The Most Affordable Neighborhoods in Bedford Park, IL by Home Value

 

Bedford Park, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Bedford Park area can be challenging. Home prices in Bedford Park are now at a median cost of $228,467, lower than the Illinois average of $242,002.

The average cost of rent is $1,325/mo in Bedford Park, primarily driven by the current value of real estate in the Bedford Park area. While nearly 36.06% of residents own their homes outright in Bedford Park, 18.28% rent.

Housing affordability isn’t just about home prices, though. The average household income in Bedford Park is $6,646 per month. Households that rent pay about 19.94% of their income on rent here. Bedford Park's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.


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