Much like its nearby areas, it is somewhat less expensive compared to the US as a whole. Compared to the city of New York however, it's substantially less expensive.
Home prices
Belvidere's median home cost is $201,100. Compared to nearby areas it is roughly $7,140 (3%) lower.It is roughly $16,400 (7%) lower compared to the US as a whole, and in comparison to the city of New York is about $404,900 (66%) lower.
Rents
Belvidere's median rent is $954 per month. In comparison to the surrounding areas this is approximately $372 (28%) lower.Compared to the entire nation it is about $108 (10%) lower, and it is approximately $489 (33%) lower compared to the city of New York.
Nearby places
Oxford
Oxford is roughly 3 miles southeast from Belvidere. Its real estate prices are a little less expensive. The value of the median home in Oxford is $173,400, which comes out to $27,700 (15%) lower than Belvidere. Rent there is significantly less expensive. The median monthly rent in Oxford is $674, which works out to $280 (41%) lower than Belvidere.
Mountain Lake
Mountain Lake is roughly 4 miles northeast of Belvidere. The housing prices there are similar. The median home in Mountain Lake is valued at $195,500, which is $5,600 (2%) lower than Belvidere. The rent there is somewhat more expensive. In Mountain Lake the median rent is $1,234 per month, which works out to $280 (22%) higher than Belvidere.
Brass Castle
Brass Castle is approximately 5 miles southeast from Belvidere. Its housing prices are substantially more expensive. The median home value in Brass Castle is $304,400, which is $103,300 (33%) higher than Belvidere. Its rents are a lot more expensive. The median monthly rent in Brass Castle is $2,558, which is $1,604 (62%) higher than Belvidere.
East Bangor
East Bangor is approximately 6 miles northwest from Belvidere. The housing prices there are somewhat less expensive. East Bangor's median home price is $153,600, which works out to $47,500 (30%) lower than Belvidere. The rent there is somewhat more expensive. In East Bangor the median monthly rent is $1,070, which comes out to $116 (10%) higher than Belvidere.
Washington
Washington is approximately 6 miles southeast from Belvidere. The real estate prices there are somewhat more expensive. The median home cost in Washington is $214,300, which is $13,200 (6%) higher than Belvidere. Its rents are a bit more expensive. The median monthly rent in Washington is $1,094, which is $140 (12%) higher than Belvidere.
