Belmont, Allegany County, NY

Median Home Price Price

$126,533 $126.5K

Median Monthly Rent Rent

$888 $888

12.0x

Market Snapshot

Belmont, Allegany County, NY is a city market with a median home price of $126,533, a median monthly rent of $888, a GRM of 12.0x, and a price-to-rent ratio of 11.9.

Comparable Markets

Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

01 Richburg, Allegany County, NY
Top recommendation Nearby alternative Lower GRM Lower price Higher rent Rent momentum
High confidence
Price $86.2K
Rent $1.1K
GRM 7.0x
02 Canaseraga, Allegany County, NY
Nearby alternative Lower GRM Lower price Higher rent
High confidence
Price $110.9K
Rent $1.1K
GRM 8.0x
Explore the data
Region Show
Richburg
$86K $1.1K 7.0x
Canaseraga
$111K $1.1K 8.0x
Fillmore Explore deeper
$140K $934 12.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Gloversville, Fulton County, NY
$167K $1.1K 12.0x
Delevan, Cattaraugus County, NY Explore deeper
$182K $956 16.0x
Port Jervis, Orange County, NY Explore deeper
$308K $1.6K 16.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Hinton, Summers County, WV
$131K $1.1K 10.0x
Savannah, Hardin County, TN
$185K $926 17.0x
Parsons, Labette County, KS Explore deeper
$77K $871 7.0x

Home prices

Monthly rent

GRM = home price / annual rent

Belmont

Map loads when visible.

Benchmark comparison

Rent in Belmont, NY is 20.6% lower than Richburg, NY.

Compare to Richburg, NY
Belmont, NY
Richburg, NY
Delta
Median rent
$888
$1,119
+$231
Median price
$126,533
$86,206
-$40,327
YoY change
+$69
+$122
+$53
Price-to-rent
11.9x
6.4x
-5.5x

Key takeaways

  • Belmont, Allegany County, NY has a lower-grm screening profile: At 12.0x GRM, current rent may provide stronger support relative to price.
  • Low GRM can also reflect operating friction, softer appreciation expectations, or local risk that GRM does not capture.
  • Rent momentum is positive, with median rent up about $69 year over year.
  • Rent in Belmont, NY is 20.6% lower than Richburg, NY.