Allendale, MI Real Estate
According to census data in the year 2000 there were 3,033 housing units in Allendale.
This represents a 65.9% growth from 1,828 in 1990.
Of those housing units, 2,011 were located in either urbanized areas or urban clusters, and 1,022 were located in what is classified as a rural area.
Homeownership rate in Allendale is about 72.1%.
Allendale's vacancy rate, including seasonal lodging, is about 5.2%.
Average household size is 2.96 people.
The majority of houses, apartments or condos in Allendale were built after 1986.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 4% |
| Two Bedrooms | 33.90% |
| Three Bedrooms | 39.10% |
| Four Bedrooms | 19.60% |
| Five Bedrooms or more | 2.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.06 |
| Median year structure was built | 1986 |
| Median Value of occupied units | $126,600 |
| Median Price asked for vacant units | $137,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.69 |
| Median year structure was built | 1987 |
| Median Monthly Rent asked for vacant units | $693 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.20% |
| Home Equity Loan | 11.40% |
| Simple Mortgage | 64.60% |
| Debt Free | 17.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17% |
