2004_1108_Packet - Laserfiche WebLink

Home

Mobile home values in Roseville are under $1 1,500 per unit, which is substantially lower than the mobile home values throughout the I-35 W corridor cities, according to the Ramsey County Assessor's office. The I-35W corridor average value is more than double Roseville's value at $25,000 per mobile home. 2.c. Apartments: Apartments by their definition are rental units where there is an owner of a complex who collects rent either on a monthly basis or a longer period of time through a lease. The person who rents does not own the unit but rather only its contents. In addition, they are not responsible for exterior maintenance of the structure and the normal wear and tear of the interior. However, they are responsible for damage caused by the interior which is why a damage deposit is typically collected prior to the rental of the unit. Four out of five residents who live in rental housing in Roseville live in an apartment. Apartments are far and away the dominant type of rental multifamily housing represented in the city. Even when the ownership units are considered, nearly 60 percent of all residents living in multifamily housing live in apartments. Population: The percentage of children living in Roseville's apartments is generally between 6 and 7 percent of the apartment population. Persons per household is about 134 persons per household, which is quite close to the average housing density for all of the multifamily housing in the city. (When all of Roseville's housing is taken into account, the average number of persons per household is 2.2, which is notably higher than the average for the apartment dwellers. But in comparison with the rest of the 7-county metro, Roseville's population per household is the second lowest figure after St. Louis Park. The average age of householders in the apartments is 25-34 years old. The next largest group of householders is the 35-44 year old group. These two age groups combined make up nearly 60 percent of the apartment householders. The average age of the apartment dwellers is one generally associated with childrearing, yet the average number of persons per household is quite low in the apartments. This indicates that many of the residents are single individuals. The size and layout of the apartments is important here as well; the majority of the apartments are one-bedroom (nearly 60 percent of all apartments in the city are one-bedroom) and nearly 40 percent of the apartments are two-bedroom units; the remaining slivers are efficiencies and a handful of 3-bedroom (31 units) and 4-bedroom (1 unit) apartments. Tenure/Moving Trends: Length of time at current address indicates fairly rapid turnover of units; over 60 percent of the apartments have changed hands in less than four years. There are signs of stability, however; nearly a quarter of the apartment households have lived in their units between 5 and 9 years. ROSEVILLE MULTIFAMILY HOUSING REPORT - DRAFT 10/19/04 Page 16