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These days, finding an affordable place to live in the 02838 area can be challenging. Home prices in 02838 are now at a median cost of $414,792, lower than the Rhode Island average of $438,271.
The average cost of rent is $1,759/mo in 02838, primarily driven by the current value of real estate in the 02838 area. In 02838, 33.29% of households rent, and 49.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 02838 is $9,163 per month. Households that rent pay about 19.20% of their income on rent here. 02838’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern 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
- 02802, RI: higher priced homes
- 02895, RI: less expensive homes
- 02864, RI: equally priced homes
- 02896, RI: higher priced homes
- 02865, RI: equally priced homes
- 01504, MA: equally priced homes
- 02917, RI: higher priced homes
- 02876, RI: higher priced homes
- 02863, RI: less expensive homes
- 01529, MA: equally priced homes
Zip Codes with Similar Populations
- 79845, TX: less expensive homes
- 32328, FL: less expensive homes
- 12404, NY: equally priced homes
- 32464, FL: less expensive homes
- 45369, OH: less expensive homes
- 49435, MI: less expensive homes
- 70788, LA: less expensive homes
- 13033, NY: less expensive homes
- 79081, TX: less expensive homes
- 91906, CA: less expensive homes
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