Between 1980 and 2000, Regina had high levels of housing occupancy. Although the number of occupied housing units in the neighborhood steadily decreased between 1980 and 2000, so did the overall number of housing units. In 1980, Regina had 964 occupied housing units. By 2000, only 914 housing units were occupied.
Between 1980 and 2000, both owner-occupied housing and renter-occupied housing decreased slightly in Regina. The majority of housing stock in the neighborhood has been and continues to be owner-occupied.
Between 1980 and 2000, Regina and Minneapolis had comparable homeowner vacancy rates. In 1980, the neighborhood had a lower renter vacancy rate - 2.4 percent - than the citywide average of 4.2 percent. By 2000, the neighborhood had a higher renter vacancy rate (3.3 percent) than Minneapolis (2.8 percent).
Between 1980 and 2000, Regina had lower median house values than Minneapolis. Those dollar amounts followed the citywide trend, with 1980 values being the highest, followed by a significant decrease in 1990 and a slight rebound in 2000.
The cost for a homeowner to maintain a house, including the mortgage, is a smaller percentage of household income in Regina than in Minneapolis. In 2000, neighborhood homeowners paid 22 percent of their household income, compared to the 30 percent paid by homeowners across Minneapolis.
Between 1980 and 2000, median gross rent in Regina tended to be higher than it was across Minneapolis. In 2000, the median gross rent in Regina was $754, compared to $575 citywide.
While median gross rent was higher in Regina than across Minneapolis, renters in both the neighborhood and the city paid similar percentages of their income. In 1980, neighborhood renters paid 16 percent of their median household income for median gross rent, compared to 17 percent in Minneapolis. By 2000, renters in Regina paid a slightly higher percentage of their median household income for median gross rent (19 percent) than did all Minneapolis residents (18 percent).
Last updated Sep 27, 2011