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Rio, FL Real Estate


According to census data in the year 2000 there were 623 housing units in Rio. This represents a 0.3% decline from 625 in 1990.

Of those housing units, 623 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Rio is about 86.7%. Rio's vacancy rate, including seasonal lodging, is about 20.5%. Average household size is 2.15 people.

The majority of houses, apartments or condos in Rio were built after 1978.

Statistics

Housing Size

Housing Units by Size
Studio Type1.80%
One Bedroom20.10%
Two Bedrooms38.70%
Three Bedrooms21.80%
Four Bedrooms17.70%
Five Bedrooms or more0%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1980
Median Value of occupied units$108,500
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size1.02
Median year structure was built1960
Median Monthly Rent asked for vacant units$403

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.30%
Home Equity Loan13.70%
Simple Mortgage62.70%
Debt Free15.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs24.4%