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These days, finding an affordable place to live in the Paloma area can be challenging. Home prices in Paloma are now at a median cost of $473,001, lower than the California average of $812,006.
The average cost of rent is $1,283/mo in Paloma, primarily driven by the current value of real estate in the Paloma area. In Paloma, 19.32% of households rent, and 52.50% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Paloma is $5,260 per month. Households that rent pay about 24.39% of their income on rent here. Paloma’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- San Andreas, CA: less expensive homes
- Campo Seco, CA: equally priced homes
- Mokelumne Hill, CA: equally priced homes
- Jackson, CA: equally priced homes
- Valley Springs, CA: higher priced homes
- Sunnybrook, CA: less expensive homes
- Buena Vista, CA: less expensive homes
- Burson, CA: higher priced homes
- Sutter Creek, CA: higher priced homes
- Rancho Calaveras, CA: equally priced homes
Cities with Similar Populations
- Willet, NY: less expensive homes
- Harrell, AR: less expensive homes
- Harrington, WA: less expensive homes
- Harvey, IA: less expensive homes
- Hayes, LA: less expensive homes
- Hayes, WI: less expensive homes
- Wyman, MI: less expensive homes
- Worms, NE: less expensive homes
- Woodville Hills, IN: less expensive homes
- Woodlawn, LA: less expensive homes
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