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Affordable
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These days, finding an affordable place to live in the 02885 area can be challenging. Home prices in 02885 are now at a median cost of $414,159, lower than the Rhode Island average of $438,271.
The average cost of rent is $1,353/mo in 02885, primarily driven by the current value of real estate in the 02885 area. In 02885, 38.68% of households rent, and 39.62% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 02885 is $7,932 per month. Households that rent pay about 17.06% of their income on rent here. 02885’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
- 02806, RI: higher priced homes
- 02809, RI: higher priced homes
- 02777, MA: equally priced homes
- 02725, MA: equally priced homes
- 02915, RI: less expensive homes
- 02724, MA: equally priced homes
- 02721, MA: equally priced homes
- 02889, RI: less expensive homes
- 02726, MA: equally priced homes
- 02720, MA: equally priced homes
Zip Codes with Similar Populations
- 59870, MT: higher priced homes
- 97138, OR: higher priced homes
- 98148, WA: higher priced homes
- 96708, HI: higher priced homes
- 61072, IL: less expensive homes
- 59860, MT: equally priced homes
- 22835, VA: less expensive homes
- 34450, FL: less expensive homes
- 97367, OR: equally priced homes
- 60190, IL: equally priced homes
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