What percentage of people rent in Belmont, CA?
45.2% (±3.5 points) of the occupied homes in Belmont, CA are rented (2020–2024 American Community Survey).
That is 4,741 renting households against 5,759 that own their home.
In Belmont, the share of households that rent went from 39.2% in 2015–2019 to 45.2% in 2020–2024 (+6.0 percentage points), a measurable increase.
Figures last updated on .
- Households that rent
- 45.2% (±3.5 points)
- Renting households
- 4,741 (±402)
- Median renter income
- $147,594 (±$18,510)
Who rents and who owns in Belmont
| Belmont | San Mateo County | California | United States | |
|---|---|---|---|---|
| Renter-occupied share | 45.2% (±3.5 points) | 41.5% (±0.7 points) | 44.1% (±0.2 points) | 34.8% |
| Renting households | 4,741 (±402) | 109,812 (±1,879) | 5,980,523 (±22,985) | 45,017,354 |
| Owning households | 5,759 (±398) | 154,607 (±1,889) | 7,567,568 (±37,334) | 84,210,142 |
| Average renter household size | 2.1 (±0.2) | 2.6 (±0.0) | 2.7 (±0.0) | 2.3 |
| Average owner household size | 2.9 (±0.1) | 2.9 (±0.0) | 3.0 (±0.0) | 2.6 |
| Median renter household income | $147,594 (±$18,510) | $119,424 (±$3,650) | $71,186 (±$298) | $52,966 |
| Median owner household income | $250,000 or more | $197,950 (±$4,038) | $127,456 (±$424) | $100,009 |
In Belmont, the renter share is higher than in San Mateo County (41.5%).
It is not measurably different from California (44.1%).
It is higher than the national figure (34.8%).
In San Mateo County, Belmont ranks 10 of 31 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 273 of 1,076.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Belmont has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 39.2% (±2.4 points) | 45.2% (±3.5 points) | +6.0 percentage points | Measurable increase |
| Median gross rent | $2,342 (±$80) | $2,875 (±$108) | +22.8% | No measurable change after inflation |
| Median household income | $156,052 (±$11,223) | $205,297 (±$18,232) | +31.6% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Belmont
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Belmont | — | 45.2% (±3.5 points) | — |
| San Carlos | 1.8 mi | 32.2% (±2.8 points) | Lower |
| Baywood Park | 2.8 mi | 10.3% (±9.0 points) | Lower |
| Highlands | 2.8 mi | 15.3% (±4.9 points) | Lower |
| San Mateo | 3.3 mi | 50.1% (±1.7 points) | Higher |
| Emerald Lake Hills | 3.7 mi | 9.2% (±3.8 points) | Lower |
| Foster City | 4.2 mi | 49.2% (±2.7 points) | Not measurably different |
| Redwood City | 4.4 mi | 51.4% (±1.8 points) | Higher |
| Hillsborough | 4.6 mi | 6.5% (±2.9 points) | Lower |
Nearby places with a measurably lower figure: San Carlos, CA (32.2%), Baywood Park, CA (10.3%), Highlands, CA (15.3%).
Nearby places with a measurably higher figure: San Mateo, CA (50.1%), Redwood City, CA (51.4%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across San Mateo County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 4 | East Palo Alto | 50.9% (±4.3 points) |
| 5 | San Mateo | 50.1% (±1.7 points) |
| 6 | Foster City | 49.2% (±2.7 points) |
| 7 | Colma | 46.7% (±8.7 points) |
| 8 | Menlo Park | 45.8% (±3.0 points) |
| 9 | Brisbane | 45.3% (±12.2 points) |
| 10 | Belmont | 45.2% (±3.5 points) |
| 11 | South San Francisco | 41.0% (±2.2 points) |
| 12 | Daly City | 39.8% (±2.2 points) |
| 13 | Millbrae | 39.2% (±3.0 points) |
| 14 | San Bruno | 37.9% (±2.7 points) |
| 15 | Pacifica | 32.3% (±2.3 points) |
| 16 | San Carlos | 32.2% (±2.8 points) |
Showing 13 of 31 places in San Mateo County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Belmont
How many renters are there in Belmont?
Belmont has an estimated 4,741 (±402) renting households, 45.2% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Belmont?
In Belmont, the share of households that rent went from 39.2% in 2015–2019 to 45.2% in 2020–2024 (+6.0 percentage points), a measurable increase.
How big are renting households in Belmont?
A renting household in Belmont has 2.1 people on average, against 2.9 in an owned home.
How much do renters earn in Belmont?
The median renting household in Belmont, CA has an income of $147,594 (±$18,510) a year, against $250,000 or more for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Belmont city, California
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Belmont city, California
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Belmont city, California
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Belmont city, California
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Belmont city, California
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Belmont city, California (place:05108, in state:06).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Bedrooms in Belmont
- Age of homes in Belmont
- Vacancy rate in Belmont
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- Commute and cars in Belmont
- Crime reported to police in Belmont
- Population growth in Belmont
- How long people stay in Belmont
- Crowding and facilities in Belmont
- California landlord and tenant rules
- Housing across San Mateo County
- California places ranked by share of renters
- Housing data for every place in California