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Paradise, TX Homes for Rent

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  • /15

    $2,500 Per Month

    • 4 Beds
    • 3 Baths
    • 3,319 Sq Ft
    • House for Rent

    938 County Road 3341, Paradise, TX 76073

    Here is a little piece of heaven, beautiful views located on approximately .5 acre more land available for additional price. Fresh paint through out, some new appliances. Fenced and cross fenced for your animals. Bring your horses for additional monies, dogs ect...LARGE 4 BEDROOM, 3 BATH, Plus 2 living a WBFP and office space...2 car garage plus carport. Large shop and or possible horse barn

    Gilda Brawley Marsha Hardin Real Estate LLC

    938 County Road 3341, Paradise, TX 76073
  • /21

    $2,850 Per Month

    • 3 Beds
    • 3 Baths
    • 3,048 Sq Ft
    • House for Rent

    1445 County Road 3690, Paradise, TX 76073

    Single-family residence situated on 5.95 acres in Paradise, Texas, offering space, functionality, and privacy. This thoughtfully designed home features just over 3,000 square feet with 3 bedrooms and 3.5 bathrooms, all with generously sized layouts. The open living area is anchored by double front doors and flows seamlessly into a well-appointed kitchen complete with double ovens, ample counter

    Melinda Wray Alliance Properties

    1445 County Road 3690, Paradise, TX 76073

Why Live in Paradise

Paradise is a small Wise County community on the Dallas–Fort Worth Metroplex’s outskirts, where wide-open skies, quiet streets and a strong sense of local pride shape everyday life. It sits on U.S. Highway 114 with a little downtown anchored by Main Street. The city center houses churches, a few eateries and some essential services, older homes and mature live oaks surrounding it. New subdivisions with contemporary homes continue to pop up along the community’s fringes, giving residents room to spread out and enjoy long views of rolling prairies. Properties tend to have large lots, around an acre or more and prices vary widely. Paradise ISD serves the community with four schools. The district is known for its supportive environment, strong academics and competitive athletics, with baseball and volleyball standing out. Youth sports fill the fields at Leone Park and Kennedy Fields. Around town, locals grab breakfast at Café Grace, pick up donuts at Daily Donuts or stop by food-truck favorite Gigi’s Grill. Each year, two events—September’s Main Street Festival and December’s Christmas in Paradise—bring residents together downtown. Though rural and very car-dependent, the town’s spot along Highway 114 makes regional commutes to Bridgeport (~6 miles away), Decatur (~10 miles away), Fort Worth (~40 miles away) and Dallas (close to 70 miles away) straightforward.

Frequently Asked Questions

How much does it cost to rent a home in Paradise, TX?
The median rent for a home in Paradise, TX is $2,500 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Paradise, TX?
To comfortably afford the median rent in Paradise, TX, a household needs to earn roughly $100,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,500 per month in Paradise, TX, renters typically need to show $7,500 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Paradise, TX?
In Paradise, TX, the price-to-rent ratio is 15.3, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Paradise, TX are best for renting a home?
The best neighborhood for renting in Paradise, TX depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Alpha Ranch, Northstar, Eagle Mountain, Watersbend and Marine Creek, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$2,500
Median Single Family Home Rent
$2,500
How to Rent a Home