Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 02816 area can be challenging. Home prices in 02816 are now at a median cost of $270,822, lower than the Rhode Island average of $323,786.
The average cost of rent is $1,265/mo in 02816, primarily driven by the current value of real estate in the 02816 area. While nearly 32.19% of residents own their homes outright in 02816, 22.53% rent.
Housing affordability isn’t just about home prices, though. The average household income in 02816 is $7,828 per month. Households that rent pay about 16.16% of their income on rent here. 02816's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 02893, RI: less expensive homes
- 02831, RI: higher priced homes
- 02818, RI: higher priced homes
- 02817, RI: higher priced homes
- 02921, RI: higher priced homes
- 02886, RI: equally priced homes
- 02815, RI: higher priced homes
- 02827, RI: higher priced homes
- 02920, RI: equally priced homes
- 02822, RI: higher priced homes
Zip Codes with Similar Populations
- 95476, CA: higher priced homes
- 33326, FL: higher priced homes
- 46077, IN: higher priced homes
- 21225, MD: less expensive homes
- 92131, CA: higher priced homes
- 72032, AR: less expensive homes
- 54729, WI: less expensive homes
- 92551, CA: higher priced homes
- 19013, PA: less expensive homes
- 77530, TX: less expensive homes
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