Rhode Island housing market
Typical home value
$509K
▲ 3.5% 1 yr
5-year change
+34%
U.S. +20%
Median city rent
$2,092/mo
13 cities
Unemployment rate
3.6%
Median household income
$97K
2025
Key takeaways
- 1The typical home in Rhode Island is worth $508,507, up 3.5% in a year and up 34% over five years. That's the #11 most expensive of 51.
- 2Across 13 cities with rent data, median typical rent is $2,092/mo, roughly a 4.9% gross yield on the typical home.
- 3Median household income was $96,880 in 2025, so the typical home costs 5.2× income.
- 4Unemployment is 3.6% (−0.7 pts in a year).
Home values
Source: Zillow Research (ZHVI, ZORI and market activity data).
Source: FRED, Federal Reserve Bank of St. Louis. Quarterly, all-transactions index.
Rhode Island metro areas
Rhode Island cities
13 cities, largest first. Click a column to sort.
13 cities
| Providence | $432K | ▲ 2.3% | $2,190 | ▲ 4.8% | 6.1% |
| Cranston | $455K | ▲ 1.8% | $2,092 | ▲ 2.7% | 5.5% |
| Pawtucket | $399K | ▲ 1.8% | $1,866 | ▲ 4.4% | 5.6% |
| Warwick | $421K | ▲ 4.3% | $2,235 | ▲ 5.7% | 6.4% |
| East Providence | $445K | ▲ 2.1% | $1,998 | ▲ 3.6% | 5.4% |
| Woonsocket | $387K | ▲ 0.2% | $1,577 | ▲ 2.3% | 4.9% |
| North Providence | $415K | ▲ 2.5% | $1,826 | ▲ 2.6% | 5.3% |
| West Warwick | $408K | ▲ 5.8% | $1,909 | ▲ 2.3% | 5.6% |
| South Kingstown | $720K | ▲ 6.6% | $2,795 | ▲ 7.7% | 4.7% |
| Westerly | $634K | ▲ 8.8% | $2,027 | ▲ 2.8% | 3.8% |
| Newport | $966K | ▲ 9.0% | $3,022 | ▲ 9.7% | 3.8% |
| Middletown | $766K | ▲ 5.6% | $3,327 | ▲ 11.5% | 5.2% |
| Bristol | $610K | ▲ 3.1% | $2,939 | ▲ 4.7% | 5.8% |
Data refreshed Oct 26, 2026.