Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cranston area can be challenging. Home prices in Cranston are now at a median cost of $284,769, lower than the Rhode Island average of $323,786.
The average cost of rent is $1,330/mo in Cranston, primarily driven by the current value of real estate in the Cranston area. While nearly 32.38% of residents own their homes outright in Cranston, 29.86% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cranston is $6,884 per month. Households that rent pay about 19.33% of their income on rent here. Cranston's most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Providence, RI: higher priced homes
- Johnston, RI: less expensive homes
- Warwick, RI: equally priced homes
- Riverside, RI: less expensive homes
- East Providence, RI: less expensive homes
- North Providence, RI: less expensive homes
- West Warwick, RI: less expensive homes
- Hope, RI: higher priced homes
- Rumford, RI: equally priced homes
- Barrington, RI: higher priced homes
Cities with Similar Populations
- Cedar Rapids, IA: less expensive homes
- Carmel, IN: higher priced homes
- Apple Valley, CA: equally priced homes
- Arlington, TX: less expensive homes
- Arlington, VA: higher priced homes
- Baytown, TX: less expensive homes
- Atlanta, GA: equally priced homes
- Bellflower, CA: higher priced homes
- Acworth, GA: equally priced homes
- Alafaya, FL: less expensive homes
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