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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 $885,958, higher than the Massachusetts average of $625,090.
The average cost of rent is $2,394/mo in Bedford, primarily driven by the current value of real estate in the Bedford area. In Bedford, 31.34% of households rent, and 38.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bedford is $14,637 per month. Households that rent pay about 16.35% of their income on rent here. Bedford’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Riverside, MA: higher priced homes
- Hanscom Afb, MA: higher priced homes
- Pinehurst, MA: less expensive homes
- Burlington, MA: less expensive homes
- Billerica, MA: less expensive homes
- Lexington, MA: higher priced homes
- Carlisle, MA: higher priced homes
- Concord, MA: higher priced homes
- Lincoln, MA: higher priced homes
- North Billerica, MA: less expensive homes
Cities with Similar Populations
- Flint, TX: less expensive homes
- Rehoboth Beach, DE: less expensive homes
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- Purvis, MS: less expensive homes
- Pulaski, VA: less expensive homes
- Pulaski, TN: less expensive homes
- Princeton, MN: less expensive homes
- Portage, WI: less expensive homes
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