Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Rico area can be challenging. Home prices in Rico are now at a median cost of $96,900, lower than the North Carolina average of $226,477.
The average cost of rent is $869/mo in Rico, primarily driven by the current value of real estate in the Rico area. While nearly 53.51% of residents own their homes outright in Rico, 15.05% rent.
Housing affordability isn’t just about home prices, though. The average household income in Rico is $4,924 per month. Households that rent pay about 17.65% of their income on rent here. Rico's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
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- Wootens Crossroads, NC: equally priced homes
- Lake Waccamaw, NC: higher priced homes
- Honey Hill, NC: equally priced homes
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- Lisbon, NC: less expensive homes
Cities with Similar Populations
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- Redford, TX: less expensive homes
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- Piper, IA: equally priced homes
- Pine, PA: higher priced homes
- Perintown, OH: higher priced homes
- Pennington, AR: less expensive homes
- Redig, SD: higher priced homes
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