Rio Rico, AZ housing market
The typical Rio Rico home is worth about $270,000, about the same as a year ago, 35% below the Arizona typical home. Homes typically sell in 101 days, close to asking.
Home values, sales, trends and how Rio Rico compares with the towns next door — updated as new data is published.
Rio Rico at a glance
A balanced market
About 5.5 months of supply: neither buyers nor sellers have a clear edge.
Typical home value, 2016–2026
Show as a table
| January | Rio Rico | Arizona |
|---|---|---|
| 2017 | $135,000 | $228,000 |
| 2018 | $142,000 | $244,000 |
| 2019 | $153,000 | $264,000 |
| 2020 | $166,000 | $282,000 |
| 2021 | $196,000 | $324,000 |
| 2022 | $237,000 | $416,000 |
| 2023 | $257,000 | $429,000 |
| 2024 | $267,000 | $433,000 |
| 2025 | $271,000 | $434,000 |
| 2026 | $270,000 | $423,000 |
| August 2026 | $270,000 | $418,000 |
4.4 years of income
The typical Rio Rico home costs about 4.4 years of the town's median household income, less than across Arizona (5.2 years).
How Rio Rico ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,400
HUD's Fair Market Rent for a two-bedroom in Rio Rico is $1,400 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Rio Rico pay a median of $1,091, so moving in tends to cost more than staying put. A two-bedroom takes about 27% of the town's median household income.
Studio $970 · 4 bedrooms $2,000
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (85648; Santa Cruz County, AZ), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Rio Rico
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.