Rio Grande County 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 Grande County is about $632 per month. This puts it in the 5th percentile compared to the state average cost of rent, which is $1,571. Households in Rio Grande County have a median income of $4,815 per month so the average renter in Rio Grande County is spending roughly 13% of their earnings on housing.
Nationally, and in Rio Grande County, home values are the data point most closely correlated with the cost of rent. The median price of a home in Rio Grande County is $182,599 right now, which is lower than nearby counties, meaning that rents in Rio Grande County also tend to be lower versus these nearby counties.
Higher rent prices are common in the eastern parts of Rio Grande County while lower rent rates are often available in northern areas.
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