Foreclosure Homes in Bellaire, MI

Current Market Conditions in Bellaire, MI

The real estate market in Bellaire is showing strong growth, particularly in vacation and rental properties. The appeal of northern Michigan's natural beauty has led to increasing demand, making it a prime location for investment.

With steady appreciation in property values and a surge in short-term rental opportunities, investors can expect positive returns. The area's charm and the influx of visitors year-round contribute to a vibrant market landscape, making Bellaire a key consideration for those looking to invest in real estate.

Rent Prices In Bellaire, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bellaire, MI, is on a rollercoaster ride. The average rent price in Bellaire, MI, is $1,567.00. Indeed, when looking to rent in Bellaire, MI, you can expect to pay as little as $660.00 or as much as $3,080.00, with the average rent median estimated to be $1,580.00. The good news is that finding an affordable and desirable property to rent in Bellaire, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.