1973|
|Median Monthly Rent asked for vacant units||$381|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||11.90%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.1%|