Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Belmont area can be challenging. Home prices in Belmont are now at a median cost of $70,415, lower than the Alabama average of $185,232.
The average cost of rent is $717/mo in Belmont, primarily driven by the current value of real estate in the Belmont area. While nearly 76.05% of residents own their homes outright in Belmont, 26.95% rent.
Housing affordability isn’t just about home prices, though. The average household income in Belmont is $3,368 per month. Households that rent pay about 21.29% of their income on rent here. Belmont's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Forkland, AL: higher priced homes
- Brewersville, AL: equally priced homes
- Epes, AL: less expensive homes
- Demopolis, AL: higher priced homes
- Boligee, AL: equally priced homes
- Livingston, AL: higher priced homes
- Hamner, AL: higher priced homes
- Prairieville, AL: higher priced homes
- Sumterville, AL: higher priced homes
- Gainesville, AL: higher priced homes
Cities with Similar Populations
- Saratoga Center, IL: higher priced homes
- Grayson, NC: higher priced homes
- Gray Hill, GA: higher priced homes
- Rogers, NM: higher priced homes
- Glendevey, CO: higher priced homes
- Rudolph, TN: higher priced homes
- Gateway, CO: higher priced homes
- Gardiner, IA: higher priced homes
- San Antonito, NM: higher priced homes
- Fourmile Hill, AR: higher priced homes
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