The Most Affordable Neighborhoods in Paradise Valley, NV by Home Value

 

Paradise Valley, NV Map of Most Affordable Neighborhoods
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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 $97,544, lower than the Nevada average of $321,492.

The average cost of rent is $1,181/mo in Paradise Valley, primarily driven by the current value of real estate in the Paradise Valley area. While nearly 71.98% of residents own their homes outright in Paradise Valley, 15.51% rent.

Housing affordability isn’t just about home prices, though. The average household income in Paradise Valley is $5,050 per month. Households that rent pay about 23.38% of their income on rent here. Paradise Valley's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.


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