Montevideo, MN Housing
As of 2010-2014, median price of a house in Montevideo is $87,500, which is much lower than the state average of $185,200 and is much lower than the national average of $175,700. The Montevideo median house value has grown by 40.00% since 2000. The growth rate for the price of a house in Montevideo is lower than the state average rate of 51.31% and is lower than the national average rate of 46.91%. The median year that a house in Montevideo was built is 1961, which is older than the median year for a house built in the state which is 1975 and is older than the median year for a house built in the USA which is 1976.
House Value
Median Value of a Total of 1,483 Owner Occupied Houses in Montevideo, MN, #541Montevideo, MN | 87,500 USD |
Minnesota | 185,200 USD |
U.S. | 175,700 USD |
Montevideo, MN | 40.00% |
Minnesota | 51.31% |
U.S. | 46.91% |
*Based on 2010-2014 data. View historical house value data.
Housing Occupancy
Montevideo, MN | Minnesota | U.S. | |
Total Housing Units | 2,543, see rank, 100% | 2,364,149 | 132,741,033 |
Occupied Housing Units | 2,243, 88.20%, see rank | 89.48% | 87.55% |
Owner Occupied | 1,483, 58.32%, see rank | 64.51% | 56.34% |
Renter Occupied | 760, 29.89%, see rank | 24.96% | 31.21% |
Vacant Housing Units | 300, 11.80%, see rank | 10.52% | 12.45% |
For Rent | 75, 2.95%, see rank | 1.22% | 2.34% |
For Sale Only | 102, 4.01%, see rank | 0.96% | 1.20% |
Rented or Sold, Not Occupied | 38, 1.49%, see rank | 0.68% | 0.92% |
For Seasonal, Recreational, or Occasional Use | 0, 0.00%, see rank | 5.29% | 3.97% |
For Migrant Workers | 0, 0.00%, see rank | 0.01% | 0.03% |
Other Vacant | 85, 3.34%, see rank | 2.36% | 4.00% |
*Based on 2010-2014 data. View historical housing occupancy data.
Year Structure Built
Median Built Year, #523Montevideo, MN | Minnesota | U.S. |
1961 | 1975 | 1976 |
*Based on 2010-2014 data. View historical year structure built data.
Mortgage Status
Montevideo, MN | % | Minnesota | U.S. | |
Owner-Occupied Units | 1,483 | 100% | 1,525,201 | 74,787,460 |
With a Mortgage | 780 | 52.60%, see rank | 68.78% | 65.58% |
Without a Mortgage | 703 | 47.40%, see rank | 31.22% | 34.42% |
*Based on 2010-2014 data. View historical mortgage status data.
Monthly Owner Costs for Housing Units with a Mortgage
Median Owner Costs, see rank
Montevideo, MN | 1,057 USD |
Minnesota | 1,526 USD |
U.S. | 1,522 USD |
Owner Costs Distribution
Monthly Owner Costs | Montevideo, MN | % | Minnesota | U.S. |
$299 or Less | 0 | 0.00%, see rank | 0.18% | 0.20% |
$300 to $499 | 7 | 0.90%, see rank | 1.30% | 1.59% |
$500 to $699 | 71 | 9.10%, see rank | 4.08% | 5.01% |
$700 to $999 | 268 | 34.36%, see rank | 12.50% | 14.32% |
$1,000 to $1,499 | 298 | 38.21%, see rank | 30.43% | 27.90% |
$1,500 to $1,999 | 102 | 13.08%, see rank | 25.36% | 20.35% |
$2,000 to $2,999 | 34 | 4.36%, see rank | 19.32% | 19.52% |
$3,000 or More | 0 | 0.00%, see rank | 6.84% | 11.12% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Montevideo, MN | 19.30% of the Total Income |
Minnesota | 22.50% of the Total Income |
U.S. | 23.70% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Montevideo, MN | % | Minnesota | U.S. | |
10% or Less | 54 | 6.92%, see rank | 6.13% | 5.86% |
10% to 20% | 362 | 46.41%, see rank | 35.03% | 31.95% |
20% to 30% | 205 | 26.28%, see rank | 30.01% | 27.64% |
30% to 40% | 74 | 9.49%, see rank | 12.88% | 13.74% |
40% or More | 85 | 10.90%, see rank | 15.67% | 20.29% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.
Monthly Owner Costs for Housing Units without a Mortgage
Median Owner Costs, see rank
Montevideo, MN | 368 USD |
Minnesota | 475 USD |
U.S. | 457 USD |
Owner Costs Distribution
Monthly Owner Costs | Montevideo, MN | % | Minnesota | U.S. |
$199 or Less | 52 | 7.40%, see rank | 4.45% | 7.76% |
$200 to $299 | 179 | 25.46%, see rank | 10.96% | 14.70% |
$300 to $499 | 311 | 44.24%, see rank | 39.99% | 34.63% |
$500 to $699 | 102 | 14.51%, see rank | 27.38% | 21.16% |
$700 or More | 59 | 8.39%, see rank | 17.23% | 21.75% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Montevideo, MN | 10.00% of the Total Income |
Minnesota | 11.50% of the Total Income |
U.S. | 12.30% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Montevideo, MN | % | Minnesota | U.S. | |
10% or Less | 345 | 49.08%, see rank | 43.57% | 40.19% |
10% to 20% | 176 | 25.04%, see rank | 31.28% | 31.47% |
20% to 30% | 82 | 11.66%, see rank | 11.58% | 12.24% |
30% to 40% | 44 | 6.26%, see rank | 5.05% | 5.64% |
40% or More | 33 | 4.69%, see rank | 7.69% | 9.16% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.
