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Affordable
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These days, finding an affordable place to live in the Rio area can be challenging. Home prices in Rio are now at a median cost of $273,247, lower than the Wisconsin average of $280,373.
The average cost of rent is $878/mo in Rio, primarily driven by the current value of real estate in the Rio area. In Rio, 21.57% of households rent, and 38.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rio is $7,067 per month. Households that rent pay about 12.42% of their income on rent here. Rio’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Doylestown, WI: higher priced homes
- Wyocena, WI: equally priced homes
- North Leeds, WI: higher priced homes
- Pardeeville, WI: equally priced homes
- Poynette, WI: higher priced homes
- Arlington, WI: higher priced homes
- Fall River, WI: higher priced homes
- Cambria, WI: less expensive homes
- North Bristol, WI: higher priced homes
- Morrisonville, WI: higher priced homes
Cities with Similar Populations
- Ararat, VA: less expensive homes
- South Congaree, SC: less expensive homes
- Tiger, GA: higher priced homes
- Valliant, OK: less expensive homes
- Glenburn Center, ME: equally priced homes
- Farmland, IN: less expensive homes
- Elbridge, NY: less expensive homes
- Dupont, PA: less expensive homes
- Des Arc, AR: less expensive homes
- Davisville, WV: less expensive homes
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