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Narragansett Pier, RI

Full City Profile · Rhode Island · Washington County County

2.8 /5.0
C+ Fair
3,080 Population 863/sq mi density
$79,683 Median Income $56,850 per capita
$771,800 Home Value $903,896 Zillow
$1,721 Median Rent 48.9% income on rent
49°F Avg Temperature 271 sunny days/yr
397 Violent Crime/100K 4,074 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$79,683 median income, 4.7% unemployment
F
Affordability
1.2 / 5.0
$771,800 home value, $1,721/mo rent
F
Safety
1.0 / 5.0
397 violent crimes/100K (4% above avg)
A+
Education
5.0 / 5.0
57.5% bachelor's degree or higher

Housing Overview

Median Home Value
$771,800
174% above
US avg: $281,900
Median Rent
$1,721/mo
48% above
US avg: $1,163/mo
Homeownership Rate
59.9%
8% below US avg (65.4%)
Total Housing Units
2,235
Median year built: 1969

Home Value by Source

Census Median
$771,800
Zillow (ZHVI)
$903,896
Median Sale Price
$680,000
Median List Price
$827,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

59.9%
Owner-Occupied
40.1%
Renter-Occupied
60%
40%
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: $1,721/mo

Market Indicators (Redfin)

Median Days on Market
57 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
16.7%
of listings with price reduction
Price Per Sq Ft
$565
Active Inventory
6
homes for sale

Affordability & Housing Stock

Rent Burden
48.9%
of renters spending 30%+ of income on housing
58% above US avg (31.0%)
Median Year Built
1969
Average age of housing stock: 57 years
Homeownership Rate
59.9%

Complete Housing Data

Home Values

Census Median Value$771,800
Zillow Home Value (ZHVI)$903,896
Median Sale Price$680,000
Median List Price$827,000
Price Per Sq Ft$565

Rent

Census Median Rent$1,721
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 Market57
Sale-to-List Ratio1.0%
Price Drops16.7%
Homes Sold3
Active Inventory6
Price Per Sq Ft$565

Ownership & Stock

Owner-Occupied59.9%
Renter-Occupied40.1%
Homeownership Rate59.9%
Total Housing Units2,235
Median Year Built1969
Rent Burden48.9%