Affordable
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Expensive
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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 $272,406, higher than the North Carolina average of $226,477.
The average cost of rent is $1,070/mo in Belmont, primarily driven by the current value of real estate in the Belmont area. While nearly 33.70% of residents own their homes outright in Belmont, 21.24% rent.
Housing affordability isn’t just about home prices, though. The average household income in Belmont is $7,746 per month. Households that rent pay about 13.82% of their income on rent here. Belmont's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Cramerton, NC: equally priced homes
- McAdenville, NC: equally priced homes
- Springwood, NC: higher priced homes
- Dixie, NC: equally priced homes
- Lowell, NC: less expensive homes
- Mount Holly, NC: less expensive homes
- Ranlo, NC: less expensive homes
- Gastonia, NC: less expensive homes
- Lake Wylie, SC: higher priced homes
- Stanley, NC: less expensive homes
Cities with Similar Populations
- Westbury, NY: higher priced homes
- Belleview, FL: less expensive homes
- Swartz Creek, MI: less expensive homes
- Baldwin, PA: less expensive homes
- Stroudsburg, PA: less expensive homes
- Rensselaer, NY: less expensive homes
- Godfrey, IL: less expensive homes
- Hopkins, MN: higher priced homes
- Grand Island, NY: less expensive homes
- Greenfield, CA: higher priced homes
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