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Bellechester

Learn about the people, housing, costs and businesses in Bellechester, Minnesota

Median Home$367,045
Median Rent$1,036/month
Population170
Leading IndustriesTransportation · Construction · Agriculture & Mining7% transportation
Home Value Growth⬆⬆+15.8% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners87% of occupied units
NotableHigh Incomes$101k/year · top 17% nationally
Bellechester
MN

Frequently Asked Questions

What are today's mortgage rates in Bellechester?

As of today, the 30-year fixed mortgage rate for Bellechester is approximately 7.048% (7.089% 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 Bellechester?

The median home value in Bellechester is $367k. The median monthly rent is $1,036. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bellechester?

Home values in Bellechester have increased 15.8% over the past two years. This indicates a strong appreciation trend. 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 Bellechester?

Based on a typical all-in ownership cost of $1,263/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $54k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bellechester is $101k/year.

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What industries drive the economy in Bellechester?

The largest employment sectors in Bellechester are public administration (25%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.