Rent is lower than in 78% of U.S. cities. A typical house costs about 3.4 years of household income. Most homes (85%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $46,280 a year. That is $22 an hour at a full-time job.
Is rent cheaper than other Arizona cities?
Yes. Rent here is cheaper than in most of Arizona. It is number 20 of 93 cities from cheapest to most expensive.
How much do households earn in Rio Rico?
Share of households by yearly income. 18.4% of households earn $100,000 or more.
Rent by apartment size in Rio Rico
| Size | Rio Rico | U.S. average |
|---|---|---|
| 1 bedroom | $789 | $1,324 |
| 2 bedrooms | $1,109 | $1,509 |
| 3 bedrooms | $1,382 | $1,698 |
| 4 bedrooms | $1,228 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Rio Rico overall?
Everyday prices in Arizona overall are 1% above the U.S. average (index 100.7, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Rio Rico, so the Arizona figure is shown.
Taxes and bills in Rio Rico
Life in Rio Rico
Is it cheaper to rent or buy in Rio Rico?
Renting is cheaper right now: about $398 a month less.
Owning assumes a typical $224,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $22,410 for the down payment.
Frequently asked questions
What is the average rent in Rio Rico, AZ?
Renting in Rio Rico costs a median of about $1,157 a month in 2026, including utilities. The Arizona median is $1,671.
How much do I need to make to live in Rio Rico?
To keep rent under 30% of income, you need about $46,280 a year, or $22 an hour at a full-time job.
Is Rio Rico cheap or expensive?
Rio Rico is rated OK: rent takes 21.0% of the typical household income of $66,164. It ranks 20th cheapest of 93 Arizona cities we track.
How much are property taxes in Rio Rico?
The median homeowner in Rio Rico pays $1,424 a year in property taxes, about 0.64% of the median home value.
Is Rio Rico more expensive than the national average?
Overall prices in Arizona are 1% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Rio Rico?
The median home value in Rio Rico is $224,100, about 3.4 times the typical yearly household income.
22,017 people live in Rio Rico. Numbers are typical (middle) values.