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Expensive
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These days, finding an affordable place to live in the 02861 area can be challenging. Home prices in 02861 are now at a median cost of $232,722, lower than the Rhode Island average of $323,786.
The average cost of rent is $1,152/mo in 02861, primarily driven by the current value of real estate in the 02861 area. While nearly 26.67% of residents own their homes outright in 02861, 37.49% rent.
Housing affordability isn’t just about home prices, though. The average household income in 02861 is $5,936 per month. Households that rent pay about 19.40% of their income on rent here. 02861's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 02860, RI: equally priced homes
- 02863, RI: less expensive homes
- 02916, RI: higher priced homes
- 02771, MA: higher priced homes
- 02906, RI: higher priced homes
- 02703, MA: higher priced homes
- 02904, RI: equally priced homes
- 02865, RI: higher priced homes
- 02912, RI: higher priced homes
- 02914, RI: equally priced homes
Zip Codes with Similar Populations
- 97703, OR: higher priced homes
- 74006, OK: less expensive homes
- 85747, AZ: higher priced homes
- 76018, TX: less expensive homes
- 73533, OK: less expensive homes
- 72019, AR: equally priced homes
- 48317, MI: less expensive homes
- 94132, CA: higher priced homes
- 96753, HI: higher priced homes
- 22401, VA: higher priced homes
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