Home Price Key
Affordable
Average
Expensive
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 $184,576, lower than the Virginia average of $323,261.
The average cost of rent is $883/mo in Bedford, primarily driven by the current value of real estate in the Bedford area. While nearly 41.02% of residents own their homes outright in Bedford, 24.53% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bedford is $5,076 per month. Households that rent pay about 17.40% of their income on rent here. Bedford's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Lowry, VA: equally priced homes
- Otterville, VA: higher priced homes
- Goode, VA: higher priced homes
- Union, VA: less expensive homes
- Otter Hill, VA: higher priced homes
- Reba, VA: less expensive homes
- Thaxton, VA: less expensive homes
- Coltons Mill, VA: equally priced homes
- Charlemont, VA: higher priced homes
- Sedalia, VA: higher priced homes
Cities with Similar Populations
- Gilbertsville, PA: higher priced homes
- Lindale, TX: higher priced homes
- Liberty, SC: less expensive homes
- Lewisville, NC: higher priced homes
- Lafollette, TN: less expensive homes
- Labelle, FL: less expensive homes
- Hugo, MN: higher priced homes
- Hershey, PA: higher priced homes
- Hermitage, PA: less expensive homes
- Greenacres, WA: higher priced homes
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