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 $149,200, lower than the Indiana average of $175,617.
The average cost of rent is $869/mo in Belmont, primarily driven by the current value of real estate in the Belmont area. While nearly 72.80% of residents own their homes outright in Belmont, 13.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in Belmont is $4,959 per month. Households that rent pay about 17.52% of their income on rent here. Belmont's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Woodville Hills, IN: higher priced homes
- Needmore, IN: higher priced homes
- Nashville, IN: higher priced homes
- Story, IN: higher priced homes
- Unionville, IN: higher priced homes
- Trevlac, IN: higher priced homes
- Elkinsville, IN: equally priced homes
- Gnaw Bone, IN: higher priced homes
- Pikes Peak, IN: higher priced homes
- Bloomington, IN: higher priced homes
Cities with Similar Populations
- Wadhams, NY: equally priced homes
- Creston, WA: higher priced homes
- Verdery, SC: less expensive homes
- Vernon, IL: equally priced homes
- Vernon, UT: higher priced homes
- Stony Creek, CT: higher priced homes
- Kent, IL: equally priced homes
- Verona, TX: higher priced homes
- Cable Hollow, PA: equally priced homes
- Vine Valley, NY: higher priced homes
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