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Belknap

Learn about the people, housing, costs and businesses in Belknap, Montana

Median Home$348,600
Median Rent$614/month
Population160
Leading IndustriesRetail · Construction · Agriculture & Mining22% retail
Home Value Growth-5.8% over 2 years
Family-Friendly30% of residentstop 4% nationally
Homeowners89% of occupied units
NotableTransit81/100 · excellent transit access
Belknap
MT

Frequently Asked Questions

What are today's mortgage rates in Belknap?

As of today, the 30-year fixed mortgage rate for Belknap is approximately 7.021% (7.061% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Belknap?

The median home value in Belknap is $349k. The median monthly rent is $614. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Belknap?

Home values in Belknap have decreased 5.8% over the past two years. Buyers may find more negotiating room in this market. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Belknap?

Based on a typical all-in ownership cost of $614/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Belknap is $64k/year.

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What industries drive the economy in Belknap?

The largest employment sectors in Belknap are retail (22%) and public administration (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.