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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 $245,411, lower than the Nevada average of $441,980.
The average cost of rent is $1,251/mo in Paradise Valley, primarily driven by the current value of real estate in the Paradise Valley area. In Paradise Valley, 13.32% of households rent, and 73.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Paradise Valley is $5,616 per month. Households that rent pay about 22.27% of their income on rent here. Paradise Valley’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Paradise Hill, NV: equally priced homes
- Orovada, NV: higher priced homes
- Fort McDermitt, NV: equally priced homes
- Golconda, NV: less expensive homes
- Winnemucca, NV: higher priced homes
- McDermitt, NV: equally priced homes
- Cordero, NV: higher priced homes
- Weso, NV: higher priced homes
- Midas, NV: less expensive homes
- Mc Dermitt, OR: equally priced homes
Cities with Similar Populations
- Linnsburg, IN: less expensive homes
- Lewis Creek, IN: less expensive homes
- Lewisville, OK: less expensive homes
- Lewisville, PA: less expensive homes
- Liberty, LA: less expensive homes
- Ligurta, AZ: less expensive homes
- Lillydale, WV: less expensive homes
- Limestone Creek, FL: higher priced homes
- Limestone, MI: less expensive homes
- Lincoln, KY: less expensive homes
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