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These days, finding an affordable place to live in the 02907 area can be challenging. Home prices in 02907 are now at a median cost of $368,593, lower than the Rhode Island average of $438,271.
The average cost of rent is $1,296/mo in 02907, primarily driven by the current value of real estate in the 02907 area. In 02907, 63.96% of households rent, and 30.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 02907 is $4,957 per month. Households that rent pay about 26.15% of their income on rent here. 02907’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
- 02905, RI: equally priced homes
- 02903, RI: higher priced homes
- 02909, RI: less expensive homes
- 02910, RI: less expensive homes
- 02912, RI: higher priced homes
- 02908, RI: equally priced homes
- 02906, RI: higher priced homes
- 02920, RI: equally priced homes
- 02914, RI: equally priced homes
- 02888, RI: equally priced homes
Zip Codes with Similar Populations
- 01930, MA: higher priced homes
- 33556, FL: higher priced homes
- 33830, FL: less expensive homes
- 29550, SC: less expensive homes
- 20721, MD: higher priced homes
- 94585, CA: higher priced homes
- 77357, TX: less expensive homes
- 78211, TX: less expensive homes
- 70126, LA: less expensive homes
- 60189, IL: higher priced homes
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