Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Paonia area can be challenging. Home prices in Paonia are now at a median cost of $282,976, lower than the Colorado average of $430,259.
The average cost of rent is $886/mo in Paonia, primarily driven by the current value of real estate in the Paonia area. While nearly 46.82% of residents own their homes outright in Paonia, 21.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in Paonia is $5,311 per month. Households that rent pay about 16.68% of their income on rent here. Paonia's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Hotchkiss, CO: equally priced homes
- Lazear, CO: equally priced homes
- Crawford, CO: equally priced homes
- Rogers Mesa, CO: equally priced homes
- Somerset, CO: higher priced homes
- Maher, CO: equally priced homes
- Cedaredge, CO: less expensive homes
- Eckert, CO: equally priced homes
- Grand Mesa, CO: higher priced homes
- Orchard City, CO: equally priced homes
Cities with Similar Populations
- Lakemore, OH: less expensive homes
- Fayetteville, OH: less expensive homes
- Rockville, VA: higher priced homes
- Morongo Valley, CA: less expensive homes
- Murphys, CA: higher priced homes
- Myakka City, FL: higher priced homes
- Olivia, NC: less expensive homes
- Otisville, NY: equally priced homes
- Rio Dell, CA: less expensive homes
- Rio Verde, AZ: higher priced homes
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