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Affordable
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These days, finding an affordable place to live in the 02808 area can be challenging. Home prices in 02808 are now at a median cost of $408,442, lower than the Rhode Island average of $438,271.
The average cost of rent is $1,349/mo in 02808, primarily driven by the current value of real estate in the 02808 area. In 02808, 21.30% of households rent, and 24.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 02808 is $9,302 per month. Households that rent pay about 14.50% of their income on rent here. 02808’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern 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
- 02804, RI: less expensive homes
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Zip Codes with Similar Populations
- 95454, CA: equally priced homes
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