Units in Structure
Montevideo, MN | Minnesota | U.S. | |
Total Housing Units | 2,543, 100% | 2,364,149 | 132,741,033 |
1-unit, Detached | 1,846, 72.59%, see rank | 67.25% | 61.65% |
1-unit, Attached | 88, 3.46%, see rank | 7.45% | 5.82% |
2 Units | 82, 3.22%, see rank | 2.34% | 3.75% |
3 or 4 Units | 73, 2.87%, see rank | 2.08% | 4.43% |
5 to 9 Units | 46, 1.81%, see rank | 2.23% | 4.78% |
10 or More Units | 343, 13.49%, see rank | 15.14% | 13.08% |
Mobile Home, Boat, RV, Van, etc. | 65, 2.56%, see rank | 3.52% | 6.49% |
*Based on 2010-2014 data. View historical units in structure data.
Rooms
Montevideo, MN | Minnesota | U.S. | |
Total Housing Units | 2,543, 100% | 2,364,149 | 132,741,033 |
1 Room | 53, 2.08%, see rank | 1.54% | 1.95% |
2 Rooms | 80, 3.15%, see rank | 2.83% | 2.48% |
3 Rooms | 184, 7.24%, see rank | 9.20% | 9.13% |
4 Rooms | 342, 13.45%, see rank | 14.05% | 16.60% |
5 Rooms | 519, 20.41%, see rank | 15.52% | 20.41% |
6 Rooms | 250, 9.83%, see rank | 14.98% | 18.06% |
7 Rooms | 376, 14.79%, see rank | 12.86% | 12.27% |
8 Rooms | 284, 11.17%, see rank | 11.01% | 8.48% |
9 Rooms or More | 455, 17.89%, see rank | 18.01% | 10.60% |
Median Rooms | 5.90, see rank | 6.00 | 5.50 |
*Based on 2010-2014 data. View historical rooms data.
Bedrooms
Montevideo, MN | Minnesota | U.S. | |
Total Housing Units | 2,543, 100% | 2,364,149 | 132,741,033 |
No Bedroom | 53, 2.08%, see rank | 1.76% | 2.17% |
1 Bedroom | 261, 10.26%, see rank | 11.71% | 11.16% |
2 Bedrooms | 784, 30.83%, see rank | 26.64% | 26.69% |
3 Bedrooms | 1,201, 47.23%, see rank | 34.15% | 39.70% |
4 Bedrooms | 195, 7.67%, see rank | 19.81% | 16.05% |
5 or More Bedrooms | 49, 1.93%, see rank | 5.94% | 4.22% |
*Based on 2010-2014 data. View historical bedrooms data.
House Heating Fuel
Montevideo, MN | Minnesota | U.S. | |
Total Housing Units | 2,243, 100% | 2,115,337 | 116,211,092 |
Utility Gas | 1,536, 68.48%, see rank | 66.78% | 48.85% |
Bottled, Tank, or LP Gas | 70, 3.12%, see rank | 10.05% | 4.86% |
Electricity | 427, 19.04%, see rank | 16.13% | 36.68% |
Fuel Oil, Kerosene, etc. | 66, 2.94%, see rank | 2.62% | 5.86% |
Coal or Coke | 0, 0.00%, see rank | 0.03% | 0.12% |
Wood | 39, 1.74%, see rank | 2.55% | 2.12% |
Solar Energy | 0, 0.00%, see rank | 0.02% | 0.05% |
Other Fuel | 52, 2.32%, see rank | 1.17% | 0.47% |
No Fuel Used | 53, 2.36%, see rank | 0.65% | 1.00% |
*Based on 2010-2014 data. View historical house heating fuel data.
Gross Rent
Monthly Rental | Montevideo, MN | Minnesota | U.S. |
Occupied Units Paying Rent | 681, 100% | 562,198 | 39,201,928 |
$199 or Less | 9, 1.32%, see rank | 2.46% | 1.50% |
$200 to $299 | 52, 7.64%, see rank | 4.66% | 3.18% |
$300 to $499 | 93, 13.66%, see rank | 9.32% | 7.37% |
$500 to $699 | 207, 30.40%, see rank | 17.06% | 16.01% |
$700 to $999 | 199, 29.22%, see rank | 33.30% | 29.17% |
$1,000 to $1,499 | 46, 6.75%, see rank | 23.49% | 26.88% |
$1,500 to $1,999 | 0, 0.00%, see rank | 7.02% | 9.79% |
$2,000 or More | 75, 11.01%, see rank | 2.69% | 6.10% |
Median | $679, see rank | $835 | $920 |
*Based on 2010-2014 data. View historical gross rent data.
Vehicle Available
Montevideo, MN | Minnesota | U.S. | |
Occupied Housing Units | 2,243, 100% | 2,115,337 | 116,211,092 |
No Vehicles Available | 154, 6.87%, see rank | 7.25% | 9.12% |
1 Vehicles Available | 730, 32.55%, see rank | 30.11% | 33.80% |
2 Vehicles Available | 911, 40.62%, see rank | 40.67% | 37.48% |
3 or More Vehicles Available | 448, 19.97%, see rank | 21.97% | 19.61% |
*Based on 2010-2014 data. View historical vehicle available data.