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These days, finding an affordable place to live in the Paola area can be challenging. Home prices in Paola are now at a median cost of $271,710, higher than the Kansas average of $243,949.
The average cost of rent is $1,204/mo in Paola, primarily driven by the current value of real estate in the Paola area. In Paola, 25.49% of households rent, and 42.50% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Paola is $7,373 per month. Households that rent pay about 16.33% of their income on rent here. Paola’s most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Somerset, KS: higher priced homes
- Hillsdale, KS: higher priced homes
- Wagstaff, KS: higher priced homes
- Osawatomie, KS: less expensive homes
- Stanton, KS: higher priced homes
- Louisburg, KS: higher priced homes
- Spring Hill, KS: higher priced homes
- Fontana, KS: equally priced homes
- Wea, KS: higher priced homes
- Ocheltree, KS: higher priced homes
Cities with Similar Populations
- Ruckersville, VA: higher priced homes
- La Feria, TX: less expensive homes
- Lackland AFB, TX: equally priced homes
- Lacombe, LA: less expensive homes
- Lafayette Hill, PA: higher priced homes
- Rainbow City, AL: less expensive homes
- Red Bank, SC: less expensive homes
- Rising Sun, MD: higher priced homes
- River Grove, IL: less expensive homes
- Rossmoor, CA: higher priced homes
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