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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 $126,102, lower than the West Virginia average of $177,366.
The average cost of rent is $513/mo in Belmont, primarily driven by the current value of real estate in the Belmont area. In Belmont, 23.19% of households rent, and 61.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Belmont is $4,151 per month. Households that rent pay about 12.35% of their income on rent here. Belmont’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Eureka, WV: equally priced homes
- Vaucluse, WV: higher priced homes
- Wade, OH: higher priced homes
- Willow Island, WV: higher priced homes
- Reno, OH: higher priced homes
- Schultz, WV: higher priced homes
- St. Marys, WV: higher priced homes
- Delong, WV: higher priced homes
- Waverly, WV: higher priced homes
- Moss Run, OH: higher priced homes
Cities with Similar Populations
- Posey Mill, AL: equally priced homes
- Yale, WA: higher priced homes
- Blount Springs, AL: higher priced homes
- Aneth, UT: less expensive homes
- Arpelar, OK: higher priced homes
- Pleasant Dale, NE: higher priced homes
- East Prospect, PA: higher priced homes
- Shirley, MO: higher priced homes
- Slighs, SC: higher priced homes
- Ghent, WV: higher priced homes
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