Home Price Key
Affordable
Average
Expensive
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 $156,260, lower than the Michigan average of $196,062.
The average cost of rent is $895/mo in Paw Paw, primarily driven by the current value of real estate in the Paw Paw area. While nearly 32.00% of residents own their homes outright in Paw Paw, 21.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in Paw Paw is $5,786 per month. Households that rent pay about 15.46% of their income on rent here. Paw Paw's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Mattawan, MI: higher priced homes
- Lawton, MI: higher priced homes
- Pine Grove, MI: equally priced homes
- Lawrence, MI: less expensive homes
- Gobles, MI: less expensive homes
- Decatur, MI: equally priced homes
- Kendall, MI: equally priced homes
- Bloomingdale, MI: less expensive homes
- Volinia, MI: higher priced homes
- Breedsville, MI: less expensive homes
Cities with Similar Populations
- La Vernia, TX: higher priced homes
- Rossville, MD: higher priced homes
- Romeo, MI: higher priced homes
- Rodeo, CA: higher priced homes
- Rocky Point, NC: higher priced homes
- Rockwood, TN: less expensive homes
- Rockwood, MI: higher priced homes
- Los Panes, PR: less expensive homes
- Little Falls, NJ: higher priced homes
- Little Falls, MN: higher priced homes
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