Affordable
Expensive
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These days, finding an affordable place to live in the Belmont-Charlottesville area can be challenging. Home prices in Belmont-Charlottesville are now at a median cost of $444,613, lower than the Charlottesville average of $510,473.
The average cost of rent is $1,263/mo in Belmont-Charlottesville, primarily driven by the current value of real estate in the Belmont-Charlottesville area. In Belmont-Charlottesville, 40.17% of households rent, and 27.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Belmont-Charlottesville is $7,438 per month. Households that rent pay about 16.98% of their income on rent here. Belmont-Charlottesville’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Venable, Charlottesville, VA: higher priced homes
- Jefferson Park, Charlottesville, VA: higher priced homes
- Fry Springs, Charlottesville, VA: equally priced homes
- Grayson Hill, Tuckahoe, VA: higher priced homes
- Huguenot, Richmond, VA: equally priced homes
- Three Chopt, Richmond, VA: higher priced homes
- Stratford Hills, Richmond, VA: equally priced homes
- Jahnke, Richmond, VA: less expensive homes
- Bellevue, Richmond, VA: equally priced homes
- The Museum District, Richmond, VA: higher priced homes
Neighborhoods with Similar Populations
- Arlington Heights, Arlington, MA: higher priced homes
- Holmes-Foster Historic District, State College, PA: equally priced homes
- West Redlands, Redlands, CA: higher priced homes
- Fourth Street Historic District, Massillon, OH: less expensive homes
- South Fountain Avenue Historic District, Springfield, OH: less expensive homes
- Huguenot, Richmond, VA: equally priced homes
- Southeast, Helena, MT: less expensive homes
- Hanamaulu, Lihue, HI: higher priced homes
- Hampton Cove, Owens Cross Roads, AL: higher priced homes
- Springfield Lake Shore Improvement, Springfield, IL: less expensive homes
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