Cranston, RI
Full City Profile · Rhode Island · Kent County County
3.5
/5.0
B+
Good
82,632
Population
2,915/sq mi density
$87,716
Median Income
$44,045 per capita
$348,800
Home Value
$439,251 Zillow
$1,332
Median Rent
29.5% income on rent
53°F
Avg Temperature
264 sunny days/yr
156
Violent Crime/100K
1,362 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$87,716 median income, 3.8% unemployment
A
Affordability
4.4 / 5.0
$348,800 home value, $1,332/mo rent
F
Safety
1.0 / 5.0
156 violent crimes/100K
B+
Education
3.9 / 5.0
35.8% bachelor's degree or higher
Housing Overview
Median Home Value
$348,800
24% above
US avg: $281,900
Median Rent
$1,332/mo
15% above
US avg: $1,163/mo
Homeownership Rate
67.3%
3% above US avg (65.4%)
Total Housing Units
34,080
Median year built: 1958
Home Value by Source
Census Median
$348,800
Zillow (ZHVI)
$439,251
Median Sale Price
$489,500
Median List Price
$529,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
67.3%
Owner-Occupied
32.7%
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:
$1,332/mo
· Zillow rent:
$1,979/mo
Market Indicators (Redfin)
Median Days on Market
33 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
36
Price Drops
16.9%
of listings with price reduction
Price Per Sq Ft
$278
Active Inventory
83
homes for sale
Affordability & Housing Stock
Rent Burden
29.5%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
67.3%
Complete Housing Data
Home Values
| Census Median Value | $348,800 |
| Zillow Home Value (ZHVI) | $439,251 |
| Median Sale Price | $489,500 |
| Median List Price | $529,900 |
| Price Per Sq Ft | $278 |
Rent
| Census Median Rent | $1,332 |
| Zillow Rent (ZORI) | $1,979 |
| 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 | 33 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 16.9% |
| Homes Sold | 36 |
| Active Inventory | 83 |
| Price Per Sq Ft | $278 |
Ownership & Stock
| Owner-Occupied | 67.3% |
| Renter-Occupied | 32.7% |
| Homeownership Rate | 67.3% |
| Total Housing Units | 34,080 |
| Median Year Built | 1958 |
| Rent Burden | 29.5% |
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