Grinnell, IA Real Estate

According to census data in the year 2000 there were 3,739 housing units in Grinnell. This represents a 9.7% growth from 3,407 in 1990.

Of those housing units, 3,691 were located in either urbanized areas or urban clusters, and 48 were located in what is classified as a rural area.

Homeownership rate in Grinnell is about 65.4%. Grinnell's vacancy rate, including seasonal lodging, is about 6%. Average household size is 2.23 people.

The majority of houses, apartments or condos in Grinnell were built after 1956.


Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom14.60%
Two Bedrooms33.90%
Three Bedrooms32.20%
Four Bedrooms15.30%
Five Bedrooms or more2.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.37
Median year structure was built1956
Median Value of occupied units$88,200
Median Price asked for vacant units$95,500

Rented Homes, Apartments and Condos

Average Household Size1.97
Median year structure was built1959
Median Monthly Rent asked for vacant units$400

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.30%
Home Equity Loan9%
Simple Mortgage44.10%
Debt Free41.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.6%