Cambridge, MN Real Estate

According to census data in the year 2000 there were 2,364 housing units in Cambridge. This represents a 21.2% growth from 1,950 in 1990.

Of those housing units, 2,214 were located in either urbanized areas or urban clusters, and 150 were located in what is classified as a rural area.

Homeownership rate in Cambridge is about 63%. Cambridge's vacancy rate, including seasonal lodging, is about 6%. Average household size is 2.28 people.

The majority of houses, apartments or condos in Cambridge were built after 1976.


Housing Size

Housing Units by Size
Studio Type1.80%
One Bedroom23.90%
Two Bedrooms31.70%
Three Bedrooms29%
Four Bedrooms10.90%
Five Bedrooms or more2.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.53
Median year structure was built1974
Median Value of occupied units$100,200

Rented Homes, Apartments and Condos

Average Household Size1.87
Median year structure was built1979
Median Monthly Rent asked for vacant units$946

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage13.90%
Home Equity Loan5.60%
Simple Mortgage56.80%
Debt Free23.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.3%