City Report · AZ

Rio Rico

Pop. 22,017·36th most expensive in Arizona·Rental market data updated monthly for Rio Rico, AZ
Median rent (all units)
$1,650/mo
Year-over-Year
Stable
Month-over-Month
+17.3%
vs US Median
-$282
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Rio Rico · $1,650
More affordable than 65% of US cities · National median $1,932/mo
Affordability
32% of income
MODERATE
0%30% benchmark60%+

At $1,650/mo, rent takes about 32% of the local median household income, slightly above the 30% benchmark.

Income to afford
$66,000/yr
Local median income
$61,348/yr
Based on the 30%-of-income rule using Rio Rico's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$960
1 BR
$1,070
2 BR
$1,400
3 BR
$1,960
4 BR+
$1,970
Fair Market Rent (HUD)
$1,400/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,650 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: September 25, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($61,348) is $1,534 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,400); a 3-bedroom is $1,960.

From Zillow's monthly rent index (ZORI) for Rio Rico. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$19,800/yr
At $1,650/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +17.3% MoM), not inventory.
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Demographics

Who lives here

Rio Rico, AZ is majority owner-occupied, has a large share of families with children, has a median income below the national average, 22.1% of residents hold a bachelor's degree or higher.

Population
22,017
Median income
$61,348
Median age
34.6
Renters
15%
Age distribution
29.6%
21.3%
24.9%
12.5%
Under 1829.6%
18–3421.3%
35–5424.9%
55–6411.6%
65+12.5%
Gender
49.2%
50.8%
Male49.2%
Female50.8%
Race & ethnicity
25.4%
87.1%
White25.4%
Hispanic87.1%
Education (25+)
20.4%
27.9%
29.6%
22.1%
No HS diploma20.4%
HS diploma27.9%
Some college29.6%
Bachelor's+22.1%
Housing tenure
85%
15%
Owner85%
Renter15%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Rio Rico, AZ has changed in 5 years

Income
$54,554 → $61,348
up 12.5%
Population
20,914 → 22,017
up 5.3%
Renter share
18.2% → 15%
-3.2 pts
Bachelor's+
21.5% → 22.1%
+0.6 pts
Median age
34.1 → 34.6
+0.5 yrs

On the earnings side, the typical household in Rio Rico, AZ now reports about $61,348, up from $54,554 in 2021. Headcount in the area went from 20,914 to 22,017 between 2021 and 2024, a 5.3% change. About 15% of households rent today, against 18.2% in 2021.

Community

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View Rio Rico rent history (2015–2026) →
Salary vs rent

Can you afford rent in Rio Rico on your salary?

At $1,650/mo, how Rio Rico rent compares to typical pay (30% rule).

By apartment size

Rio Rico rent by bedroom count

Median rent for each apartment size in Rio Rico. Click any size for full breakdown.

Local insights

Tips for renters in Rio Rico

About renting in Rio Rico, AZ

Last updated: September 25, 2026

The median rent in Rio Rico is $1,650/mo as of September 2026. A studio apartment averages $960/mo while a 2-bedroom runs $1,400/mo. One-bedroom apartments average $1,070/mo and 3-bedroom units go for $1,960/mo.

At 32% of local median household income ($61,348/yr), Rio Rico ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Rio Rico?

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (about $32/hour full-time) to afford the median rent of $1,650/mo in Rio Rico. The local median household income is $61,348/yr, so the typical household falls short of that bar.

Is rent going up or down in Rio Rico?

Rent in Rio Rico has been roughly flat over the past year, a 0.0% change.

How does Rio Rico rent compare to other cities in Arizona?

Rio Rico is one of the more affordable among Arizona cities for rent, ranking #36 of 51 tracked cities at $1,650/mo.

Which nearby cities are cheaper to rent in than Rio Rico?

Nearby cities with lower median rent than Rio Rico ($1,650/mo) include Green Valley ($1,465/mo), and South Tucson ($1,573/mo).
Income Affordability
32%
MODERATE

At $1,650/mo, rent takes ~32% of Rio Rico's median household income ($61,348/yr). The standard benchmark is 30%.

Rio Rico 32%Benchmark 30%
State income tax2.5%
Run the Rio Rico affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Rio Rico, AZ

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