Rio del Mar renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Rio del Mar is about $2,938 per month. This puts it in the 97th percentile compared to the state average cost of rent, which is $1,958. Households in Rio del Mar have a median income of $10,945 per month so the average renter in Rio del Mar is spending roughly 27% of their earnings on housing.
Nationally, and in Rio del Mar, home values are the data point most closely correlated with the cost of rent. The median price of a home in Rio del Mar is $990,601 right now, which is higher than nearby cities, meaning that rents in Rio del Mar also tend to be higher versus these nearby cities.
Higher rent prices are common in the northeastern parts of Rio del Mar while lower rent rates are often available in northwestern areas.
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