Red Lake Falls, MN Real Estate
According to census data in the year 2000 there were 659 housing units in Red Lake Falls.
This represents a 1.5% growth from 649 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 659 were located in what is classified as a rural area.
Homeownership rate in Red Lake Falls is about 74%.
Red Lake Falls's vacancy rate, including seasonal lodging, is about 6.7%.
Average household size is 2.34 people.
The majority of houses, apartments or condos in Red Lake Falls were built after 1962.
|Housing Units by Size|
|Five Bedrooms or more||4.70%|
Owned Homes, Apartments and Condos
|Average Household Size||2.55|
|Median year structure was built||1956|
|Median Value of occupied units||$47,400|
|Median Price asked for vacant units||$17,500|
Rented Homes, Apartments and Condos
|Average Household Size||1.75|
|Median year structure was built||1973|
|Median Monthly Rent asked for vacant units||$269|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||4.30%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||14.5%|