Storm Lake, IA Real Estate

According to census data in the year 2000 there were 3,732 housing units in Storm Lake. This represents a 4.9% growth from 3,557 in 1990.

Of those housing units, 3,692 were located in either urbanized areas or urban clusters, and 40 were located in what is classified as a rural area.

Homeownership rate in Storm Lake is about 63.6%. Storm Lake's vacancy rate, including seasonal lodging, is about 6.3%. Average household size is 2.57 people.

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


Housing Size

Housing Units by Size
Studio Type1.70%
One Bedroom15.80%
Two Bedrooms30.80%
Three Bedrooms34.40%
Four Bedrooms15%
Five Bedrooms or more2.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.58
Median year structure was built1954
Median Value of occupied units$71,300
Median Price asked for vacant units$37,900

Rented Homes, Apartments and Condos

Average Household Size2.54
Median year structure was built1959
Median Monthly Rent asked for vacant units$264

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.80%
Home Equity Loan6.60%
Simple Mortgage47.30%
Debt Free42.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15%