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These days, finding an affordable place to live in the 02807 area can be challenging. Home prices in 02807 are now at a median cost of $1,376,367, higher than the Rhode Island average of $438,271.
The average cost of rent is $1,327/mo in 02807, primarily driven by the current value of real estate in the 02807 area. In 02807, 18.69% of households rent, and 55.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 02807 is $7,563 per month. Households that rent pay about 17.54% of their income on rent here. 02807’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
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Zip Codes with Similar Populations
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