All Countries
Central Falls, RI
Full City Profile · Rhode Island · Providence County County
2.1
/5.0
C
Fair
22,481
Population
18,892/sq mi density
$45,921
Median Income
$20,202 per capita
$300,500
Home Value
$374,153 Zillow
$1,118
Median Rent
32.9% income on rent
51°F
Avg Temperature
271 sunny days/yr
422
Violent Crime/100K
1,488 property/100K
C
Overall
2.1 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.7 / 5.0
$45,921 median income, 6.1% unemployment
C+
Affordability
3.0 / 5.0
$300,500 home value, $1,118/mo rent
F
Safety
1.0 / 5.0
422 violent crimes/100K (11% above avg)
D
Education
1.9 / 5.0
11.5% bachelor's degree or higher
Housing Overview
Median Home Value
$300,500
7% above
US avg: $281,900
Median Rent
$1,118/mo
4% below
US avg: $1,163/mo
Homeownership Rate
28.6%
56% below US avg (65.4%)
Total Housing Units
8,276
Median year built: 1942
Home Value by Source
Census Median
$300,500
Zillow (ZHVI)
$374,153
Median Sale Price
$840,000
Median List Price
$512,499
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
28.6%
Owner-Occupied
71.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,325/mo
1 Bedroom
$1,394/mo
2 Bedroom
$1,727/mo
3 Bedroom
$2,099/mo
4 Bedroom
$2,449/mo
Census median rent:
$1,118/mo
· Zillow rent:
$1,633/mo
Market Indicators (Redfin)
Median Days on Market
146 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
14.3%
of listings with price reduction
Price Per Sq Ft
$155
Active Inventory
14
homes for sale
Affordability & Housing Stock
Rent Burden
32.9%
of renters spending 30%+ of income on housing
6% above US avg (31.0%)
Median Year Built
1942
Average age of housing stock: 84 years
Homeownership Rate
28.6%
Complete Housing Data
Home Values
| Census Median Value | $300,500 |
| Zillow Home Value (ZHVI) | $374,153 |
| Median Sale Price | $840,000 |
| Median List Price | $512,499 |
| Price Per Sq Ft | $155 |
Rent
| Census Median Rent | $1,118 |
| Zillow Rent (ZORI) | $1,633 |
| FMR Studio | $1,325 |
| FMR 1-Bedroom | $1,394 |
| FMR 2-Bedroom | $1,727 |
| FMR 3-Bedroom | $2,099 |
| FMR 4-Bedroom | $2,449 |
Market
| Days on Market | 146 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 14.3% |
| Homes Sold | 1 |
| Active Inventory | 14 |
| Price Per Sq Ft | $155 |
Ownership & Stock
| Owner-Occupied | 28.6% |
| Renter-Occupied | 71.4% |
| Homeownership Rate | 28.6% |
| Total Housing Units | 8,276 |
| Median Year Built | 1942 |
| Rent Burden | 32.9% |