States › North Carolina › Belmont

Is Belmont, NC expensive to live in?

CheapRent takes 19 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,5959% lower than U.S. average
💵 Families earn per year (2026)$102,331about $8,528/month · 18% higher than U.S. average
🔑 House price$395,00019% higher than U.S. average

Rent is lower than in 53% of U.S. cities. A typical house costs about 3.9 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $63,800 a year. That is $31 an hour at a full-time job.

Is rent cheaper than other North Carolina cities?

No. Rent here is more expensive than in most of North Carolina. It is number 96 of 164 cities from cheapest to most expensive.

Belmont
$1,595
Davidson
$1,852
Hendersonville
$1,583
Eden
$841
Laurinburg
$965
Henderson
$959
Roanoke Rapids
$932

How much do households earn in Belmont?

Under $25k
10.8%
$25k–50k
17.9%
$50k–100k
26.9%
$100k–150k
16.9%
$150k+
23.4%

Share of households by yearly income. 40.3% of households earn $100,000 or more.

Rent by apartment size in Belmont

SizeBelmontU.S. average
Studio$1,472$1,338
1 bedroom$787$1,324
2 bedrooms$1,466$1,509
3 bedrooms$1,976$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Belmont overall?

Everyday prices in North Carolina overall are 6% below the U.S. average (index 94.3, U.S. = 100).

Housing
81
Goods (food, clothes…)
97
Utilities
89
Other services
98
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Belmont, so the North Carolina figure is shown.

Taxes and bills in Belmont

🏛️ Property tax$3,702a year · 0.94% of home value · U.S. $3,119
⚡ Electric bill$122a month (typical) · U.S. $156

Life in Belmont

Commute to work26.5 minU.S.: 26.4 min
College degree51.1%U.S.: 35.7%
Own their home70.7%U.S.: 65.2%
Below poverty line7.9%U.S.: 12.5%
Unemployment4%U.S.: 5.2%

Is it cheaper to rent or buy in Belmont?

Renting is cheaper right now: about $1,146 a month less.

Renting
$1,595
Owning
$2,741

Owning assumes a typical $395,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $39,500 for the down payment.

Frequently asked questions

What is the average rent in Belmont, NC?

Renting in Belmont costs a median of about $1,595 a month in 2026, including utilities. The North Carolina median is $1,496.

How much do I need to make to live in Belmont?

To keep rent under 30% of income, you need about $63,800 a year, or $31 an hour at a full-time job.

Is Belmont cheap or expensive?

Belmont is rated Cheap: rent takes 18.7% of the typical household income of $102,331. It ranks 96th cheapest of 164 North Carolina cities we track.

How much are property taxes in Belmont?

The median homeowner in Belmont pays $3,702 a year in property taxes, about 0.94% of the median home value.

Is Belmont more expensive than the national average?

Overall prices in North Carolina are 6% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Belmont?

The median home value in Belmont is $395,000, about 3.9 times the typical yearly household income.

15,546 people live in Belmont. Numbers are typical (middle) values.