Mortgage Rates in Bellaire, TexasMarch 2026

Updated March 2026 | Based on Bellaire market data and regional lending conditions

30-Year Fixed
6.69%
15-Year Fixed
5.94%
Median Home Price
$227,000
Est. Monthly Payment
$1,494

Bellaire is a growing city in Texas with a population of 18,971. The current 30-year fixed mortgage rate in Bellaire is 6.69%, which is 0.04% above the national average. With a median home price of $227,000 and a 20% down payment of $45,400, homebuyers can expect a monthly principal and interest payment of approximately $1,171.

Current Mortgage Rates in Bellaire, TX

Below are the current average mortgage rates available in the Bellaire area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.

Loan TypeRateNational AvgDifference
30-Year Fixed6.69%6.65%+0.04%
15-Year Fixed5.94%5.89%+0.05%
5/1 ARM6.22%6.15%+0.07%
FHA6.47%6.25%+0.22%
VA6.22%6.05%+0.17%
Jumbo6.94%6.85%+0.09%

Bellaire Housing Market Overview

The Bellaire housing market offers relatively affordable housing compared to many major cities. The median household income in Bellaire is $63,500, and the cost of living index is 88.1 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $64,029 to comfortably afford the median-priced home in Bellaire, which exceeds the current median household income.

Population
18,971
Median Income
$63,500
Property Tax Rate
1.71%
Cost of Living
88.1
Down Payment (20%)
$45,400
Income Needed
$64,029

Monthly Payment Breakdown for Bellaire

Based on the median home price of $227,000 with 20% down ($45,400), here is what you can expect to pay monthly in Bellaire:

Principal & Interest (30-yr at 6.69%)$1,171
Property Tax$323
Estimated Insurance$57
Total Estimated Monthly$1,551

15-Year vs. 30-Year Mortgage in Bellaire

Choosing a 15-year mortgage in Bellaire at 5.94% instead of a 30-year at 6.69% would save you $146,700 in total interest over the life of the loan. However, your monthly payment would be $1,527 instead of $1,171 — an increase of $356 per month.

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Frequently Asked Questions About Mortgages in Bellaire

What are the current mortgage rates in Bellaire, TX?

As of March 2026, the average 30-year fixed mortgage rate in Bellaire, Texas is 6.69%, while the 15-year fixed rate is 5.94%. FHA loans average 6.47% and VA loans 6.22%. These rates are 0.04% above the national average of 6.65%.

How much is a monthly mortgage payment in Bellaire?

Based on the median home price of $227,000 with 20% down, the estimated monthly mortgage payment in Bellaire is $1,171 for principal and interest. Including property taxes of $323/month, the total monthly housing cost is approximately $1,494.

What income do I need to buy a home in Bellaire?

Using the 28% rule, you would need an annual income of approximately $64,029 to afford the median-priced home in Bellaire at $227,000. The median household income in Bellaire is $63,500. This means most households would need to either earn above the median or consider homes below $227,000.

Is Bellaire a good place to buy a home in 2026?

Bellaire offers a below-average cost of living with a cost of living index of 88.1 (national average = 100). The property tax rate in Texas is 1.71%, which is above the national average. Bellaire has a population of 18,971 and offers a very affordable lifestyle.

Mortgage Rates in Other Texas Cities

Houston, TX
6.7% | $265,000
San Antonio, TX
6.7% | $255,000
Dallas, TX
6.7% | $315,000
Austin, TX
6.7% | $450,000
Fort Worth, TX
6.7% | $295,000

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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Bellaire, Texas area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.