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 $76,889, lower than the Roanoke average of $195,414.
The average cost of rent is $874/mo in Belmont, primarily driven by the current value of real estate in the Belmont area. While nearly 42.17% of residents own their homes outright in Belmont, 59.27% rent.
Housing affordability isn’t just about home prices, though. The average household income in Belmont is $3,454 per month. Households that rent pay about 25.30% 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 neighborhood.
Nearby Neighborhoods
- Williamson Road, Roanoke, VA: higher priced homes
- South Roanoke, Roanoke, VA: higher priced homes
- Melrose-Rugby, Roanoke, VA: higher priced homes
- Roundhill, Roanoke, VA: higher priced homes
- Colonial Avenue Area, Roanoke, VA: higher priced homes
- Raleigh Court, Roanoke, VA: higher priced homes
- Preston Park, Roanoke, VA: higher priced homes
- Kabrich Crescent, Blacksburg, VA: higher priced homes
- Hethwood-Prices Fork, Blacksburg, VA: higher priced homes
- Bedford Hills, Lynchburg, VA: higher priced homes
Neighborhoods with Similar Populations
- Baker, Mobile, AL: higher priced homes
- Barnegat Pines, Forked River, NJ: higher priced homes
- South Coast, Santa Ana, CA: higher priced homes
- River Point, West Warwick, RI: higher priced homes
- Harlan Ranch, Clovis, CA: higher priced homes
- Rothfield, Semmes, AL: higher priced homes
- Santiam, Albany, OR: higher priced homes
- Fort Caroline Shores, Jacksonville, FL: higher priced homes
- Embassy Hills, Jasmine Estates, FL: higher priced homes
- El Trece, Laredo, TX: less expensive homes
All Local Stats
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