Spring Lake Park, MN Real Estate

According to census data in the year 2000 there were 2,754 housing units in Spring Lake Park. This represents a 14.8% growth from 2,398 in 1990.

Of those housing units, 2,754 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Spring Lake Park is about 74.6%. Spring Lake Park's vacancy rate, including seasonal lodging, is about 1.1%. Average household size is 2.48 people.

The majority of houses, apartments or condos in Spring Lake Park were built after 1970.


Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom12%
Two Bedrooms30.60%
Three Bedrooms36.70%
Four Bedrooms17.30%
Five Bedrooms or more2.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.73
Median year structure was built1968
Median Value of occupied units$120,000

Rented Homes, Apartments and Condos

Average Household Size1.72
Median year structure was built1977
Median Monthly Rent asked for vacant units$525

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.60%
Second Mortgage9.30%
Home Equity Loan8.40%
Simple Mortgage59.20%
Debt Free22.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.5%