Monterey, IN Real Estate
According to census data in the year 2000 there were 126 housing units in Monterey.
This represents a 27.3% growth from 99 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 126 were located in what is classified as a rural area.
Homeownership rate in Monterey is about 83.5%.
Monterey's vacancy rate, including seasonal lodging, is about 27.8%.
Average household size is 2.67 people.
The majority of houses, apartments or condos in Monterey were built after 1939.
|Housing Units by Size|
|Five Bedrooms or more||7.90%|
Owned Homes, Apartments and Condos
|Average Household Size||2.78|
|Median year structure was built||1939|
|Median Value of occupied units||$55,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.13|
|Median year structure was built||1968|
|Median Monthly Rent asked for vacant units||$275|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||1.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||12.7%|