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Belmont, NY
Full City Profile · New York · Allegany County County
3.2
/5.0
B
Good
903
Population
903/sq mi density
$62,266
Median Income
$32,899 per capita
$89,800
Home Value
$122,737 Zillow
$684
Median Rent
33.3% income on rent
46°F
Avg Temperature
246 sunny days/yr
59
Violent Crime/100K
1,372 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$62,266 median income, 1.3% unemployment
A+
Affordability
5.0 / 5.0
$89,800 home value, $684/mo rent
F
Safety
1.0 / 5.0
59 violent crimes/100K
C+
Education
2.8 / 5.0
22.7% bachelor's degree or higher
Housing Overview
Median Home Value
$89,800
68% below
US avg: $281,900
Median Rent
$684/mo
41% below
US avg: $1,163/mo
Homeownership Rate
72.6%
11% above US avg (65.4%)
Total Housing Units
425
Median year built: 1938
Home Value by Source
Census Median
$89,800
Zillow (ZHVI)
$122,737
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
72.6%
Owner-Occupied
27.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,215/mo
1 Bedroom
$1,315/mo
2 Bedroom
$1,579/mo
3 Bedroom
$1,976/mo
4 Bedroom
$2,193/mo
Census median rent:
$684/mo
Affordability & Housing Stock
Rent Burden
33.3%
of renters spending 30%+ of income on housing
7% above US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
72.6%
Complete Housing Data
Home Values
| Census Median Value | $89,800 |
| Zillow Home Value (ZHVI) | $122,737 |
Rent
| Census Median Rent | $684 |
| FMR Studio | $1,215 |
| FMR 1-Bedroom | $1,315 |
| FMR 2-Bedroom | $1,579 |
| FMR 3-Bedroom | $1,976 |
| FMR 4-Bedroom | $2,193 |
Market
Ownership & Stock
| Owner-Occupied | 72.6% |
| Renter-Occupied | 27.4% |
| Homeownership Rate | 72.6% |
| Total Housing Units | 425 |
| Median Year Built | 1938 |
| Rent Burden | 33.3% |