
Home Price Key
These days, finding an affordable place to live in the Rio Rico area can be challenging. Home prices in Rio Rico are now at a median cost of $166,286, lower than the Arizona average of $274,828.
The average cost of rent is $949/mo in Rio Rico, primarily driven by the current value of real estate in the Rio Rico area. While nearly 27.01% of residents own their homes outright in Rio Rico, 17.53% rent.
Housing affordability isn’t just about home prices, though. The average household income in Rio Rico is $4,815 per month. Households that rent pay about 19.72% of their income on rent here. Rio Rico's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
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