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City of Mounds View Comprehensive Plan <br /> Housing Value <br /> According to 1998 Ramsey County Assessor's office data, the values for owner-occupied single- <br /> family homes and duplexes range from$31,800 to$238,100. The average value is$96,465 and the <br /> median value is $91,400. <br /> Rental Rates <br /> A survey of multi-family rental properties completed by the Mounds View Community <br /> Development Department staff in 1998 indicated that the average rental rates were$498 for a one- <br /> bedroom apartment, $591 for a two-bedroom apartment, and$768 for a three-bedroom apartment. <br /> The average rent for one and two bedroom apartments was $542, which is up from$459 in 1990. <br /> Age of Housing Stock <br /> Figure 8 on page 50 illustrates the location and age of single and two family residential properties in <br /> Mounds View. <br /> TABLE 11: Age of Current Housing Stock <br /> Year Single Family Duplex Total Percent <br /> Before 1940 66 0 66 2% <br /> 1940 to 1949 324 4 328 12% <br /> 1950 to 1959 891 4 895 32% <br /> 1960 to 1969 379 70 449 16% <br /> 1970 to 1979 789 12 801 28% <br /> 1980 to 1989 181 32 213 8% <br /> 1990 to Present 49 0 49 2% <br /> TOTAL 2679 122 2801 100% <br /> Source: 1990 Census;Mounds View Community Development Department <br /> Sixty-two percent of Mounds View's housing stock is at least 30 years old. <br /> 46 <br />