Belknap was named for J. H. Belknap, whose father R. S. Belknap developed Belknap Springs. Early routes through the area extended near Belknap and its lava fields, and in the early 20th century, herds of sheep were moved to the two steptoes that lie among the Little Belknap lava flows to graze. The Oregon Skyline Trail, which runs to the west of Belknap's lava flows, follows paths used by Native American populations, who harvested huckleberries in the area. Today, there are a number of trails that run near Belknap, including ones that extend to Little Belknap and Belknap Crater. Belknap can be seen by tourists at the Dee Wright Observatory, which was built in-part with lava blocks from Belknap Crater.