Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Paramount area can be challenging. Home prices in Paramount are now at a median cost of $384,965, lower than the California average of $648,235.
The average cost of rent is $1,554/mo in Paramount, primarily driven by the current value of real estate in the Paramount area. While nearly 34.70% of residents own their homes outright in Paramount, 55.60% rent.
Housing affordability isn’t just about home prices, though. The average household income in Paramount is $5,431 per month. Households that rent pay about 28.61% of their income on rent here. Paramount's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- East Rancho Dominguez, CA: equally priced homes
- Bellflower, CA: higher priced homes
- Lynwood, CA: higher priced homes
- Downey, CA: higher priced homes
- Compton, CA: equally priced homes
- South Gate, CA: higher priced homes
- Lakewood, CA: higher priced homes
- Norwalk, CA: higher priced homes
- Cudahy, CA: higher priced homes
- Bell Gardens, CA: higher priced homes
Cities with Similar Populations
- Aspen Hill, MD: equally priced homes
- Athens, AL: less expensive homes
- Blacksburg, VA: less expensive homes
- Canovanas, PR: less expensive homes
- Carmichael, CA: higher priced homes
- Catalina Foothills, AZ: higher priced homes
- Covington, LA: less expensive homes
- Crown Point, IN: less expensive homes
- Delaware, OH: less expensive homes
- Downers Grove, IL: equally priced homes
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