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These days, finding an affordable place to live in the Belding area can be challenging. Home prices in Belding are now at a median cost of $197,338, lower than the Michigan average of $250,415.
The average cost of rent is $864/mo in Belding, primarily driven by the current value of real estate in the Belding area. In Belding, 24.91% of households rent, and 41.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Belding is $5,446 per month. Households that rent pay about 15.87% of their income on rent here. Belding’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cooks Corners, MI: higher priced homes
- Orleans, MI: less expensive homes
- Greenville, MI: higher priced homes
- Grattan, MI: higher priced homes
- Shiloh, MI: equally priced homes
- Fenwick, MI: less expensive homes
- Parnell, MI: higher priced homes
- Sidney, MI: equally priced homes
- Ionia, MI: less expensive homes
- Gowen, MI: higher priced homes
Cities with Similar Populations
- Palmetto, GA: higher priced homes
- St. Augustine Beach, FL: higher priced homes
- Fairfield Glade, TN: higher priced homes
- Ward, AR: less expensive homes
- Export, PA: higher priced homes
- Oscoda, MI: less expensive homes
- Page, AZ: higher priced homes
- Pageland, SC: less expensive homes
- Washington, IA: less expensive homes
- Elmendorf, TX: less expensive homes
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