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Affordable
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These days, finding an affordable place to live in the 02871 area can be challenging. Home prices in 02871 are now at a median cost of $625,162, higher than the Rhode Island average of $438,271.
The average cost of rent is $1,818/mo in 02871, primarily driven by the current value of real estate in the 02871 area. In 02871, 19.53% of households rent, and 35.74% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 02871 is $9,941 per month. Households that rent pay about 18.29% of their income on rent here. 02871’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern 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
- 02872, RI: equally priced homes
- 02878, RI: less expensive homes
- 02842, RI: equally priced homes
- 02809, RI: less expensive homes
- 02841, RI: equally priced homes
- 02837, RI: higher priced homes
- 02724, MA: less expensive homes
- 02840, RI: higher priced homes
- 02721, MA: less expensive homes
- 02835, RI: higher priced homes
Zip Codes with Similar Populations
- 86403, AZ: less expensive homes
- 94949, CA: higher priced homes
- 94019, CA: higher priced homes
- 11733, NY: higher priced homes
- 48879, MI: less expensive homes
- 83001, WY: higher priced homes
- 80751, CO: less expensive homes
- 33898, FL: less expensive homes
- 33565, FL: less expensive homes
- 37405, TN: less expensive homes
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