Home Price Key
Affordable
Average
Expensive
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 $149,169, higher than the West Virginia average of $138,399.
The average cost of rent is $787/mo in Rio, primarily driven by the current value of real estate in the Rio area. While nearly 64.13% of residents own their homes outright in Rio, 7.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in Rio is $3,851 per month. Households that rent pay about 20.43% of their income on rent here. Rio's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Kirby, WV: higher priced homes
- Inkerman, WV: higher priced homes
- Delray, WV: equally priced homes
- Augusta, WV: equally priced homes
- Shanks, WV: equally priced homes
- Needmore, WV: higher priced homes
- Romney, WV: equally priced homes
- Millbrook, WV: higher priced homes
- Baker, WV: higher priced homes
- Rada, WV: higher priced homes
Cities with Similar Populations
- Silverton, ID: higher priced homes
- Hope, KS: less expensive homes
- Hope, KY: less expensive homes
- Horns Corners, WI: higher priced homes
- Hulett, WY: higher priced homes
- Indian Valley, VA: equally priced homes
- Kadoka, SD: less expensive homes
- Kendalia, TX: higher priced homes
- Kipnuk, AK: less expensive homes
- Klingerstown, PA: higher priced homes
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