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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 $148,717, lower than the Ohio average of $236,816.
The average cost of rent is $1,107/mo in Bedford, primarily driven by the current value of real estate in the Bedford area. In Bedford, 38.46% of households rent, and 34.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bedford is $5,044 per month. Households that rent pay about 21.94% of their income on rent here. Bedford’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bedford Heights, OH: less expensive homes
- Maple Heights, OH: less expensive homes
- Walton Hills, OH: higher priced homes
- North Randall, OH: less expensive homes
- Glenwillow, OH: higher priced homes
- Warrensville Heights, OH: equally priced homes
- Valley View, OH: higher priced homes
- Highland Hills, OH: less expensive homes
- Garfield Heights, OH: less expensive homes
- Orange, OH: higher priced homes
Cities with Similar Populations
- Vincentown, NJ: higher priced homes
- King City, CA: higher priced homes
- Upper Marlboro, MD: higher priced homes
- Valle Vista, CA: higher priced homes
- Vandalia, OH: higher priced homes
- King, NC: higher priced homes
- Vermilion, OH: higher priced homes
- Verona, PA: less expensive homes
- Fort Riley, KS: higher priced homes
- Brock Hall, MD: higher priced homes
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