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These days, finding an affordable place to live in the Bedford area can be challenging. Home prices in Bedford are now at a median cost of $115,372, lower than the Iowa average of $226,062.
The average cost of rent is $758/mo in Bedford, primarily driven by the current value of real estate in the Bedford area. In Bedford, 21.94% of households rent, and 48.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bedford is $5,541 per month. Households that rent pay about 13.69% of their income on rent here. Bedford’s most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Gravity, IA: higher priced homes
- Conway, IA: equally priced homes
- Siam, IA: higher priced homes
- New Market, IA: higher priced homes
- Hopkins, MO: less expensive homes
- Blockton, IA: equally priced homes
- Sheridan, MO: higher priced homes
- Sharpsburg, IA: higher priced homes
- Platteville, IA: equally priced homes
- Hawleyville, IA: higher priced homes
Cities with Similar Populations
- Orondo, WA: higher priced homes
- Groveton, NH: higher priced homes
- Hoboken, AL: equally priced homes
- Kila, MT: higher priced homes
- Lancing, TN: higher priced homes
- Livermore, KY: higher priced homes
- Lone Pine, CA: higher priced homes
- Lyerly, GA: higher priced homes
- Malvern, AL: higher priced homes
- Mayville, ND: higher priced homes
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