Rensselaer, IN Real Estate

According to census data in the year 2000 there were 2,329 housing units in Rensselaer. This represents a 11.1% growth from 2,096 in 1990.

Of those housing units, 2,273 were located in either urbanized areas or urban clusters, and 56 were located in what is classified as a rural area.

Homeownership rate in Rensselaer is about 63.7%. Rensselaer's vacancy rate, including seasonal lodging, is about 6%. Average household size is 2.31 people.

The majority of houses, apartments or condos in Rensselaer were built after 1952.


Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom15.50%
Two Bedrooms29.80%
Three Bedrooms39.50%
Four Bedrooms11.10%
Five Bedrooms or more2.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.6
Median year structure was built1949
Median Value of occupied units$82,800
Median Price asked for vacant units$78,600

Rented Homes, Apartments and Condos

Average Household Size1.79
Median year structure was built1960
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.30%
Home Equity Loan3.80%
Simple Mortgage49.30%
Debt Free39.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.9%