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City · 6,009 residents · Centre County, Pennsylvania

Bellefonte , Pennsylvania

In Bellefonte, a typical home is worth $240,300 and typical rent is $975 a month. Compared with all of Centre County, the typical home value is 26% lower, typical rent is 19% lower, and the share of households that own their home is 11 points lower.

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  • Typical home value

    $240,300

    26% below the county

    6% below Pennsylvania

    • Bellefonte
    • Centre
    • Pennsylvania

  • Typical rent

    $975a month

    19% below the county

    19% below Pennsylvania

    • Bellefonte
    • Centre
    • Pennsylvania

  • Typical household income

    $62,540a year

    16% below the county

    20% below Pennsylvania

    • Bellefonte
    • Centre
    • Pennsylvania

  • Households that own their home

    51%

    11 points below the county

    18 points below Pennsylvania

    • Bellefonte
    • Centre
    • Pennsylvania

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$316,460
2.2% more than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Bellefonte is in Centre County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Centre County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Bellefonte apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Lewistown, the typical home value is $98,500: 59% less than in Bellefonte ($240,300).

  2. The typical home in Bellefonte is worth $240,300, 26% less than in Centre County as a whole ($323,500).

  3. Nearby, in Tyrone, the typical rent is $788: 19% less than in Bellefonte ($975).

  4. The typical rent in Bellefonte is $975 a month, 19% less than in Centre County as a whole ($1,207).

  5. 51% of households in Bellefonte own their home, against 62% in Centre County.

  6. The typical household income in Bellefonte is $62,540, 16% less than in Centre County as a whole ($74,291).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Bellefonte

What homes there are in Bellefonte, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Detached houses are the majority in Bellefonte (51%), but less so than in Centre County (57%).

Year built

The typical home in Bellefonte was built in 1954, 26 years before the typical one in Centre County.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$1,461 a month

Centre County: $1,869 a month

Without a mortgage

$825 a month

Centre County: $641 a month

Owners with a mortgage

70%

Centre County: 59%

In Bellefonte, 70% of owners have a mortgage, and their typical cost is $1,461 a month, against $1,869 in Centre County. Without one it drops to $825.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

Homes in Bellefonte gained value more slowly than in Centre County: 25% since 2015–2019, against 38%.

The typical rent in Bellefonte rose 21% since 2015–2019, about the same as in Centre County (21%).

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureBellefonteCentre CountyPennsylvaniaUnited States
Rental vacancy Unreliable estimate7.2%4.9%5.5%
Homeowner vacancy Unreliable estimate0.6%0.8%0.9%
More than one person per room Unreliable estimate2.3%1.6%3.4%
People per household 1.962.322.392.53
Drive alone 68%63%68%69%
Carpool 10%7%8%9%
Public transit Unreliable estimate3%4%3%
Walk or bike Unreliable estimate11%4%3%
Work from home 15%15%16%15%
Other means Unreliable estimate1%1%2%
Typical commute Unreliable estimate10 to 19 minutes20 to 29 minutes20 to 29 minutes

On average, a household in Bellefonte has 1.96 people, fewer than in Centre County (2.32).

More people carpool to work in Bellefonte than in Centre County: 10% against 7%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Bellefonte?

A typical home costs more than the typical income allows

We start with a typical home in Bellefonte, worth $240,300, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 39% of the typical household income in Bellefonte, which is $62,540 a year. For that payment to be 28% of income, a household would need to earn about $86,875 a year.

The calculator's FHA and conventional loan limits are those of all of Centre County.

