Rio Communities, NM
Full City Profile · New Mexico · Valencia County County
3.0
/5.0
B
Good
4,924
Population
640/sq mi density
$46,223
Median Income
$23,298 per capita
$200,000
Home Value
$271,061 Zillow
$870
Median Rent
27.1% income on rent
56°F
Avg Temperature
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C
Economy
2.3 / 5.0
$46,223 median income, 14.3% unemployment
A
Affordability
4.2 / 5.0
$200,000 home value, $870/mo rent
C+
Education
2.6 / 5.0
20.1% bachelor's degree or higher
Housing Overview
Median Home Value
$200,000
29% below
US avg: $281,900
Median Rent
$870/mo
25% below
US avg: $1,163/mo
Homeownership Rate
81.3%
24% above US avg (65.4%)
Total Housing Units
2,005
Median year built: 1982
Home Value by Source
Census Median
$200,000
Zillow (ZHVI)
$271,061
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
81.3%
Owner-Occupied
18.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$828/mo
1 Bedroom
$927/mo
2 Bedroom
$1,129/mo
3 Bedroom
$1,496/mo
4 Bedroom
$1,758/mo
Census median rent:
$870/mo
Affordability & Housing Stock
Rent Burden
27.1%
of renters spending 30%+ of income on housing
13% below US avg (31.0%)
Median Year Built
1982
Average age of housing stock: 44 years
Homeownership Rate
81.3%
Complete Housing Data
Home Values
| Census Median Value | $200,000 |
| Zillow Home Value (ZHVI) | $271,061 |
Rent
| Census Median Rent | $870 |
| FMR Studio | $828 |
| FMR 1-Bedroom | $927 |
| FMR 2-Bedroom | $1,129 |
| FMR 3-Bedroom | $1,496 |
| FMR 4-Bedroom | $1,758 |
Market
Ownership & Stock
| Owner-Occupied | 81.3% |
| Renter-Occupied | 18.8% |
| Homeownership Rate | 81.3% |
| Total Housing Units | 2,005 |
| Median Year Built | 1982 |
| Rent Burden | 27.1% |