Home/New Mexico/Rio Arriba County

Rio Arriba County Housing Market

New Mexico · 33 counties · Ranked #2219 in home value

Below National Avg

Housing at a Glance

Median Home Value

$230,900

vs national$230,900 vs $281,900 national

Median Gross Rent

$760/mo

vs national$760 vs $1,163 national

Effective Tax Rate

0.43%

vs national0.43% vs 1.02% national

Median Household Income

$53,901

vs national$53,901 vs $74,755 national

Affordability Ratio

4.3x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

22.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,000

Tax as % of Home Value

0.43%

Monthly Owner Cost

$497

Renter Income

$39,814

Take Action

Property Tax

Lower Your Property Tax

Ownwell can help you appeal your property tax assessment. Average savings: $$150+/year.

Mortgage

Compare Mortgage Rates

See current mortgage rates from multiple lenders. Shop and compare to find your best rate.

Home Search

Browse Homes on Zillow

Search active listings in Rio Arriba County. See photos, prices, and open house dates.

Similar Counties by Home Value

Explore Related Data

Frequently Asked Questions

What is the median home value in Rio Arriba County?

The median home value in Rio Arriba County is $230,900. This is below the national median of $281,900.

How much is rent in Rio Arriba County?

The median gross rent in Rio Arriba County is $760 per month.

What is the property tax rate in Rio Arriba County?

The effective property tax rate in Rio Arriba County is 0.43%. The median annual property tax bill is $1,000.

Is Rio Arriba County affordable?

With a home-value-to-income ratio of 4.3x, Rio Arriba County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.