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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 $248,425, lower than the Illinois average of $300,242.
The average cost of rent is $1,782/mo in Bedford Park, primarily driven by the current value of real estate in the Bedford Park area. In Bedford Park, 13.80% of households rent, and 32.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bedford Park is $6,988 per month. Households that rent pay about 25.51% of their income on rent here. Bedford Park’s most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Summit, IL: equally priced homes
- Forest View, IL: equally priced homes
- McCook, IL: less expensive homes
- Bridgeview, IL: less expensive homes
- Lyons, IL: higher priced homes
- Stickney, IL: equally priced homes
- Burbank, IL: higher priced homes
- Justice, IL: less expensive homes
- Hodgkins, IL: less expensive homes
- Riverside, IL: higher priced homes
Cities with Similar Populations
- Yancey, TX: equally priced homes
- Yakutat, AK: less expensive homes
- Annetta South, TX: higher priced homes
- Ulah, IL: less expensive homes
- Grant, LA: less expensive homes
- Georgetown, ID: equally priced homes
- Gratiot, OH: equally priced homes
- Green Pond, SC: less expensive homes
- Sideview, KY: higher priced homes
- Greenvale, TN: higher priced homes
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