Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Paw Paw area can be challenging. Home prices in Paw Paw are now at a median cost of $170,538, lower than the Illinois average of $300,242.
The average cost of rent is $974/mo in Paw Paw, primarily driven by the current value of real estate in the Paw Paw area. In Paw Paw, 21.96% of households rent, and 40.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Paw Paw is $5,665 per month. Households that rent pay about 17.19% of their income on rent here. Paw Paw’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Compton, IL: higher priced homes
- Rollo, IL: higher priced homes
- Shabbona Grove, IL: equally priced homes
- The Burg, IL: equally priced homes
- Lee, IL: higher priced homes
- Earlville, IL: equally priced homes
- Shabbona, IL: higher priced homes
- West Brooklyn, IL: equally priced homes
- Meriden, IL: less expensive homes
- Steward, IL: higher priced homes
Cities with Similar Populations
- Wurtland, KY: less expensive homes
- Atlantic Beach, NC: higher priced homes
- Aurora, TX: higher priced homes
- Bailey, MS: higher priced homes
- Bainbridge, IN: higher priced homes
- Whittaker, MI: higher priced homes
- Bass Lake, IN: higher priced homes
- New Baltimore, OH: higher priced homes
- Powells Crossroads, TN: higher priced homes
- New Bohemia, VA: higher priced homes
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