Home prices
The median home price in Bedford is $91,400. Compared to its nearby areas this is roughly $21,320 (18%) lower.In comparison to the rest of the nation it is approximately $126,100 (57%) lower, and in comparison to the city of Cleveland it is roughly $21,800 (31%) higher.
Rents
The median rent in Bedford is $850 a month. Compared to its surrounding areas this is about $109 (11%) lower.Compared to the rest of the country it is about $212 (19%) lower, and is roughly $131 (18%) higher compared to the city of Cleveland.
Nearby places
Bedford Heights
Bedford Heights is Bedford's neighbor to the northeast. Its real estate prices are somewhat more expensive. The median home value in Bedford Heights is $102,600, which comes out to $11,200 (10%) higher than Bedford. Its rents are similar. Bedford Heights's median rent is $826 per month, which works out to $24 (2%) lower than Bedford.
Maple Heights
Maple Heights is Bedford's neighbor to the northwest. Its real estate prices are a lot less expensive. The median home in Maple Heights is valued at $68,200, which comes out to $23,200 (34%) lower than Bedford. Rents there are a bit more expensive. In Maple Heights the median monthly rent is $926, which is $76 (8%) higher than Bedford.
Walton Hills
Walton Hills is Bedford's neighbor to the southwest. Housing prices there are significantly more expensive. The median home in Walton Hills is valued at $217,500, which works out to $126,100 (57%) higher than Bedford. Rent there is substantially more expensive. Walton Hills's median rent is $1,446 a month, which comes out to $596 (41%) higher than Bedford.
North Randall
North Randall is approximately 2 miles north from Bedford. The real estate prices there are fairly similar. The median home in North Randall costs $94,300, which works out to $2,900 (3%) higher than Bedford. The rent there is a bit less expensive. The median rent in North Randall is $762 a month, which comes out to $88 (11%) lower than Bedford.
Warrensville Heights
Warrensville Heights is roughly 3 miles north from Bedford. The real estate prices there are a little less expensive. The median home cost in Warrensville Heights is $81,000, which is $10,400 (12%) lower than Bedford. Rent there is fairly similar. Warrensville Heights's median monthly rent is $835, which works out to $15 (1%) lower than Bedford.