Affordable
Expensive
Expensive
Colorblind friendly
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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 $225,326, lower than the Philadelphia average of $373,942.
The average cost of rent is $1,138/mo in Belmont, primarily driven by the current value of real estate in the Belmont area. In Belmont, 69.61% of households rent, and 60.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Belmont is $3,259 per month. Households that rent pay about 34.91% of their income on rent here. Belmont’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Cobbs Creek, Philadelphia, PA: higher priced homes
- University City, Philadelphia, PA: higher priced homes
- Haddington, Philadelphia, PA: less expensive homes
- Haddington-Carroll Park, Philadelphia, PA: less expensive homes
- Brewerytown, Philadelphia, PA: higher priced homes
- Fairmount, Philadelphia, PA: higher priced homes
- Kingsessing, Philadelphia, PA: less expensive homes
- Spring Garden, Philadelphia, PA: higher priced homes
- Wynnefield, Philadelphia, PA: higher priced homes
- City Center West, Philadelphia, PA: higher priced homes
Neighborhoods with Similar Populations
- Millard, Omaha, NE: higher priced homes
- Bayview, San Francisco, CA: higher priced homes
- Active Bethel, Eugene, OR: higher priced homes
- Southeast, Raleigh, NC: higher priced homes
- Far South, Fort Worth, TX: higher priced homes
- Montebello, Denver, CO: higher priced homes
- South Dallas Fair Park, Dallas, TX: less expensive homes
- Los Feliz, Los Angeles, CA: higher priced homes
- Westwood, Cincinnati, OH: less expensive homes
- Somerton, Philadelphia, PA: higher priced homes
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