If you don't have room for a frame, also consider a sit down model. I just got a Tin Lizzie sit down, which I admit is a little over your limit however if you or someone you know is good with wood and tools, you can make a set in table for a Bailey. It's a shame they don't sell one yet. They would open up a market. There are women in the Bailey yahoogroup that retrofitted a table/desk for setting their Baileys inside.
I love my Lizzie sit down. I used to have a Bailey on a frame (and before that it was a Voyager which was ridiculously heavy) but I didn't really care for standing at a frame - or the massive space it consumed in my craft room... so the sit down was the way for me.
You could totally make a table for your Bailey or even get a Sunshine 16 which does come with a table option. I chose to not get the Sunshine only because I didn't like the weird side rails on the table it came with. It was only after I got my Lizzie that I was like duh. I should have asked the Sunshine person if they could not put those silly side rails on the table. That would have been enough to get me to drive out and look at it... Too late now. I do like my Lizzie a lot