Rochester, MN Real Estate
According to census data in the year 2000 there were 35,224 housing units in Rochester.
This represents a 21.6% growth from 28,961 in 1990.
Of those housing units, 34,994 were located in either urbanized areas or urban clusters, and 230 were located in what is classified as a rural area.
Homeownership rate in Rochester is about 70.9%.
Rochester's vacancy rate, including seasonal lodging, is about 3.5%.
Average household size is 2.43 people.
The majority of houses, apartments or condos in Rochester were built after 1973.
|Housing Units by Size|
|Five Bedrooms or more||4.10%|
Owned Homes, Apartments and Condos
|Average Household Size||2.64|
|Median year structure was built||1974|
|Median Value of occupied units||$114,400|
|Median Price asked for vacant units||$146,700|
Rented Homes, Apartments and Condos
|Average Household Size||1.9|
|Median year structure was built||1972|
|Median Monthly Rent asked for vacant units||$678|
Owners Finance Status
|Second Mortgage & Equity Loan||0.10%|
|Home Equity Loan||9.30%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.4%|