
Affordable
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These days, finding an affordable place to live in the Rio en Medio area can be challenging. Home prices in Rio en Medio are now at a median cost of $749,720, higher than the New Mexico average of $265,486.
The average cost of rent is $1,155/mo in Rio en Medio, primarily driven by the current value of real estate in the Rio en Medio area. In Rio en Medio, 23.39% of households rent, and 52.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rio en Medio is $7,242 per month. Households that rent pay about 15.95% of their income on rent here. Rio en Medio’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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- Mist, OR: less expensive homes
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