Rio Rico, AZ

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Rio Rico short-term rental market based on reliable data.

Listings

10 / 18

Reliable / Active

Cap Rate

6%

Middle-Earners Gross Yield

Revenue

$17,315

Middle-Earners Revenue

Occupancy

71%

Middle-Earners Occupancy

Home Value

$271,087

Median Home Sale Price

Top Earners

$32,051

Top-Earners Revenue

Rio Rico

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Rio Rico.

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A

Very Investor friendly

Rio Rico Regulations

STRs are permitted citywide under Arizona law with only a simple state TPT license and standard tax compliance—no city permits, caps, or inspections. The county has authority to act but has not enacted restrictive rules, keeping investor risk low.

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About Rio Rico

Rio Rico is a small, sprawling community in southern Arizona, sitting in Santa Cruz County along Interstate 19 between Tucson and the U.S.–Mexico border. With a population of roughly 18,000 to 19,000 residents, Rio Rico is less a single compact town than a patchwork of hillside subdivisions and ranch-style neighborhoods spread across rolling Sonoran desert terrain. The community has a quiet, residential character, popular with commuters and retirees who appreciate its lower cost of living and the easy access it provides to both natural attractions and the border region. Rio Rico is best known as a convenient stopover and gateway community for travelers heading south to Nogales or north to Tucson, and as a base for outdoor enthusiasts drawn to the sky-island mountains and riparian canyons of the surrounding high desert.

A short drive north of Rio Rico brings visitors to Tubac Presidio State Historic Park, the site of the original Spanish presidio in Arizona and the place where the state's first European settlement took root in 1752. The park preserves original foundations, exhibits on frontier military life, and sits within the larger Tubac community, which is celebrated for its galleries, shops, and longstanding artist colony. From Rio Rico, the drive to Tubac is roughly 15 to 20 minutes via I-19.

South of Rio Rico and east of Nogales lies Tumacácori National Historical Park, home to the striking ruins of Mission San José de Tumacácori, a Spanish mission established in the late 17th century by Jesuit missionaries and later expanded by Franciscans. The adobe church, with its weathered brick façade and surrounding cemetery, is one of the most photographed mission ruins in the American Southwest, and the park's museum offers context on the region’s layered Spanish, O'odham, and Mexican heritage. Tumacácori is approximately a 25-minute drive from Rio Rico.

Just east of the area, Patagonia Lake State Park offers a welcome change of pace from the desert scrub, with a 265-acre lake surrounded by rolling hills and cottonwood trees. The park is a well-known birding destination, particularly for hummingbirds, and offers camping, fishing, and hiking opportunities. From Rio Rico, the drive to Patagonia Lake is roughly 30 to 35 minutes via Sonoita Highway and a network of connecting roads.

Rio Rico's appeal as a short-term rental market rests on its strategic position in southern Arizona. It offers a more affordable, residential alternative to staying in Tucson, while still placing guests within easy reach of Tubac's art and history, the mission ruins at Tumacácori, the birding and outdoor recreation of Patagonia, and the cultural crosscurrents of the Arizona–Sonora borderlands. The combination of mild winters, dramatic desert scenery, and proximity to several distinct destinations makes Rio Rico an attractive base for travelers seeking to explore a lesser-known corner of the Southwest.

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