Home Price Key
Affordable
Average
Expensive
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 $52,269, lower than the Texas average of $235,268.
The average cost of rent is $554/mo in Rio Rico, primarily driven by the current value of real estate in the Rio Rico area. While nearly 64.75% of residents own their homes outright in Rio Rico, 34.82% rent.
Housing affordability isn’t just about home prices, though. The average household income in Rio Rico is $2,497 per month. Households that rent pay about 22.19% of their income on rent here. Rio Rico'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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