Home prices
The median home in Belmont is valued at $1,527,500. Compared to nearby areas it is approximately $130,560 (9%) higher.It is approximately $1,310,000 (602%) higher in comparison to the United States as a whole, and it is roughly $429,700 (39%) higher compared to the city of San Francisco.
Rents
Belmont's median rent is $2,342 a month. In comparison to other places in this area this is about $226 (8%) lower.Compared to the nation as a whole it is roughly $1,280 (120%) higher, and compared to the city of San Francisco is approximately $447 (23%) higher.
Nearby places
San Carlos
San Carlos is Belmont's neighbor to the southeast. The housing prices there are a little more expensive. The median home in San Carlos costs $1,625,700, which comes out to $98,200 (6%) higher than Belmont. Rents there are fairly similar. In San Carlos the median monthly rent is $2,321, which is very similar to Belmont.
San Mateo
San Mateo is Belmont's neighbor to the north. Real estate prices there are substantially less expensive. The median home value in San Mateo is $1,098,400, which is $429,100 (39%) lower than Belmont. Rent there is a little more expensive. In San Mateo the median rent is $2,475 per month, which is $133 (5%) higher than Belmont.
Foster City
Foster City is Belmont's neighbor to the northeast. Its real estate prices are a bit less expensive. Foster City's median home value is $1,245,800, which works out to $281,700 (22%) lower than Belmont. Rents there are somewhat more expensive. In Foster City the median rent is $3,209 per month, which works out to $867 (27%) higher than Belmont.
Redwood City
Redwood City is Belmont's neighbor to the east. Real estate prices there are a bit less expensive. Redwood City's median home cost is $1,251,000, which is $276,500 (22%) lower than Belmont. Rents there are pretty similar. In Redwood City the median monthly rent is $2,355, which is very similar to Belmont.
Highlands-Baywood Park
Highlands-Baywood Park is approximately 2 miles west from Belmont. The real estate prices there are a bit more expensive. The median home value in Highlands-Baywood Park is $1,763,800, which comes out to $236,300 (13%) higher than Belmont. Its rents are a little more expensive. In Highlands-Baywood Park the median monthly rent is $2,480, which works out to $138 (5%) higher than Belmont.