Your numbers

Local data
$

Starts at the typical home value in Bellefonte. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $8,411 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,027

at 7.18% · 30 years

Loan amount
$235,947
Total interest
$339,472
Paid off in
November 2056

Includes $4,058 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,459 a month

  • Tight

    $1,459 to $1,876 a month

  • Hard

    more than $1,876 a month

    Your payment · 39%

Compared with the typical household income in Bellefonte ($62,540 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,027
Principal & interest$1,598
Property tax$222
Home insurance$100
FHA mortgage insurance (MIP)$106

You need at least $8,411 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Bellefonte and Centre County

Bellefonte is in Centre County, Pennsylvania. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Bellefonte's own numbers

Typical home value
$240,300
Typical monthly rent
$975
Typical yearly household income
$62,540
Households that own their home
51%
Effective property tax rate
1.11%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Centre County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,537
Price change over 5 years (FHFA)
+37%
Homes in a high flood-risk zone
2.8%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Centre County.

Everything about Centre County

Buying

Buying a home in Bellefonte

A typical home in Bellefonte is worth $240,300: 26% below the county and 6% below Pennsylvania. With the typical household income in Bellefonte ($62,540 a year), a typical home costs 3.8 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Bellefonte 3.8 years
  • Centre 4.4 years
  • Pennsylvania 3.3 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Centre County

According to FHFA’s house price index, home prices in Centre County rose 65% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Centre County.

Period County Pennsylvania U.S.
Last year (2025) +2.8% +4.7% +2.9%
5 years (2020–2025) +37% +48% +47%
10 years (2015–2025) +65% +77% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Bellefonte next to Centre County, Pennsylvania and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Bellefonte $240,300
  • Centre $323,500
  • Pennsylvania $254,500
  • United States $332,700
Typical monthly rent
  • Bellefonte $975
  • Centre $1,207
  • Pennsylvania $1,209
  • United States $1,413
Typical yearly household income
  • Bellefonte $62,540
  • Centre $74,291
  • Pennsylvania $77,971
  • United States $80,734
See the full table
Bellefonte next to Centre County and Pennsylvania
Measure Bellefonte Centre County Pennsylvania U.S.
Typical home value $240,300 $323,500 $254,500 $332,700
Typical monthly rent $975 $1,207 $1,209 $1,413
Typical yearly household income $62,540 $74,291 $77,971 $80,734
Households that own their home 51% 62% 69% 65%
Typical yearly property tax $2,657 $3,386 $3,311 $3,119
Effective property tax rate 1.11% 1.05% 1.3% 0.94%
Renters with high rent for their income 39% 57% 48% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Centre County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Bellefonte

For a typical $240,300 home in Bellefonte, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Bellefonte's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,027a month

    Least cash to close
    Down payment
    $8,411
    Cash to close
    $15,620
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $106

  • Conventional, 5% down $1,983a month

    Down payment
    $12,015
    Cash to close
    $19,224
    Rate
    7.18%
    Mortgage insurance
    PMI · $114

  • Conventional, 20% down, no PMI $1,625a month

    Down payment
    $48,060
    Cash to close
    $55,269
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,847a month

    Down payment
    $36,045
    Cash to close
    $43,254
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Bellefonte and for Centre County.

Property tax

Effective rate in Bellefonte

1.11%of the home’s value each year

$2,657 a year for the typical owner in Bellefonte.

  • Bellefonte 1.11%
  • Centre 1.05%
  • Pennsylvania 1.3%

What Pennsylvania publishes Property Tax/Rent Rebate Program (PTRR) (Pennsylvania Department of Revenue)

Exemptions and deadlines in Pennsylvania

Flood risk in Centre County

FEMA does not publish these numbers by city: they are for all of Centre County.

Homes in the high-risk zone
2.8%
1,376
Of those, with NFIP insurance
14%
County Pennsylvania U.S.
Homes in the high-risk zone 2.8% 2% 3.5%
Of those, with NFIP insurance 14% 23% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Bellefonte

Typical rent in Bellefonte is $975 a month: 19% below the county. In Bellefonte, 39% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Centre County, by unit size. To pay the 2-bedroom one ($1,537 a month) without spending more than 30% of your income, you would need to earn $29.56 an hour working full time.

