Manhattan, IL Real Estate

According to census data in the year 2000 there were 1,167 housing units in Manhattan. This represents a 54.4% growth from 756 in 1990.

Of those housing units, 1,140 were located in either urbanized areas or urban clusters, and 27 were located in what is classified as a rural area.

Homeownership rate in Manhattan is about 79.3%. Manhattan's vacancy rate, including seasonal lodging, is about 1.2%. Average household size is 2.92 people.

The majority of houses, apartments or condos in Manhattan were built after 1977.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom3.30%
Two Bedrooms26.50%
Three Bedrooms46.20%
Four Bedrooms19.30%
Five Bedrooms or more4.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.12
Median year structure was built1979
Median Value of occupied units$150,500
Median Price asked for vacant units$168,800

Rented Homes, Apartments and Condos

Average Household Size2.19
Median year structure was built1973

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage9.20%
Home Equity Loan12.20%
Simple Mortgage62.40%
Debt Free15.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs22.5%