Home prices
The median home cost in Rio is $86,100. In comparison to the surrounding areas it is approximately $5,200 (6%) higher.Compared to the entire country it is approximately $131,400 (60%) lower, and compared to the city of Peoria is about $39,600 (31%) lower.
Rents
Rio's median monthly rent is $575. This is roughly $100 (14%) lower compared to other places in this area.Compared to the rest of the country it is about $487 (45%) lower, and is approximately $231 (28%) lower in comparison to the city of Peoria.
Nearby places
North Henderson
North Henderson is roughly 3 miles west from Rio. The housing prices there are a lot less expensive. The median home cost in North Henderson is $55,000, which works out to $31,100 (56%) lower than Rio. Its rents are a little more expensive. The median monthly rent in North Henderson is $663, which works out to $88 (13%) higher than Rio.
Alpha
Alpha is approximately 5 miles north from Rio. The housing prices there are similar. Alpha's median home price is $86,400, which is very similar to Rio. Rents there are somewhat more expensive. The median monthly rent in Alpha is $732, which is $157 (21%) higher than Rio.
Woodhull
Woodhull is approximately 5 miles northeast from Rio. The real estate prices there are somewhat more expensive. The median home in Woodhull is valued at $94,000, which comes out to $7,900 (8%) higher than Rio. Its rents are somewhat more expensive. In Woodhull the median rent is $745 per month, which works out to $170 (22%) higher than Rio.
Henderson
Henderson is about 6 miles south from Rio. Housing prices there are pretty similar. The median home price in Henderson is $84,300, which comes out to $1,800 (2%) lower than Rio. Rent there is somewhat more expensive. In Henderson the median rent is $721 per month, which works out to $146 (20%) higher than Rio.
Windsor
Windsor is roughly 6 miles north of Rio. The housing prices there are fairly similar. Windsor's median home price is $84,800, which is $1,300 (1%) lower than Rio. The rent there is somewhat less expensive. In Windsor the median rent is $516 per month, which works out to $59 (11%) lower than Rio.