Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Rio Grande area can be challenging. Home prices in Rio Grande are now at a median cost of $340,657, higher than the Albuquerque average of $228,585.
The average cost of rent is $1,304/mo in Rio Grande, primarily driven by the current value of real estate in the Rio Grande area. While nearly 44.89% of residents own their homes outright in Rio Grande, 18.93% rent.
Housing affordability isn’t just about home prices, though. The average household income in Rio Grande is $6,898 per month. Households that rent pay about 18.90% of their income on rent here. Rio Grande's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Nearby Neighborhoods
- Near N Valley, Albuquerque, NM: less expensive homes
- SR Marmon, Albuquerque, NM: less expensive homes
- Taylor Ranch, Albuquerque, NM: less expensive homes
- Downtown, Albuquerque, NM: less expensive homes
- West Mesa, Albuquerque, NM: less expensive homes
- Ladera West, Albuquerque, NM: less expensive homes
- Laurelwood, Albuquerque, NM: less expensive homes
- Los Volcanes, Albuquerque, NM: less expensive homes
- Alban Hills, Albuquerque, NM: less expensive homes
- Alamosa, Albuquerque, NM: less expensive homes
Neighborhoods with Similar Populations
- The Reserve, Port St. Lucie, FL: equally priced homes
- Dearborn Hills, Dearborn, MI: less expensive homes
- Derita-Statesville, Charlotte, NC: less expensive homes
- Dogtown, Selinsgrove, PA: less expensive homes
- Downtown Appleton, Appleton, WI: less expensive homes
- Downtown Berkeley, Berkeley, CA: higher priced homes
- Downtown Concord, Concord, CA: higher priced homes
- Downtown Jacksonville, Jacksonville, FL: less expensive homes
- Downtown Lowell, Lowell, MA: less expensive homes
- Downtown West, St. Louis, MO: less expensive homes
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