Montpelier, OH Real Estate

According to census data in the year 2000 there were 1,841 housing units in Montpelier. This represents a 4.5% growth from 1,761 in 1990.

Of those housing units, 1,807 were located in either urbanized areas or urban clusters, and 34 were located in what is classified as a rural area.

Homeownership rate in Montpelier is about 67.6%. Montpelier's vacancy rate, including seasonal lodging, is about 5.5%. Average household size is 2.45 people.

The majority of houses, apartments or condos in Montpelier were built after 1944.


Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom11.80%
Two Bedrooms23.10%
Three Bedrooms53.30%
Four Bedrooms8.70%
Five Bedrooms or more2.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1943
Median Value of occupied units$66,600
Median Price asked for vacant units$79,200

Rented Homes, Apartments and Condos

Average Household Size2.35
Median year structure was built1946
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.50%
Home Equity Loan6.10%
Simple Mortgage46.40%
Debt Free44%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16%