States › Ohio › Bedford

Is Bedford, OH expensive to live in?

OKRent takes 21 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,06739% lower than U.S. average
💵 Families earn per year (2026)$61,807about $5,151/month · 29% lower than U.S. average
🔑 House price$135,20059% lower than U.S. average

Rent is lower than in 84% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $42,680 a year. That is $21 an hour at a full-time job.

Is rent cheaper than other Ohio cities?

Yes. Rent here is cheaper than in most of Ohio. It is number 76 of 288 cities from cheapest to most expensive.

Bedford
$1,067
Amherst
$1,002
West Carrollton
$1,586
Amelia
$1,066
Dover
$1,103
Harrison
$1,417
Bexley
$1,659

How much do households earn in Bedford?

Under $25k
18.4%
$25k–50k
30.1%
$50k–100k
30.1%
$100k–150k
12.9%
$150k+
4.0%

Share of households by yearly income. 16.9% of households earn $100,000 or more.

Rent by apartment size in Bedford

SizeBedfordU.S. average
Studio$811$1,338
1 bedroom$1,019$1,324
2 bedrooms$1,262$1,509
3 bedrooms$1,529$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Bedford overall?

Everyday prices in Ohio overall are 7% below the U.S. average (index 92.8, U.S. = 100).

Housing
73
Goods (food, clothes…)
94
Utilities
96
Other services
99
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Bedford, so the Ohio figure is shown.

Taxes and bills in Bedford

🏛️ Property tax$2,678a year · 1.98% of home value · U.S. $3,119
⚡ Electric bill$90a month (typical) · U.S. $156

Life in Bedford

Commute to work20.1 minU.S.: 26.4 min
College degree20.2%U.S.: 35.7%
Own their home59.2%U.S.: 65.2%
Below poverty line13.6%U.S.: 12.5%
Unemployment8.1%U.S.: 5.2%

Is it cheaper to rent or buy in Bedford?

Buying is cheaper month to month: about $129 a month less than renting.

Renting
$1,067
Owning
$938

Owning assumes a typical $135,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $13,520 for the down payment.

Frequently asked questions

What is the average rent in Bedford, OH?

Renting in Bedford costs a median of about $1,067 a month in 2026, including utilities. The Ohio median is $1,261.

How much do I need to make to live in Bedford?

To keep rent under 30% of income, you need about $42,680 a year, or $21 an hour at a full-time job.

Is Bedford cheap or expensive?

Bedford is rated OK: rent takes 20.7% of the typical household income of $61,807. It ranks 76th cheapest of 288 Ohio cities we track.

How much are property taxes in Bedford?

The median homeowner in Bedford pays $2,678 a year in property taxes, about 1.98% of the median home value.

Is Bedford more expensive than the national average?

Overall prices in Ohio are 7% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Bedford?

The median home value in Bedford is $135,200, about 2.2 times the typical yearly household income.

12,931 people live in Bedford. Numbers are typical (middle) values.