The Most Affordable Neighborhoods in Charles, Providence, RI by Home Value

 

Charles, Providence, RI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Charles area can be challenging. Home prices in Charles are now at a median cost of $197,658, lower than the Providence average of $332,634.

The average cost of rent is $1,089/mo in Charles, primarily driven by the current value of real estate in the Charles area. While nearly 13.76% of residents own their homes outright in Charles, 48.69% rent.

Housing affordability isn’t just about home prices, though. The average household income in Charles is $4,703 per month. Households that rent pay about 23.16% of their income on rent here. Charles's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the neighborhood.


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