
Home Price Key
These days, finding an affordable place to live in the Rio Medina area can be challenging. Home prices in Rio Medina are now at a median cost of $309,319, higher than the Texas average of $235,268.
The average cost of rent is $986/mo in Rio Medina, primarily driven by the current value of real estate in the Rio Medina area. While nearly 35.57% of residents own their homes outright in Rio Medina, 7.91% rent.
Housing affordability isn’t just about home prices, though. The average household income in Rio Medina is $9,155 per month. Households that rent pay about 10.77% of their income on rent here. Rio Medina's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
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