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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 $219,059, lower than the Ohio average of $236,816.
The average cost of rent is $905/mo in Belmont, primarily driven by the current value of real estate in the Belmont area. In Belmont, 15.24% of households rent, and 46.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Belmont is $8,287 per month. Households that rent pay about 10.92% of their income on rent here. Belmont’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Loomis, OH: equally priced homes
- Lamira, OH: higher priced homes
- Lloydsville, OH: equally priced homes
- Bethesda, OH: less expensive homes
- Warnock, OH: equally priced homes
- Morristown, OH: equally priced homes
- Speidel, OH: higher priced homes
- Bannock, OH: higher priced homes
- St. Clairsville, OH: equally priced homes
- Hunter, OH: equally priced homes
Cities with Similar Populations
- Valley Head, AL: less expensive homes
- Tremont, PA: less expensive homes
- Amity, AR: less expensive homes
- Caddo, OK: less expensive homes
- Cascade, ID: higher priced homes
- Rothbury, MI: less expensive homes
- Riesel, TX: equally priced homes
- Conesus, NY: equally priced homes
- Redfield, AR: less expensive homes
- Crofton, KY: less expensive homes
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