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Affordable
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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 $206,128, lower than the Illinois average of $300,242.
The average cost of rent is $924/mo in Paradise, primarily driven by the current value of real estate in the Paradise area. In Paradise, 22.15% of households rent, and 48.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Paradise is $7,538 per month. Households that rent pay about 12.25% of their income on rent here. Paradise’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Magnet, IL: higher priced homes
- Gays, IL: less expensive homes
- Neoga, IL: less expensive homes
- Trilla, IL: less expensive homes
- Mattoon, IL: less expensive homes
- Trowbridge, IL: less expensive homes
- Lerna, IL: equally priced homes
- Windsor Shelby County, IL: less expensive homes
- Strasburg, IL: less expensive homes
- Janesville, IL: less expensive homes
Cities with Similar Populations
- Shaffersville, PA: equally priced homes
- Scotchbrush, NY: less expensive homes
- Scyrene, AL: less expensive homes
- Sebille Manor, MI: higher priced homes
- Second Mesa, AZ: less expensive homes
- Selkirk, KS: less expensive homes
- Selma, SC: higher priced homes
- Semiway, KY: less expensive homes
- Sentinel Butte, ND: less expensive homes
- Seven Springs, PA: less expensive homes
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