Homesteaders of Paradise Valley is a 1947 American Western film in the Red Ryder film series directed by R. G. Springsteen and written by Earle Snell. The film stars Allan Lane as Red Ryder, Bobby Blake and Martha Wentworth. The film was released on April 1, 1947, by Republic Pictures.

Plot Red Ryder persuades a group of homesteaders to settle in Paradise Valley. As the community begins to grow, businessmen from nearby Central City propose building a dam in exchange for a half interest in the valley's land, claiming it will provide a reliable water supply. Using Red's support to gain the settlers' trust, they complete the project but later manipulate a shareholders' meeting to secure control of the dam and its water rights for themselves. Believing that Red was involved in the scheme, the homesteaders turn against him and hold him responsible for their loss.

Cast Allan Lane as Red Ryder Bobby Blake as Little Beaver Martha Wentworth as The Duchess Ann Todd as Melinda Hill Gene Stutenroth as Bill Hume John James as Steve Hill Mauritz Hugo as Rufe Hume Emmett Vogan as Mr. Langley Milton Kibbee as Editor A. C. Blaine Tom London as Rancher Edythe Elliott as Mrs. Hume George Chesebro as Henchman E. J. White Edward Cassidy as Sheriff of Center City

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