The Most Affordable Neighborhoods in Belfast, NY by Home Value

These days, finding an affordable place to live in the Belfast area can be challenging. Home prices in Belfast are now at a median cost of $100,957, lower than the New York average of $610,895.

The average cost of rent is $621/mo in Belfast, primarily driven by the current value of real estate in the Belfast area. In Belfast, 13.84% of households rent, and 60.06% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Belfast is $5,546 per month. Households that rent pay about 11.19% of their income on rent here. Belfast’s most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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