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Affordable
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These days, finding an affordable place to live in the Paradise Hills area can be challenging. Home prices in Paradise Hills are now at a median cost of $348,111, higher than the New Mexico average of $265,486.
The average cost of rent is $1,652/mo in Paradise Hills, primarily driven by the current value of real estate in the Paradise Hills area. In Paradise Hills, 26.26% of households rent, and 26.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Paradise Hills is $7,851 per month. Households that rent pay about 21.04% of their income on rent here. Paradise Hills’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
- Los Ranchos de Albuquerque, NM: higher priced homes
- North Valley, NM: equally priced homes
- Corrales, NM: higher priced homes
- Rio Rancho, NM: equally priced homes
- Albuquerque, NM: less expensive homes
- South Valley, NM: less expensive homes
- Kirtland Afb, NM: less expensive homes
- Five Points, NM: less expensive homes
- Cedar Crest, NM: equally priced homes
- Zamora, NM: higher priced homes
Cities with Similar Populations
- Willingboro, NJ: less expensive homes
- Litchfield Park, AZ: higher priced homes
- Orangevale, CA: higher priced homes
- Pueblo West, CO: higher priced homes
- Sonoma, CA: higher priced homes
- Dublin, GA: less expensive homes
- Dracut, MA: higher priced homes
- Dover, NH: higher priced homes
- Des Moines, WA: higher priced homes
- Stevens Point, WI: less expensive homes
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