Similar to the surrounding areas, it is substantially less expensive compared to the rest of the country. Compared to the city of Milwaukee however, it's a little more expensive.
Home prices
The median home in Rio costs $136,500. This is about $3,820 (2%) lower in comparison to nearby areas.In comparison to the entire nation it is approximately $81,000 (37%) lower, and it is roughly $14,400 (11%) higher in comparison to the city of Milwaukee.
Rents
The median rent in Rio is $691 a month. Compared to the surrounding areas it is approximately $94 (11%) lower.It is about $371 (34%) lower compared to the country as a whole, and it is roughly $167 (19%) lower compared to the city of Milwaukee.
Nearby places
Wyocena
Wyocena is roughly 4 miles northwest from Rio. The housing prices there are a bit more expensive. The price of the median home in Wyocena is $161,200, which comes out to $24,700 (15%) higher than Rio. Rents there are somewhat more expensive. The median monthly rent in Wyocena is $900, which comes out to $209 (23%) higher than Rio.
Doylestown
Doylestown is roughly 4 miles east of Rio. Its housing prices are substantially less expensive. The median home in Doylestown is valued at $97,800, which works out to $38,700 (39%) lower than Rio. Rents there are somewhat more expensive. The median rent in Doylestown is $925 per month, which is $234 (25%) higher than Rio.
Pardeeville
Pardeeville is approximately 6 miles northwest from Rio. Its real estate prices are similar. The median home in Pardeeville costs $143,400, which is $6,900 (4%) higher than Rio. Rent there is a bit more expensive. In Pardeeville the median monthly rent is $780, which comes out to $89 (11%) higher than Rio.
Poynette
Poynette is about 8 miles southwest from Rio. Housing prices there are a little more expensive. The price of the median home in Poynette is $193,300, which comes out to $56,800 (29%) higher than Rio. Rent there is a lot less expensive. In Poynette the median monthly rent is $521, which works out to $170 (32%) lower than Rio.
Cambria
Cambria is approximately 8 miles northeast from Rio. Real estate prices there are a bit less expensive. The price of the median home in Cambria is $105,900, which works out to $30,600 (28%) lower than Rio. Rents there are a bit more expensive. Cambria's median monthly rent is $800, which comes out to $109 (13%) higher than Rio.
