The typical owner-occupied home in Belvidere is worth about $17,500, 93% below the South Dakota median of $257,400 and 95% below the national median of $332,700. The median household earns $50,469 a year, so the median home costs 0.3 times the median income (3.4 times for South Dakota). 84% of occupied homes here are lived in by their owners, and 0% of those owners still have a mortgage.
Belvidere at a glance
| Belvidere | South Dakota | U.S. | |
|---|---|---|---|
| Median home value | $17,500 | $257,400 | $332,700 |
| Median property tax paid per year | – | $2,724 | $3,119 |
| Median household income | $50,469 | $75,081 | $80,734 |
| Homes lived in by their owners | 84% | 69% | 65% |
| Owner homes with a mortgage | 0% | 54% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,680 | $1,963 |
| Median rent | – | $946 | $1,413 |
| Median year homes were built | 1969 | 1980 | 1980 |
| Vacant homes | 51.3% | 10.5% | 10.1% |
| Population | 114 | 907,428 | 334,922,499 |
What a typical home costs per month in Belvidere
At this week's average 30-year rate of 7.11%, buying the median Belvidere home of $17,500 with 20% down costs about $118 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $147, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $5,036 for the 20%-down payment. That payment is 3% of the median Belvidere household income of $50,469; at that income and 20% down, the 28% guideline points to a home of about $175,000.
| Down payment | $3,500 |
|---|---|
| Loan amount | $14,000 |
| Principal and interest | $94 |
| Property taxes (1.10% a year) | $16 |
| Homeowners insurance (our estimate, 0.5% a year) | $7 |
| PMI | $0 |
| Total per month | $118 |
Change the numbers in the calculator
| Down payment | $612 |
|---|---|
| Loan amount | $17,183 |
| Principal and interest | $116 |
| Property taxes (1.10% a year) | $16 |
| Homeowners insurance (our estimate, 0.5% a year) | $7 |
| FHA mortgage insurance | $8 |
| Total per month | $147 |
Change the numbers in the calculator
Questions about home buying in Belvidere
What is the median home value in Belvidere?
About $17,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Belvidere?
For the median home with 20% down at 7.11%, the payment is about $118 a month. Keeping that under 28% of gross income takes about $5,036 a year.
More about Belvidere
- Mortgage Refinance in Belvidere
- Debt Relief in Belvidere
- Home Equity Loans in Belvidere
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data