Marengo, IN Real Estate

According to census data in the year 2000 there were 406 housing units in Marengo. This represents a 0.2% decline from 407 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 406 were located in what is classified as a rural area.

Homeownership rate in Marengo is about 63.9%. Marengo's vacancy rate, including seasonal lodging, is about 12.1%. Average household size is 2.31 people.

The majority of houses, apartments or condos in Marengo were built after 1960.


Housing Size

Housing Units by Size
Studio Type1%
One Bedroom18.70%
Two Bedrooms36.50%
Three Bedrooms31.50%
Four Bedrooms10.60%
Five Bedrooms or more1.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1951
Median Value of occupied units$53,600
Median Price asked for vacant units$21,300

Rented Homes, Apartments and Condos

Average Household Size1.73
Median year structure was built1981
Median Monthly Rent asked for vacant units$331

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage9.90%
Home Equity Loan3.30%
Simple Mortgage50.50%
Debt Free36.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19%