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Affordable
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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 $231,019, lower than the Wisconsin average of $280,373.
The average cost of rent is $810/mo in Belmont, primarily driven by the current value of real estate in the Belmont area. In Belmont, 23.34% of households rent, and 37.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Belmont is $6,449 per month. Households that rent pay about 12.56% of their income on rent here. Belmont’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Elk Grove, WI: equally priced homes
- Meekers Grove, WI: equally priced homes
- Rewey, WI: less expensive homes
- Platteville, WI: higher priced homes
- Bigpatch, WI: higher priced homes
- Lead Mine, WI: less expensive homes
- Mineral Point, WI: higher priced homes
- Georgetown, WI: equally priced homes
- Darlington, WI: less expensive homes
- Cuba City, WI: less expensive homes
Cities with Similar Populations
- Ewing, VA: less expensive homes
- Irons, MI: less expensive homes
- Morgan, TX: equally priced homes
- Northfield, CT: higher priced homes
- Pineland, TX: less expensive homes
- Pearl City, IL: less expensive homes
- Inwood, IA: higher priced homes
- Lilesville, NC: less expensive homes
- Lohman, MO: equally priced homes
- Metamora, IN: higher priced homes
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