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Chepachet, RI

Full City Profile · Rhode Island · Providence County County

3.5 /5.0
B+ Good
1,819 Population 330/sq mi density
$95,423 Median Income $46,988 per capita
$285,600 Home Value $373,514 Zillow
$977 Median Rent 40.4% income on rent
49°F Avg Temperature 271 sunny days/yr
532 Violent Crime/100K 2,715 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$95,423 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$285,600 home value, $977/mo rent
F
Safety
1.0 / 5.0
532 violent crimes/100K (40% above avg)
C+
Education
3.0 / 5.0
24.9% bachelor's degree or higher

Housing Overview

Median Home Value
$285,600
1% above
US avg: $281,900
Median Rent
$977/mo
16% below
US avg: $1,163/mo
Homeownership Rate
83.6%
28% above US avg (65.4%)
Total Housing Units
818
Median year built: 1977

Home Value by Source

Census Median
$285,600
Zillow (ZHVI)
$373,514
Median Sale Price
$540,000
Median List Price
$347,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

83.6%
Owner-Occupied
16.4%
Renter-Occupied
84%
16%
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: $977/mo

Market Indicators (Redfin)

Median Days on Market
149 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
14.3%
of listings with price reduction
Price Per Sq Ft
$375
Active Inventory
7
homes for sale

Affordability & Housing Stock

Rent Burden
40.4%
of renters spending 30%+ of income on housing
30% above US avg (31.0%)
Median Year Built
1977
Average age of housing stock: 49 years
Homeownership Rate
83.6%

Complete Housing Data

Home Values

Census Median Value$285,600
Zillow Home Value (ZHVI)$373,514
Median Sale Price$540,000
Median List Price$347,500
Price Per Sq Ft$375

Rent

Census Median Rent$977
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 Market149
Sale-to-List Ratio1.0%
Price Drops14.3%
Homes Sold1
Active Inventory7
Price Per Sq Ft$375

Ownership & Stock

Owner-Occupied83.6%
Renter-Occupied16.4%
Homeownership Rate83.6%
Total Housing Units818
Median Year Built1977
Rent Burden40.4%