Home prices
The median home price in Rio Bravo is $61,500. Compared to other places in this area this is roughly $23,280 (27%) lower.It is approximately $156,000 (71%) lower compared to the entire nation, and compared to the city of Rio Grande City is roughly $10,600 (14%) lower.
Rents
Rio Bravo's median rent is $655 a month. This is approximately $113 (20%) higher compared to its nearby areas.Compared to the US as a whole it is about $407 (38%) lower, and is roughly $12 (1%) higher in comparison to the city of Rio Grande City.
Nearby places
El Cenizo
El Cenizo is about 2 miles southwest from Rio Bravo. Housing prices there are somewhat less expensive. El Cenizo's median home cost is $50,000, which works out to $11,500 (23%) lower than Rio Bravo. Rents there are a lot less expensive. In El Cenizo the median rent is $493 a month, which is $162 (32%) lower than Rio Bravo.
Pueblo Nuevo
Pueblo Nuevo is about 13 miles northeast from Rio Bravo. The real estate prices there are significantly more expensive. The median home in Pueblo Nuevo is valued at $95,800, which is $34,300 (35%) higher than Rio Bravo. The rent there is somewhat less expensive. Pueblo Nuevo's median monthly rent is $613, which is $42 (6%) lower than Rio Bravo.
Ranchos Penitas West
Ranchos Penitas West is roughly 25 miles north of Rio Bravo. Its housing prices are significantly more expensive. Ranchos Penitas West's median home cost is $137,500, which works out to $76,000 (55%) higher than Rio Bravo. Its rents are somewhat less expensive. Ranchos Penitas West's median monthly rent is $580, which is $75 (12%) lower than Rio Bravo.
Medina
Medina is roughly 36 miles south from Rio Bravo. Real estate prices there are a bit less expensive. The value of the median home in Medina is $48,600, which is $12,900 (26%) lower than Rio Bravo. The rent there is significantly less expensive. The median monthly rent in Medina is $487, which is $168 (34%) lower than Rio Bravo.
Zapata
Zapata is roughly 38 miles south from Rio Bravo. Its housing prices are substantially more expensive. The value of the median home in Zapata is $92,000, which is $30,500 (33%) higher than Rio Bravo. Its rents are a bit less expensive. In Zapata the median monthly rent is $539, which comes out to $116 (21%) lower than Rio Bravo.
