2024 Compare Cities Housing:
Rio Rancho, NM vs Valparaiso, IN

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Highlights
- The median age of a home in Rio Rancho is 79.2% younger than the median age of a home in Valparaiso.
 Rio Rancho, NMValparaiso, INUnited States
 Median Home Age244342
 Median Home Cost$310,800$301,200$338,100
 Home Appr. Last 12 months17.1%14.2%16.6%
 Home Appr. Last 5 yrs.57.7%54.9%57.0%
 Home Appr. Last 10 yrs.77.7%76.1%101.1%
 Property Tax Rate$8.9$9.2$11.0
 Homes Owned75.5%50.7%57.4%
 Housing Vacant4.1%5.7%11.2%
 Homes Rented20.4%43.6%31.4%
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 Avg Rent For Home Or Apartment
 Rio Rancho, NMValparaiso, INUnited States
 Average Rent$1,990$1,320$1,840
 Studio Apartment$950$740$1,080
 1 Bedroom Home or Apartment$1,170$890$1,180
 2 Bedroom Home or Apartment$1,420$1,090$1,430
 3 Bedroom Home or Apartment$2,020$1,340$1,860
 4 Bedroom Home or Apartment$2,420$1,490$2,160
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 Vacant Housing
 Rio Rancho, NMValparaiso, INUnited States
 Vacant For Rent1.6%3.3%1.9%
 Vacant Rented0.2%0.8%0.4%
 Vacant For Sale1.0%0.2%0.7%
 Vacant Sold0.1%0.4%0.4%
 Vacant Vacation0.6%0.5%3.6%
 Vacant Other0.4%0.6%4.1%
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 Owner-Occupied Housing Value
 Rio Rancho, NMValparaiso, INUnited States
 Less Than $20,0001.1%0.9%2.6%
 $20,000 to $39,9990.4%1.4%2.4%
 $40,000 to $59,9990.3%0.0%2.8%
 $60,000 to $79,9990.8%1.5%3.9%
 $80,000 to $99,9991.5%1.0%4.5%
 $100,000 to $149,99914.2%18.9%11.3%
 $150,000 to $199,99926.5%26.6%13.0%
 $200,000 to $299,99935.3%27.1%20.1%
 $300,000 to $399,99912.0%13.7%13.6%
 $400,000 to $499,9994.6%4.6%8.3%
 $500,000 to $749,9992.5%3.5%9.7%
 $750,000 to $999,9990.5%0.3%3.9%
 $1,000,000 to $1,499,9990.1%0.3%2.2%
 $1,500,000 to $1,999,9990.0%0.0%0.8%
 $2,000,000 and over0.3%0.0%1.1%
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 Housing Units By Year Built
 Rio Rancho, NMValparaiso, INUnited States
 2015 and Newer0.3%0.0%0.2%
 2010 to 201431.3%9.5%13.6%
 2000 to 200931.3%9.5%13.6%
 1990 to 199923.8%19.2%13.6%
 1980 to 198920.1%10.2%13.2%
 1970 to 19799.7%17.2%14.8%
 1960 to 196923.8%19.2%13.6%
 1950 to 19591.0%7.8%10.0%
 1940 to 19490.2%2.6%4.7%
 1939 or Earlier0.1%15.0%12.2%
Reviews for Rio Rancho    21 Reviews

I have lived in the area for the past three years with my husband. Although vastly better than Albuquerque, this is not a safe area. We have had overt and petty crime on  More

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The pros: -Fairly good year-round weather. Sunny days outnumber cloudy days, there are days when the temps fall below freezing and the sun will still be shining. It's  More

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Over 4 years ago

Affordable housing, low crime (compared to Albuquerque), awesome weather with all 4 seasons, beautiful environment and some pretty awesome people. I love Rio Rancho,  More

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Reviews for Valparaiso    11 Reviews

Over 9 years ago

I moved to Valparaiso, IN about 1 year ago. I moved here because I was attending the law school located here. At a glance, it appears to be a small town, with many new  More

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Over 10 years ago

My favorite restaurants in Valparaiso are: Panera Bread--The lines sometimes get long, but, the service is decent and the food is great. Red Robin--Bottomless fries  More

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I loved driving anywhere, down any road because of the trees, fields and green, green grass that is all over. Cost of living is outrageous! But lil towns close by make  More

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