All Countries
Providence, RI
Full City Profile · Rhode Island · Providence County County
3.0
/5.0
B
Good
190,214
Population
10,332/sq mi density
$66,772
Median Income
$36,694 per capita
$322,800
Home Value
$420,051 Zillow
$1,333
Median Rent
28.5% income on rent
53°F
Avg Temperature
266 sunny days/yr
496
Violent Crime/100K
3,011 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$66,772 median income, 4.8% unemployment
B+
Affordability
4.0 / 5.0
$322,800 home value, $1,333/mo rent
F
Safety
1.0 / 5.0
496 violent crimes/100K (31% above avg)
B+
Education
3.8 / 5.0
34.7% bachelor's degree or higher
Housing Overview
Median Home Value
$322,800
15% above
US avg: $281,900
Median Rent
$1,333/mo
15% above
US avg: $1,163/mo
Homeownership Rate
41.2%
37% below US avg (65.4%)
Total Housing Units
78,911
Median year built: 1938
Home Value by Source
Census Median
$322,800
Zillow (ZHVI)
$420,051
Median Sale Price
$510,000
Median List Price
$550,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
41.2%
Owner-Occupied
58.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,318/mo
1 Bedroom
$1,402/mo
2 Bedroom
$1,729/mo
3 Bedroom
$2,087/mo
4 Bedroom
$2,480/mo
Census median rent:
$1,333/mo
· Zillow rent:
$2,187/mo
Market Indicators (Redfin)
Median Days on Market
53 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
77
Price Drops
15.9%
of listings with price reduction
Price Per Sq Ft
$255
Active Inventory
220
homes for sale
Affordability & Housing Stock
Rent Burden
28.5%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
41.2%
Complete Housing Data
Home Values
| Census Median Value | $322,800 |
| Zillow Home Value (ZHVI) | $420,051 |
| Median Sale Price | $510,000 |
| Median List Price | $550,000 |
| Price Per Sq Ft | $255 |
Rent
| Census Median Rent | $1,333 |
| Zillow Rent (ZORI) | $2,187 |
| FMR Studio | $1,318 |
| FMR 1-Bedroom | $1,402 |
| FMR 2-Bedroom | $1,729 |
| FMR 3-Bedroom | $2,087 |
| FMR 4-Bedroom | $2,480 |
Market
| Days on Market | 53 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 15.9% |
| Homes Sold | 77 |
| Active Inventory | 220 |
| Price Per Sq Ft | $255 |
Ownership & Stock
| Owner-Occupied | 41.2% |
| Renter-Occupied | 58.8% |
| Homeownership Rate | 41.2% |
| Total Housing Units | 78,911 |
| Median Year Built | 1938 |
| Rent Burden | 28.5% |