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These days, finding an affordable place to live in the 02865 area can be challenging. Home prices in 02865 are now at a median cost of $450,408, higher than the Rhode Island average of $438,271.
The average cost of rent is $1,162/mo in 02865, primarily driven by the current value of real estate in the 02865 area. In 02865, 26.83% of households rent, and 39.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 02865 is $8,688 per month. Households that rent pay about 13.37% of their income on rent here. 02865’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern 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
- 02863, RI: less expensive homes
- 02802, RI: higher priced homes
- 02864, RI: equally priced homes
- 02904, RI: less expensive homes
- 02860, RI: less expensive homes
- 02911, RI: less expensive homes
- 02917, RI: equally priced homes
- 02861, RI: less expensive homes
- 02838, RI: equally priced homes
- 02908, RI: less expensive homes
Zip Codes with Similar Populations
- 02451, MA: higher priced homes
- 10538, NY: higher priced homes
- 11754, NY: higher priced homes
- 42501, KY: less expensive homes
- 28501, NC: less expensive homes
- 01075, MA: less expensive homes
- 29379, SC: less expensive homes
- 30011, GA: less expensive homes
- 31701, GA: less expensive homes
- 32095, FL: higher priced homes
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