Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Paterson area can be challenging. Home prices in Paterson are now at a median cost of $230,872, lower than the Washington average of $453,663.
The average cost of rent is $849/mo in Paterson, primarily driven by the current value of real estate in the Paterson area. While nearly 42.91% of residents own their homes outright in Paterson, 28.73% rent.
Housing affordability isn’t just about home prices, though. The average household income in Paterson is $5,060 per month. Households that rent pay about 16.78% of their income on rent here. Paterson's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Irrigon, OR: less expensive homes
- Prosser, WA: equally priced homes
- Boardman, OR: less expensive homes
- Plymouth, WA: equally priced homes
- Whitstran, WA: equally priced homes
- Benton City, WA: higher priced homes
- Umatilla, OR: less expensive homes
- Grandview, WA: less expensive homes
- Kiona, WA: higher priced homes
- Mabton, WA: less expensive homes
Cities with Similar Populations
- Webster Lake, NH: equally priced homes
- Fronton, TX: less expensive homes
- Garland, NY: less expensive homes
- Gasburg, VA: less expensive homes
- Gatliff, KY: less expensive homes
- Geigertown, PA: higher priced homes
- Georgia, TX: less expensive homes
- Gilt Edge, TN: less expensive homes
- Grand Detour, IL: equally priced homes
- Grand Forks Air Force Base, ND: higher priced homes
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