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 $128,046, lower than the Tennessee average of $218,916.
The average cost of rent is $677/mo in Paris, primarily driven by the current value of real estate in the Paris area. While nearly 54.41% of residents own their homes outright in Paris, 28.63% rent.
Housing affordability isn’t just about home prices, though. The average household income in Paris is $3,836 per month. Households that rent pay about 17.64% of their income on rent here. Paris's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
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