A typical Bedford home is worth roughly $97,000
What kind of housing town is Bedford?
Read from the numbers below. The page puts what stands out first.
A typical home costs 1.6 years of income
Less than across Illinois (3.6 years). Try your own numbers below.
That covers a typical Bedford home, with $117K to spare.
A two-bedroom rents for about $940 a month here, $310 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Bedford’s typical property tax (1.54% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $940
Renters already here pay a median of $625, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Wayne County, IL): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
79% of Bedford households own their home
Half of Bedford’s homes were built before 1960.
Illinois: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024.
Bedford vs. its neighbors
Bedford is the least expensive of 3 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Bedford | $97K* | — | $940 | $59,779 |
| Indian Prairie | $159K* | — | $930 | $54,663 |
| Lamard | $110K* | — | $1,020 | $69,471 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Bedford buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.