Affordable
Expensive
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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 $537,991, higher than the Phoenix average of $470,578.
The average cost of rent is $2,002/mo in Paradise Valley, primarily driven by the current value of real estate in the Paradise Valley area. In Paradise Valley, 33.18% of households rent, and 34.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Paradise Valley is $9,011 per month. Households that rent pay about 22.22% of their income on rent here. Paradise Valley’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- North Mountain, Phoenix, AZ: less expensive homes
- Desert View, Phoenix, AZ: higher priced homes
- Deer Valley, Phoenix, AZ: less expensive homes
- North Scottsdale, Scottsdale, AZ: higher priced homes
- Camelback East, Phoenix, AZ: higher priced homes
- Cactus Gale, Glendale, AZ: less expensive homes
- Alahambra, Phoenix, AZ: less expensive homes
- Bronze Boot, Phoenix, AZ: less expensive homes
- Greenbriar, Glendale, AZ: less expensive homes
- South Scottsdale, Scottsdale, AZ: higher priced homes
Neighborhoods with Similar Populations
- Maryvale, Phoenix, AZ: less expensive homes
- East Memphis-Colonial-Yorkshire, Memphis, TN: less expensive homes
- East San Jose, San Jose, CA: higher priced homes
- East Side, El Paso, TX: less expensive homes
- Eastside, Fort Worth, TX: less expensive homes
- Sugarland, Houston, TX: less expensive homes
- Flushing, Queens, NY: higher priced homes
- Gravesend-Sheepshead Bay, Brooklyn, NY: higher priced homes
- Harlem, Manhattan, NY: higher priced homes
- Jackson Heights-ny, Queens, NY: higher priced homes
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