Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Downtown area can be challenging. Home prices in Downtown are now at a median cost of $437,026, higher than the Providence average of $332,634.
The average cost of rent is $1,762/mo in Downtown, primarily driven by the current value of real estate in the Downtown area. While nearly 49.64% of residents own their homes outright in Downtown, 83.86% rent.
Housing affordability isn’t just about home prices, though. The average household income in Downtown is $5,427 per month. Households that rent pay about 32.47% of their income on rent here. Downtown's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Nearby Neighborhoods
- College Hill, Providence, RI: higher priced homes
- Federal Hill, Providence, RI: less expensive homes
- Upper South Providence, Providence, RI: less expensive homes
- Smith Hill, Providence, RI: higher priced homes
- Fox Point, Providence, RI: less expensive homes
- Mount Hope, Providence, RI: less expensive homes
- Valley, Providence, RI: less expensive homes
- West End, Providence, RI: less expensive homes
- Lower South Providence, Providence, RI: less expensive homes
- Wayland, Providence, RI: equally priced homes
Neighborhoods with Similar Populations
- Turners, Dundalk, MD: less expensive homes
- Garfield, Huntington Beach, CA: equally priced homes
- Greater Belhaven, Jackson, MS: less expensive homes
- Greater Mount Washington, Baltimore, MD: less expensive homes
- Junior College Neighborhood Assc., Santa Rosa, CA: higher priced homes
- Kettering-Butzel, Detroit, MI: less expensive homes
- Larkfield-Wikiup, Santa Rosa, CA: higher priced homes
- Monte Vista, San Antonio, TX: higher priced homes
- Shadow Hills, Sunland, CA: higher priced homes
- Southside, Binghamton, NY: less expensive homes
All Local Stats
Home Services
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