Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cherry Valley area can be challenging. Home prices in Cherry Valley are now at a median cost of $300,534, lower than the Rhode Island average of $323,786.
The average cost of rent is $852/mo in Cherry Valley, primarily driven by the current value of real estate in the Cherry Valley area. While nearly 29.96% of residents own their homes outright in Cherry Valley, 8.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cherry Valley is $8,097 per month. Households that rent pay about 10.52% of their income on rent here. Cherry Valley's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Chepachet, RI: higher priced homes
- Pascoag, RI: equally priced homes
- West Glocester, RI: higher priced homes
- Mapleville, RI: equally priced homes
- Burrillville, RI: equally priced homes
- Oakland, RI: equally priced homes
- Harrisville, RI: equally priced homes
- Laurel Hill, RI: higher priced homes
- North Scituate, RI: higher priced homes
- North Foster, RI: higher priced homes
Cities with Similar Populations
- Homewood, SC: less expensive homes
- Hereford, CO: less expensive homes
- Slovak, AR: less expensive homes
- Sloan, NV: higher priced homes
- Heron Bay, AL: less expensive homes
- Hickory Grove, TN: less expensive homes
- Hicksville, VA: less expensive homes
- High Bank, NY: less expensive homes
- Hiles, WI: less expensive homes
- Hillemann, AR: less expensive homes
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