Home Price Key
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Expensive
These days, finding an affordable place to live in the Paradise Valley area can be challenging. Home prices in Paradise Valley are now at a median cost of $1,250,762, higher than the Arizona average of $274,828.
The average cost of rent is $2,249/mo in Paradise Valley, primarily driven by the current value of real estate in the Paradise Valley area. While nearly 37.77% of residents own their homes outright in Paradise Valley, 16.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in Paradise Valley is $12,932 per month. Households that rent pay about 17.39% of their income on rent here. Paradise Valley's most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
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