Home prices
The median home cost in Rio Hondo is $69,500. This is about $25,600 (26%) lower in comparison to its surrounding areas.In comparison to the United States as a whole it is about $148,000 (68%) lower, and is approximately $20,500 (22%) lower compared to the city of Brownsville.
Rents
Rio Hondo's median monthly rent is $664. In comparison to other places in this area it is roughly $119 (15%) lower.It is approximately $398 (37%) lower compared to the United States as a whole, and in comparison to the city of Brownsville is about $72 (9%) lower.
Nearby places
Harlingen
Harlingen is about 7 miles southwest from Rio Hondo. The housing prices there are somewhat more expensive. The cost of the median home in Harlingen is $87,500, which is $18,000 (20%) higher than Rio Hondo. Rents there are a bit more expensive. Harlingen's median rent is $737 a month, which comes out to $73 (9%) higher than Rio Hondo.
Combes
Combes is approximately 8 miles west of Rio Hondo. Its real estate prices are similar. The median home in Combes is valued at $69,200, which is very similar to Rio Hondo. Rents there are a bit more expensive. The median rent in Combes is $732 per month, which comes out to $68 (9%) higher than Rio Hondo.
San Benito
San Benito is roughly 9 miles southwest from Rio Hondo. The real estate prices there are a little less expensive. The median home price in San Benito is $57,000, which is $12,500 (21%) lower than Rio Hondo. The rent there is a bit more expensive. The median monthly rent in San Benito is $703, which comes out to $39 (5%) higher than Rio Hondo.
Primera
Primera is approximately 9 miles west from Rio Hondo. Real estate prices there are somewhat more expensive. The median home in Primera is valued at $89,300, which is $19,800 (22%) higher than Rio Hondo. Its rents are somewhat more expensive. The median rent in Primera is $754 a month, which is $90 (11%) higher than Rio Hondo.
Palm Valley
Palm Valley is roughly 10 miles west of Rio Hondo. Real estate prices there are significantly more expensive. The median home in Palm Valley costs $172,500, which comes out to $103,000 (59%) higher than Rio Hondo. Its rents are substantially more expensive. In Palm Valley the median rent is $991 a month, which is $327 (32%) higher than Rio Hondo.