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Rayne, LA Real Estate


According to census data in the year 2000 there were 3,487 housing units in Rayne. This represents a 3.3% growth from 3,375 in 1990.

Of those housing units, 3,480 were located in either urbanized areas or urban clusters, and 7 were located in what is classified as a rural area.

Homeownership rate in Rayne is about 62%. Rayne's vacancy rate, including seasonal lodging, is about 8.6%. Average household size is 2.61 people.

The majority of houses, apartments or condos in Rayne were built after 1963.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom11.10%
Two Bedrooms35%
Three Bedrooms44.80%
Four Bedrooms6.90%
Five Bedrooms or more2.20%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.59
Median year structure was built1967
Median Value of occupied units$59,100
Median Price asked for vacant units$20,900

Rented Homes, Apartments and Condos

Average Household Size2.65
Median year structure was built1959
Median Monthly Rent asked for vacant units$179

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.10%
Home Equity Loan1.20%
Simple Mortgage40.60%
Debt Free57.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.7%