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Affordable
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These days, finding an affordable place to live in the Rio Verde area can be challenging. Home prices in Rio Verde are now at a median cost of $1,029,846, higher than the Arizona average of $421,436.
The average cost of rent is $2,353/mo in Rio Verde, primarily driven by the current value of real estate in the Rio Verde area. In Rio Verde, 4.68% of households rent, and 44.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rio Verde is $12,484 per month. Households that rent pay about 18.85% of their income on rent here. Rio Verde’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern 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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