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New Rochelle, NY Real Estate


According to census data in the year 2000 there were 26,995 housing units in New Rochelle. This represents a 2.3% growth from 26,398 in 1990.

Of those housing units, 26,995 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in New Rochelle is about 50.3%. New Rochelle's vacancy rate, including seasonal lodging, is about 3%. Average household size is 2.68 people.

The majority of houses, apartments or condos in New Rochelle were built after 1947.

Statistics

Housing Size

Housing Units by Size
Studio Type4.30%
One Bedroom26.10%
Two Bedrooms24.70%
Three Bedrooms21.80%
Four Bedrooms14.60%
Five Bedrooms or more8.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.9
Median year structure was built1945
Median Value of occupied units$346,900
Median Price asked for vacant units$319,200

Rented Homes, Apartments and Condos

Average Household Size2.45
Median year structure was built1948
Median Monthly Rent asked for vacant units$826

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage6%
Home Equity Loan9.60%
Simple Mortgage51.50%
Debt Free32.50%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs21.8%