The median home in Paw Paw, Michigan is valued at $260,086, down 0.1% year over year. Typical monthly rent is $995, producing a price-to-rent ratio of 21.8x — well above the national average of 18x.
Home Value$260,086
-0.1%
Rent$995/mo
AFFORDABILITYRenting $787/mo cheaper ($995 rent)6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.
Enter your income for Paw Paw.
$52,017 on $260,086
Stretch — 28.5% of income
Above 28% but manageable with cuts.
PITI$1,782
P/I28.5%
Afford$255K
Gap-$5K
P&I $1,315Tax $334Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in Michigan
Compare Paw Paw with other housing markets across Michigan.