Home prices
Bellaire's median home value is $109,800. It is roughly $11,920 (9%) lower in comparison to its surrounding areas.In comparison to the rest of the country it is roughly $107,700 (49%) lower, and compared to the city of Traverse City it is about $156,300 (58%) lower.
Rents
Bellaire's median rent is $640 per month. Compared to its surrounding areas it is approximately $71 (9%) lower.It is roughly $422 (39%) lower in comparison to the country as a whole, and it is roughly $265 (29%) lower in comparison to the city of Traverse City.
Nearby places
Central Lake
Central Lake is about 6 miles north of Bellaire. The housing prices there are somewhat less expensive. The value of the median home in Central Lake is $84,400, which works out to $25,400 (30%) lower than Bellaire. Its rents are somewhat less expensive. In Central Lake the median monthly rent is $581, which comes out to $59 (10%) lower than Bellaire.
Mancelona
Mancelona is about 7 miles southeast from Bellaire. Real estate prices there are a lot less expensive. The median home in Mancelona costs $75,400, which comes out to $34,400 (45%) lower than Bellaire. Its rents are a bit more expensive. In Mancelona the median monthly rent is $843, which works out to $203 (24%) higher than Bellaire.
Rapid City
Rapid City is about 9 miles south of Bellaire. Housing prices there are somewhat more expensive. The median home cost in Rapid City is $138,400, which is $28,600 (20%) higher than Bellaire. Rents there are a little more expensive. In Rapid City the median monthly rent is $729, which is $89 (12%) higher than Bellaire.
Elk Rapids
Elk Rapids is roughly 9 miles southwest of Bellaire. The housing prices there are substantially more expensive. The median home cost in Elk Rapids is $229,200, which comes out to $119,400 (52%) higher than Bellaire. Rents there are somewhat more expensive. Elk Rapids's median monthly rent is $827, which comes out to $187 (22%) higher than Bellaire.
East Jordan
East Jordan is approximately 11 miles north from Bellaire. The real estate prices there are significantly less expensive. The median home in East Jordan is valued at $81,200, which is $28,600 (35%) lower than Bellaire. Its rents are a bit less expensive. The median rent in East Jordan is $573 per month, which works out to $67 (11%) lower than Bellaire.