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Affordable
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These days, finding an affordable place to live in the 02893 area can be challenging. Home prices in 02893 are now at a median cost of $331,000, lower than the Rhode Island average of $438,271.
The average cost of rent is $1,357/mo in 02893, primarily driven by the current value of real estate in the 02893 area. In 02893, 43.02% of households rent, and 38.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 02893 is $6,970 per month. Households that rent pay about 19.46% of their income on rent here. 02893’s most expensive areas are in the southern regions, while the cheapest areas are in the western 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
- 02816, RI: equally priced homes
- 02886, RI: higher priced homes
- 02818, RI: higher priced homes
- 02831, RI: higher priced homes
- 02921, RI: higher priced homes
- 02920, RI: higher priced homes
- 02889, RI: equally priced homes
- 02888, RI: equally priced homes
- 02910, RI: equally priced homes
- 02817, RI: higher priced homes
Zip Codes with Similar Populations
- 11731, NY: higher priced homes
- 01821, MA: higher priced homes
- 60134, IL: higher priced homes
- 56401, MN: less expensive homes
- 33573, FL: equally priced homes
- 33547, FL: higher priced homes
- 40701, KY: less expensive homes
- 91356, CA: higher priced homes
- 91792, CA: higher priced homes
- 76016, TX: higher priced homes
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