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These days, finding an affordable place to live in the Coventry area can be challenging. Home prices in Coventry are now at a median cost of $349,066, lower than the Rhode Island average of $438,271.
The average cost of rent is $1,395/mo in Coventry, primarily driven by the current value of real estate in the Coventry area. In Coventry, 19.63% of households rent, and 32.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Coventry is $9,287 per month. Households that rent pay about 15.02% of their income on rent here. Coventry’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Harris, RI: higher priced homes
- West Warwick, RI: equally priced homes
- Hope, RI: higher priced homes
- West Greenwich, RI: higher priced homes
- East Greenwich, RI: higher priced homes
- Clayville, RI: higher priced homes
- Greene, RI: higher priced homes
- Warwick, RI: equally priced homes
- Saundersville, RI: higher priced homes
- Cranston, RI: higher priced homes
Cities with Similar Populations
- Grand Haven, MI: equally priced homes
- Newberg, OR: higher priced homes
- McMinnville, TN: less expensive homes
- Lake in the Hills, IL: equally priced homes
- Jasper, AL: less expensive homes
- Jacksonville Beach, FL: higher priced homes
- Immokalee, FL: less expensive homes
- Hobart, IN: less expensive homes
- Hiram, GA: less expensive homes
- Helotes, TX: higher priced homes
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