City Report · CA

Paradise

Pop. 241·373rd most expensive in California·Paradise rents have dropped 10.3%, currently a renter's market
Median rent (all units)
$1,432/mo
Year-over-Year
-10.3%
Month-over-Month
+1.6%
vs US Median
-$530
Rising (Monthly)
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Most AffordableMost Expensive
Paradise · $1,432
More affordable than 80% of US cities · National median $1,962/mo
Affordability
16% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,432/mo, rent takes about 16% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$57,000/yr
Local median income
$109,375/yr
Based on the 30%-of-income rule using Paradise's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$970
1 BR
$1,020
2 BR
$1,330
3 BR
$1,860
4 BR+
$2,230
Fair Market Rent (HUD)
$1,330/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,432 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$17,184/yr
At $1,432/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 10.3% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-10.3% YoY, +1.6% MoM), not inventory.
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Demographics

Who lives here

Paradise, CA is majority owner-occupied, has a large retiree population, has a median income above the national average, 61.9% of residents hold a bachelor's degree or higher.

Population
241
Median income
$109,375
Median age
61.1
Renters
16.7%
Age distribution
34.4%
16.2%
37.3%
Under 189.5%
18–342.5%
35–5434.4%
55–6416.2%
65+37.3%
Gender
55.2%
44.8%
Male55.2%
Female44.8%
Race & ethnicity
90.5%
29%
White90.5%
Hispanic29%
Asian2.5%
Education (25+)
15.6%
20.6%
61.9%
No HS diploma1.8%
HS diploma15.6%
Some college20.6%
Bachelor's+61.9%
Housing tenure
83.3%
16.7%
Owner83.3%
Renter16.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Paradise, CA has changed in 5 years

Income
$93,333 → $109,375
up 17.2%
Population
201 → 241
up 19.9%
Renter share
6.9% → 16.7%
+9.8 pts
Bachelor's+
39.6% → 61.9%
+22.3 pts
Median age
62.3 → 61.1
-1.2 yrs

Household income in the area moved from $93,333 to $109,375 across the same window, up 17.2% versus 2021. Census counts show Paradise, CA adding about 40 residents over the five-year window, up 19.9% on net. The renter share has risen from 6.9% to 16.7%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 39.6% to 61.9% across the same window.

Community

Discussions about Paradise

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View Paradise rent history (2015–2026) →
Salary vs rent

Can you afford rent in Paradise on your salary?

At $1,432/mo, how Paradise rent compares to typical pay (30% rule).

By apartment size

Paradise rent by bedroom count

Median rent for each apartment size in Paradise. Click any size for full breakdown.

Local insights

Tips for renters in Paradise

About renting in Paradise, CA

Last updated: August 17, 2026

The median rent in Paradise is $1,432/mo as of August 2026. A studio apartment averages $970/mo while a 2-bedroom runs $1,330/mo. One-bedroom apartments average $1,020/mo and 3-bedroom units go for $1,860/mo.

At 16% of local median household income ($109,375/yr), Paradise ranks as affordable compared to the national benchmark of 30%. Rents have decreased 10.3% over the past year.

FAQ

Frequently asked questions

Is Paradise an affordable city for renters?

Paradise is considered very affordable for renters. At $1,432/mo, rent takes approximately 16% of the local median household income ($109,375/yr). The standard benchmark is 30%. Paradise falls comfortably within that range.

How much income do you need to rent in Paradise?

To keep rent at or below 30% of gross income, you would need to earn at least $57,000/year (~$27/hour full-time) to afford the median rent of $1,432/mo in Paradise. The local median household income is $109,375/yr, meaning the typical Paradise household meets that threshold.

Is rent going up or down in Paradise?

Rent in Paradise has decreased 10.3% over the past year as of August 2026, offering some relief compared to 12 months ago.

How does Paradise rent compare to other cities in California?

Paradise is one of the more affordable cities in California for rent, ranking #373 out of 381 tracked cities at $1,432/mo.

Which nearby cities are cheaper to rent in than Paradise?

Oroville is nearby and more affordable at $1,351/mo, which is $81 less than Paradise.

What percentage of Paradise residents rent vs. own?

According to Census data, approximately 16.7% of Paradise households are renters, while 83.3% are owner-occupied. Paradise leans toward homeownership, which can mean a smaller rental inventory.

How does Paradise rent compare to the national average?

Paradise's median rent of $1,432/mo is $530 (27%) below the US national median of $1,962/mo. Within California, it ranks #373 out of 381 tracked cities.
Income Affordability
16%
VERY AFFORDABLE

At $1,432/mo, rent takes ~16% of Paradise's median household income ($109,375/yr). The standard benchmark is 30%.

Paradise 16%Benchmark 30%
State income tax1–13.3%
Run the Paradise affordability calculator →
Lowest-rent ZIP codes in Paradise
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Paradise, CA

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