Zip 02906 (Providence, RI) Housing

The housing in 02906 Providence, RI is significantly higher than the US median value at $631,800. This is a considerable difference from the US House Median Value of $338,100. In addition to being more expensive, the 1 year house appreciation rate in 02906 Providence, RI is also higher than the US average of 8.27%, clocking in at 10.01%. Thus, those looking for an investment opportunity may find buying property in 02906 Providence, RI to be lucrative and beneficial.

The median home cost in Providence (zip 02906) is $631,800. Home appreciation the last 10 years has been 100.0%. Home Appreciation in Providence (zip 02906) is up 13.6%.

Average Age of Homes

- The median age of Providence (zip 02906) real estate is 78 years old

The Rental Market in Providence (zip 02906)

- Renters make up 46.2% of the Providence (zip 02906) population
- 2.6% of houses and apartments in Providence (zip 02906), 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
	13,310.0	139,647,020.0
	66	42
	$631,800	$338,100
	13.6%	16.6%
	61.0%	57.0%
	100.0%	101.1%
	$14.94	$10.98
	$7,115	$2,690
	45.4%	57.4%
	8.5%	11.2%
	46.2%	31.4%
Vacant Housing
	2.6%	1.9%
	0.9%	0.4%
	0.1%	0.7%
	0.5%	0.4%
	0.0%	3.6%
	4.4%	4.1%
Value of Owner-Occupied Housing
	1.4%	2.6%
	0.0%	2.4%
	0.5%	2.8%
	0.3%	3.9%
	0.0%	4.5%
	1.6%	11.3%
	3.8%	13.0%
	14.8%	20.1%
	19.2%	13.6%
	11.2%	8.3%
	24.2%	9.7%
	12.8%	3.9%
	7.4%	2.2%
	1.6%	0.8%
	1.4%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	3.8%	13.6%
	3.8%	13.6%
	3.6%	13.6%
	3.4%	13.2%
	5.7%	14.8%
	3.6%	13.6%
	6.0%	10.0%
	6.3%	4.7%
	66.6%	12.2%

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