Grand Rapids, MN Real Estate
According to census data in the year 2000 there were 3,600 housing units in Grand Rapids.
This represents a 6.5% growth from 3,380 in 1990.
Of those housing units, 3,539 were located in either urbanized areas or urban clusters, and 61 were located in what is classified as a rural area.
Homeownership rate in Grand Rapids is about 59.4%.
Grand Rapids's vacancy rate, including seasonal lodging, is about 4.8%.
Average household size is 2.15 people.
The majority of houses, apartments or condos in Grand Rapids were built after 1967.
|Housing Units by Size|
|Five Bedrooms or more||2.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.34|
|Median year structure was built||1959|
|Median Value of occupied units||$78,000|
|Median Price asked for vacant units||$106,300|
Rented Homes, Apartments and Condos
|Average Household Size||1.86|
|Median year structure was built||1974|
|Median Monthly Rent asked for vacant units||$344|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||8.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.5%|