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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 $339,863, higher than the Texas average of $322,096.
The average cost of rent is $1,264/mo in Paradise, primarily driven by the current value of real estate in the Paradise area. In Paradise, 9.06% of households rent, and 45.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Paradise is $8,385 per month. Households that rent pay about 15.08% of their income on rent here. Paradise’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lucky Ridge, TX: equally priced homes
- Balsora, TX: less expensive homes
- Keeter, TX: less expensive homes
- Bridgeport, TX: less expensive homes
- Runaway Bay, TX: equally priced homes
- Boonsville, TX: less expensive homes
- Boyd, TX: less expensive homes
- Lake Bridgeport, TX: less expensive homes
- Willow Point, TX: equally priced homes
- Decatur, TX: equally priced homes
Cities with Similar Populations
- Rio Grande, NJ: less expensive homes
- Iowa Colony, TX: higher priced homes
- Le Sueur, MN: less expensive homes
- Ray City, GA: less expensive homes
- Raymond, WA: less expensive homes
- Reed City, MI: less expensive homes
- Reedsport, OR: less expensive homes
- Rexford, NY: higher priced homes
- Reynoldsville, PA: less expensive homes
- Rice, MN: less expensive homes
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