Belmont, MA Real Estate

According to census data in the year 2000 there were 9,980 housing units in Belmont. This represents a 0.1% growth from 9,968 in 1990.

Of those housing units, 9,980 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Belmont is about 60.9%. Belmont's vacancy rate, including seasonal lodging, is about 2.5%. Average household size is 2.45 people.

The majority of houses, apartments or condos in Belmont were built after 1939.


Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom7%
Two Bedrooms35.70%
Three Bedrooms32.10%
Four Bedrooms17.40%
Five Bedrooms or more7.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.74
Median year structure was built1939
Median Value of occupied units$450,000
Median Price asked for vacant units$311,100

Rented Homes, Apartments and Condos

Average Household Size2.01
Median year structure was built1939
Median Monthly Rent asked for vacant units$1,116

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage4.50%
Home Equity Loan12%
Simple Mortgage46.20%
Debt Free37.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.9%