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Oto, IA Real Estate


According to census data in the year 2000 there were 67 housing units in Oto. This represents a 2.9% decline from 69 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 67 were located in what is classified as a rural area.

Homeownership rate in Oto is about 56.6%. Oto's vacancy rate, including seasonal lodging, is about 20.9%. Average household size is 2.7 people.

The majority of houses, apartments or condos in Oto were built after 1941.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom11.90%
Two Bedrooms31.30%
Three Bedrooms31.30%
Four Bedrooms16.40%
Five Bedrooms or more9%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.5
Median year structure was built1939
Median Value of occupied units$33,300

Rented Homes, Apartments and Condos

Average Household Size2.96
Median year structure was built1944
Median Monthly Rent asked for vacant units$175

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage53.60%
Debt Free46.40%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs21.3%