Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Paris area can be challenging. Home prices in Paris are now at a median cost of $109,435, lower than the Michigan average of $196,062.
The average cost of rent is $916/mo in Paris, primarily driven by the current value of real estate in the Paris area. While nearly 55.07% of residents own their homes outright in Paris, 15.38% rent.
Housing affordability isn’t just about home prices, though. The average household income in Paris is $4,313 per month. Households that rent pay about 21.23% of their income on rent here. Paris's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
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Cities with Similar Populations
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- Mount Savage, MD: equally priced homes
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