Cost of Living in Bedford County, Tennessee
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Bedford County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Bedford County, Tennessee
Bedford keeps housing costs near national norms
Bedford County's rent-to-income ratio of 17.7% sits just slightly above the national median, making it one of Tennessee's more balanced housing markets. Yet with a median household income of $62,197—16% below the national $74,755—residents still stretch further to afford similar rents.
Slightly better than state average
Bedford's 17.7% rent-to-income ratio edges below Tennessee's 17.6% average, offering modest relief compared to many other counties in the state. The $917 median rent is also competitive—just 7% above the state's $860 average.
Moderate rents, premium home prices
Bedford's $917 rent is comparable to nearby Anderson County ($960) and significantly lower than Blount County ($1,042), but its median home value of $255,300 is notably higher, suggesting a stronger ownership market. This makes Bedford attractive for buyers seeking moderate rental options with appreciating property values.
Homeownership cheaper than renting here
At $917 monthly, rent consumes 17.7% of income, while mortgage costs average $1,013—counterintuitively higher than rent. This apparent gap suggests many homeowners carry larger loans relative to incomes, possibly reflecting higher home values and longer mortgage terms.
Renters find value; buyers should plan ahead
If you rent, Bedford offers reasonable affordability at $917 per month, with rent-to-income costs near the state average. Prospective homebuyers should note the premium $255,300 median home value and consider their long-term financial readiness before relocating here.
Affordability Calculator
See how your income compares to housing costs in Bedford County
Rent Burden
17.7%
of gross income
Max Housing (28% Rule)
$1,451
per month
Owner Cost Burden
19.5%
of gross income
The median home in Bedford County may be a stretch
Median home value is $255,300. Estimated monthly cost: $2,038 vs. your max of $1,451.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.