HUD fair market rent for all of Centre County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,274 $24.50 $50,960
1 bedroom $1,282 $24.65 $51,280
2 bedrooms $1,537 $29.56 $61,480
3 bedrooms $1,977 $38.02 $79,080
4 bedrooms $2,020 $38.85 $80,800

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Bellefonte

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Bellefonte is in ZIP code 16823.

For 2 bedrooms it is $1,330: $207 less than the fair market rent for Centre County ($1,537).

  • 16823 $1,330$1,710

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Bellefonte when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Bellefonte

HUD lists 12 buildings with rents for lower incomes in Bellefonte. These are the largest.

  • Governors Gate 409 Governors Park Rd, Bellefonte 16823 66 low-income homes · For families (814) 355-3682
  • Governors Gate Apts 405 Governors Park Rd, Bellefonte 16823 66 low-income homes · 1 bd: 30 · 2 bd: 36 · In service since 2015 · For families
  • Fox Hill Senior Apts Phase II 101 Rockrimmon Dr, Bellefonte 16823 48 low-income homes · 1 bd: 34 · 2 bd: 14 · In service since 2008 · For older adults
  • Beaver Heights 200 Beaver Farm Ln, Bellefonte 16823 40 low-income homes · 2 bd: 9 · 3 bd: 24 · 4 bd: 7 · In service since 2011 · For families
  • Crestside Terrace 602 E Howard St, Bellefonte 16823 40 low-income homes · For older adults (814) 355-6750

See all 31 buildings in Centre County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Bellefonte

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There is 1 HUD-approved agency with an office in Centre County; none says it serves in Spanish.

A man listens closely, seated at a meeting table.

HUD counseling is free or low-cost

Assistance programs in Bellefonte

No down payment, repair or rent-help program on our list is for Bellefonte or Centre County. The ones below are statewide in Pennsylvania: they work in Bellefonte the same as in the rest of the state.

Which programs do I qualify for? All programs in Pennsylvania

Housing counselors near Bellefonte

The HUD-approved agencies closest to the center of Bellefonte, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • The Home Foundation

    226 E Nittany Ave, State College · 9 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 4 more
    (814) 954-4215

  • Cumberland County Housing and Redevelopment Authorities

    114 N Hanover St, Carlisle · 58 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 7 more
    (717) 249-0789

  • The Fair Housing Council of the Capital Region, Inc

    2100 N 6th St, Harrisburg · 64 miles away

    • Budget and financial counseling
    • Budget and credit workshops
    • and 4 more
    (717) 238-9540

Every agency in Centre County All counseling agencies in Pennsylvania

Help in Spanish near Bellefonte

None of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Bellefonte

HUD’s record names them for Bellefonte or Centre County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Centre County Housing Authority Public housing and Section 8 vouchers (814) 355-6965

All housing agencies in Pennsylvania Source: HUD

Cities

Other cities in Centre County

These cities are also in Centre County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Centre County Housing in Pennsylvania

Nearby cities

The cities closest to Bellefonte, with the typical home value.

Neighboring counties

If Centre County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Bellefonte.

All guides
Three women of one family lean in together to stir the pan.

Questions

Housing questions about Bellefonte

Short answers with the numbers for Bellefonte and all of Centre County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Bellefonte?

The typical home value in Bellefonte is $240,300, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Centre County it is $323,500.

How much does it cost to rent in Bellefonte?

Typical rent in Bellefonte is $975 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Centre County is $1,537.

What is the FHA loan limit in Bellefonte?

Bellefonte uses the FHA limit for all of Centre County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Bellefonte?

The typical homeowner in Bellefonte pays $2,657 a year, according to the U.S. Census Bureau. That is 1.11% of the home’s value; in Centre County, the rate is 1.05%.

Where can I find free help to buy or rent in Bellefonte?

There is 1 HUD-approved counseling agency with an office in Centre County. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).