Housing in Providence, RI

The housing market in Providence, RI is thriving. The median value of a home in the area is $350,800, which is slightly above the US median of $338,100. In the past year, homes have appreciated by 8.27%, which is higher than the US average of 10.01%. This suggests that Providence is a great place to make an investment in real estate and indicates that the local housing market is growing at a healthy rate.

The median home cost in Providence is $350,800. Home appreciation the last 10 years has been 100.0%. Home Appreciation in Providence is up 13.6%.

Average Age of Homes

- The median age of Providence real estate is 78 years old

The Rental Market in Providence

- Renters make up 55.7% of the Providence population
- 3.8% of houses and apartments in Providence, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS

HOUSING BY YEAR BUILT

HOUSING	Providence, Rhode Island	United States
	79,103	139,647,020
	66	42
	$350,800	$338,100
	13.6%	16.6%
	61.0%	57.0%
	100.0%	101.1%
	$15.88	$10.98
	$3,953	$2,690
	34.4%	57.4%
	14.1%	11.2%
	51.5%	31.4%
VACANT HOUSING
	3.8%	1.9%
	1.5%	0.4%
	0.7%	0.7%
	0.2%	0.4%
	0.1%	3.6%
	7.7%	4.1%
VALUE OF OWNER-OCCUPIED HOUSING
	1.6%	2.6%
	0.5%	2.4%
	0.4%	2.8%
	1.1%	3.9%
	1.3%	4.5%
	8.2%	11.3%
	19.3%	13.0%
	34.7%	20.1%
	14.0%	13.6%
	4.1%	8.3%
	8.1%	9.7%
	3.5%	3.9%
	1.8%	2.2%
	0.4%	0.8%
	1.1%	1.1%
HOUSING UNITS BY YEAR STRUCTURE BUILT
	0.1%	0.2%
	4.6%	13.6%
	4.6%	13.6%
	4.6%	13.6%
	5.7%	13.2%
	7.9%	14.8%
	4.6%	13.6%
	7.1%	10.0%
	5.7%	4.7%
	57.7%	12.2%

HOUSING MAP

Average Rent (3br)

Percent Home Appreciation (5yr)

Property Tax (%)

Median Home Cost

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Reviews for Providence 19 Reviews

LOVIN IT - 8/13/2018
I think I hate this city more then my... Read More

RICK | Attleboro, MA | Reply | No Replies

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How is Providence RI? - 2/26/2016
I currently live in Rockford IL and just graduated college for broadcasting. I want to move out of this depressing, negative city and was thinking about Providence,... Read More

Skyy | Rockford, IL | Reply | 2 Replies

Providence is the most pot smoking city US I've ev - 9/15/2014
And I've been to San Francisco and Seattle, so that's saying a lot. If you like pot, good for you, my annoyance is with all the people who smoke pot plainly in... Read More

Matthew | Providence, RI | Reply | 3 Replies

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ZIP CODES IN PROVIDENCE, RI

02909 02908 02907 02906 02905 02903 02912

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United States / Rhode Island / Providence-Warwick Metro Area / Providence County / Providence / Zip Codes