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 $1,673,306, higher than the California average of $648,235.
The average cost of rent is $2,714/mo in Belmont, primarily driven by the current value of real estate in the Belmont area. While nearly 27.42% of residents own their homes outright in Belmont, 39.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in Belmont is $14,494 per month. Households that rent pay about 18.73% of their income on rent here. Belmont's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- San Carlos, CA: equally priced homes
- San Mateo, CA: less expensive homes
- Foster City, CA: less expensive homes
- Highlands-Baywood Park, CA: higher priced homes
- Redwood City, CA: less expensive homes
- Hillsborough, CA: higher priced homes
- North Fair Oaks, CA: less expensive homes
- Burlingame, CA: equally priced homes
- Woodside, CA: higher priced homes
- Atherton, CA: higher priced homes
Cities with Similar Populations
- Sugar Hill, GA: less expensive homes
- Clover, SC: less expensive homes
- Corbin, KY: less expensive homes
- West Springfield Town, MA: less expensive homes
- West Roxbury, MA: less expensive homes
- Waynesboro, VA: less expensive homes
- Uniondale, NY: less expensive homes
- Oxford, OH: less expensive homes
- Englewood, NJ: less expensive homes
- Magna, UT: less expensive homes
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