Quick facts: Belleview, FL

Quick Facts

107.5
Cost of Living
above US average
5,650
Population
40.0
Crime Rate per 1000
above US average
$49,007
Median Income
below US average
$250,000
Median House Price
above US average
$1594.27
Average Rent
above US average
11%
Poverty Rate
above US average
4.5%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $49,007.

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Income Needed to Buy

βœ— Stretch
$78k/year
Based on $250,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $78k vs median $49,007
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Income Needed to Rent

⚠ Stretch
$68k/year
Based on $1594.27/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $68k vs median $49,007
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Belleview, FL

Belleview is a charming city located in Marion County, Florida, known for its small-town atmosphere and friendly community. Situated between Ocala and The Villages, it serves as a convenient gateway to the natural beauty of Central Florida. The city encompasses a mix of historical sites, local boutiques, and parks that cater to outdoor enthusiasts and families alike. One of the highlights of Belleview is Lake Lillian, which offers fishing, picnicking, and scenic views for nature lovers. The annual events, such as the Belleview Fall Festival, foster community spirit and celebrate local culture. The city's proximity to Ocala National Forest allows for various recreational activities such as hiking, boating, and camping. With a population of just over 5,000 residents, Belleview boasts a close-knit community feel, complemented by essential services, schools, and local businesses. The real estate market features a mix of affordable homes, making it attractive for first-time buyers and retirees seeking a peaceful lifestyle. Belleview's blend of natural beauty and community-oriented living makes it a hidden gem in Central Florida.

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