A typical Belgrade home is worth about $185,000
Up 1.5% in a year, 47% below the Minnesota typical home.
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
What kind of housing town is Belgrade?
Read from the numbers below. The page puts what stands out first.
A typical home costs 3.6 years of income
Less than across Minnesota (3.9 years). Try your own numbers below.
That covers a typical Belgrade home, with $11K to spare.
A two-bedroom rents for about $1,040 a month here, $90 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Belgrade’s typical property tax (1.03% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
Up 23.6% in five years
Faster than Minnesota (14.1%).
Show as a table
| January | Belgrade | Minnesota |
|---|---|---|
| 2017 | $99,000 | $217,000 |
| 2018 | $109,000 | $232,000 |
| 2019 | $114,000 | $246,000 |
| 2020 | $118,000 | $259,000 |
| 2021 | $140,000 | $282,000 |
| 2022 | $151,000 | $313,000 |
| 2023 | $163,000 | $325,000 |
| 2024 | $175,000 | $331,000 |
| 2025 | $184,000 | $341,000 |
| 2026 | $184,000 | $349,000 |
| August 2026 | $185,000 | $351,000 |
A typical Belgrade home worth $97K in September 2016 is worth about $185K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
A two-bedroom rents for about $1,040
Renters already here pay a median of $756, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (St. Cloud, MN MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
No new homes permitted in 2025
No permits for new homes were issued in Belgrade in 2025. The last year with any was 2022 (1 new home).
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 1 | 1 | 0 | $312,000 |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 3 | 3 | 0 | $290,000 |
| 2018 | 2 | 2 | 0 | $170,000 |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 1 | 1 | 0 | $95,000 |
| 2015 | 8 | 8 | 0 | $2 million |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
1 of Belgrade’s houses are on the National Register
Half of Belgrade’s homes were built before 1961.
Minnesota: 72% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error. Historic houses: National Register of Historic Places.
Belgrade vs. its neighbors
The towns that share a border with Belgrade. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Belgrade | $185K | +1.5% | $1,040 | 0 | $51,103 |
| Crow River | — | +10.5%† | $1,040 | — | $91,250 |
| Crow Lake | — | +10.5%† | $1,110 | — | $95,417 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
On the market in Belgrade
Listed in the past 60 days. Each opens on the listing site.
Neighbors talk housing
What Belgrade buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Historic houses: National Register of Historic Places. Listings link to their publishers. The calculator is an estimate, not a loan offer.