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 $173,200, lower than the Tennessee average of $218,916.
The average cost of rent is $584/mo in Belmont, primarily driven by the current value of real estate in the Belmont area. While nearly 49.58% of residents own their homes outright in Belmont, 19.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in Belmont is $3,899 per month. Households that rent pay about 14.98% of their income on rent here. Belmont's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Rutledge Falls, TN: higher priced homes
- Ovoca, TN: higher priced homes
- White Oaks, TN: equally priced homes
- Tullahoma, TN: equally priced homes
- Capitol Hill, TN: less expensive homes
- Hillsboro, TN: equally priced homes
- Manchester, TN: equally priced homes
- Estill Springs, TN: less expensive homes
- Gum Creek, TN: equally priced homes
- Normandy, TN: higher priced homes
Cities with Similar Populations
- Labarre, LA: less expensive homes
- Encino, NM: less expensive homes
- Spotville, AR: less expensive homes
- Elmdale, KS: less expensive homes
- Kewa, WA: less expensive homes
- Kim, CO: higher priced homes
- El Mirage, CA: equally priced homes
- Egnar, CO: higher priced homes
- Phelps, IL: higher priced homes
- Kyburz, CA: higher priced homes
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