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Montpelier, ID Real Estate


According to census data in the year 2000 there were 1,157 housing units in Montpelier. This represents a 3.2% growth from 1,121 in 1990.

Of those housing units, 1,125 were located in either urbanized areas or urban clusters, and 32 were located in what is classified as a rural area.

Homeownership rate in Montpelier is about 79.6%. Montpelier's vacancy rate, including seasonal lodging, is about 12.1%. Average household size is 2.72 people.

The majority of houses, apartments or condos in Montpelier were built after 1955.

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom9.90%
Two Bedrooms28.50%
Three Bedrooms34%
Four Bedrooms18.20%
Five Bedrooms or more9.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.8
Median year structure was built1953
Median Value of occupied units$66,700
Median Price asked for vacant units$43,800

Rented Homes, Apartments and Condos

Average Household Size2.41
Median year structure was built1969
Median Monthly Rent asked for vacant units$271

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.70%
Home Equity Loan3.60%
Simple Mortgage49.40%
Debt Free43.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.2%