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117 <br /> <br /> <br />Figure 28: Year Principal Structure was Built <br /> <br />Summary of Existing Housing <br />Within Ramsey, most of the homes are owner-occupied, and rentals are approximately 11% of the <br />total housing units. Ramsey has a healthy vacancy rate, less than 3%, showing the high demand for <br />housing units within Ramsey. <br />Approximately 96% of all housing units in Ramsey are single-family homes, both attached and <br />detached. Only 4% of all housing units are multi-family units. Likely, future housing growth will be <br />single family in the northern portions of the City, which represent and maintain Ramsey’s rural <br />character. Areas near The COR represent areas where multi-family housing is more likely to occur <br />in the future, this area represents the urban, transit-oriented growth around the Northstar <br />Commuter Rail Station. <br />The Future Land Use Map and Development Maps show future areas that are likely to change in <br />land uses. There are areas in the northern half of the City that will likely accommodate future <br />single-family housing development projects.