Elberta, MI Real Estate

According to census data in the year 2000 there were 241 housing units in Elberta. This represents a 3.4% growth from 233 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 241 were located in what is classified as a rural area.

Homeownership rate in Elberta is about 76.8%. Elberta's vacancy rate, including seasonal lodging, is about 19.5%. Average household size is 2.59 people.

The majority of houses, apartments or condos in Elberta were built after 1941.


Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom10%
Two Bedrooms34.90%
Three Bedrooms38.20%
Four Bedrooms12.40%
Five Bedrooms or more3.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1939
Median Value of occupied units$72,800
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size3.42
Median year structure was built1954
Median Monthly Rent asked for vacant units$425

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.70%
Home Equity Loan9.10%
Simple Mortgage41.30%
Debt Free47.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.1%