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These days, finding an affordable place to live in the Paradise area can be challenging. Home prices in Paradise are now at a median cost of $507,413, lower than the California average of $812,006.
The average cost of rent is $1,274/mo in Paradise, primarily driven by the current value of real estate in the Paradise area. In Paradise, 22.20% of households rent, and 55.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Paradise is $6,143 per month. Households that rent pay about 20.74% of their income on rent here. Paradise’s most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Concow, CA: less expensive homes
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- Butte Valley, CA: equally priced homes
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- Stirling City, CA: less expensive homes
- Richardson Springs, CA: higher priced homes
Cities with Similar Populations
- Hemingway, SC: less expensive homes
- Hurlock, MD: less expensive homes
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- Hinton, OK: less expensive homes
- Hillsville, VA: less expensive homes
- Hillsboro, NH: less expensive homes
- Hillsboro, IL: less expensive homes
- Hurstbourne, KY: equally priced homes
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