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Expensive
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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 $360,230, lower than the Las Vegas average of $428,199.
The average cost of rent is $1,578/mo in Paradise, primarily driven by the current value of real estate in the Paradise area. In Paradise, 57.80% of households rent, and 39.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Paradise is $5,762 per month. Households that rent pay about 27.38% of their income on rent here. Paradise’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Green Valley North, Henderson, NV: higher priced homes
- Green Valley South, Henderson, NV: higher priced homes
- Whitney Ranch, Henderson, NV: equally priced homes
- Huntridge, Las Vegas, NV: less expensive homes
- Green Valley Ranch, Henderson, NV: higher priced homes
- Gibson Springs, Henderson, NV: higher priced homes
- Midway, Henderson, NV: equally priced homes
- Downtown East, Las Vegas, NV: less expensive homes
- Rancho Charleston, Las Vegas, NV: equally priced homes
- Downtown, Las Vegas, NV: equally priced homes
Neighborhoods with Similar Populations
- Southeast, Houston, TX: less expensive homes
- South Los Angeles, Los Angeles, CA: higher priced homes
- Northeast Dallas-White Rock, Dallas, TX: higher priced homes
- North Last Vegas, North Las Vegas, NV: equally priced homes
- Maryvale, Phoenix, AZ: less expensive homes
- Astoria, Queens, NY: higher priced homes
- Washington Heights, Manhattan, NY: higher priced homes
- Upper West Side, Manhattan, NY: higher priced homes
- Upper East Side, Manhattan, NY: higher priced homes
- South Bronx, Bronx, NY: higher priced homes
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