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These days, finding an affordable place to live in the Belmond area can be challenging. Home prices in Belmond are now at a median cost of $136,881, lower than the Iowa average of $226,062.
The average cost of rent is $799/mo in Belmond, primarily driven by the current value of real estate in the Belmond area. In Belmond, 17.91% of households rent, and 57.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Belmond is $4,946 per month. Households that rent pay about 16.15% of their income on rent here. Belmond’s most expensive areas are in the northwestern 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
- Goodell, IA: less expensive homes
- Cornelia, IA: higher priced homes
- Meservey, IA: less expensive homes
- Rowan, IA: less expensive homes
- Alexander, IA: less expensive homes
- Clarion, IA: equally priced homes
- Kanawha, IA: less expensive homes
- Klemme, IA: less expensive homes
- Galt, IA: less expensive homes
- Thornton, IA: less expensive homes
Cities with Similar Populations
- West Tawakoni, TX: higher priced homes
- Northville, NY: higher priced homes
- Kohler, WI: higher priced homes
- Janesville, IA: higher priced homes
- Hansville, WA: higher priced homes
- Reed Creek, GA: higher priced homes
- Rio Medina, TX: higher priced homes
- Saugatuck, MI: higher priced homes
- Center Harbor, NH: higher priced homes
- Bruce, MS: less expensive homes
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