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These days, finding an affordable place to live in the Bristol area can be challenging. Home prices in Bristol are now at a median cost of $505,733, higher than the Rhode Island average of $438,271.
The average cost of rent is $1,673/mo in Bristol, primarily driven by the current value of real estate in the Bristol area. In Bristol, 34.11% of households rent, and 38.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bristol is $8,921 per month. Households that rent pay about 18.75% of their income on rent here. Bristol’s most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Warren, RI: less expensive homes
- Barrington, RI: higher priced homes
- Prudence Island, RI: higher priced homes
- Swansea, MA: less expensive homes
- Tiverton, RI: less expensive homes
- Portsmouth, RI: higher priced homes
- Fall River, MA: less expensive homes
- Prudence Park, RI: higher priced homes
- Somerset, MA: less expensive homes
- Riverside, RI: less expensive homes
Cities with Similar Populations
- Corcoran, CA: less expensive homes
- Sunland, CA: higher priced homes
- Springtown, TX: less expensive homes
- Spring Lake, NC: less expensive homes
- Fayetteville, TN: less expensive homes
- Darien, CT: higher priced homes
- Crest Hill, IL: less expensive homes
- Crawfordsville, IN: less expensive homes
- Covington, WA: higher priced homes
- Coronado, CA: higher priced homes
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