
Home Price Key
These days, finding an affordable place to live in the Federal Hill area can be challenging. Home prices in Federal Hill are now at a median cost of $245,842, lower than the Providence average of $332,634.
The average cost of rent is $1,097/mo in Federal Hill, primarily driven by the current value of real estate in the Federal Hill area. While nearly 37.39% of residents own their homes outright in Federal Hill, 83.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in Federal Hill is $4,506 per month. Households that rent pay about 24.34% of their income on rent here. Federal Hill's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Nearby Neighborhoods
- Valley, Providence, RI: equally priced homes
- Downtown, Providence, RI: higher priced homes
- West End, Providence, RI: equally priced homes
- Upper South Providence, Providence, RI: less expensive homes
- Olneyville, Providence, RI: less expensive homes
- Smith Hill, Providence, RI: higher priced homes
- Wayland, Providence, RI: higher priced homes
- Mount Pleasant, Providence, RI: equally priced homes
- College Hill, Providence, RI: higher priced homes
- Silver Lake, Providence, RI: less expensive homes
Neighborhoods with Similar Populations
- Irvine Health and Science Complex, Irvine, CA: higher priced homes
- Arlington Manor, Jacksonville, FL: less expensive homes
- Mt. Park, Lake Oswego, OR: higher priced homes
- Southside Flats, Pittsburgh, PA: equally priced homes
- Walnut Orange Walsh, Waterbury, CT: less expensive homes
- Crieve Hall, Nashville, TN: higher priced homes
- Circle Cross Ranch, San Tan Valley, AZ: equally priced homes
- Brooklyn-Centre, Cleveland, OH: less expensive homes
- Chabot Terrace, Vallejo, CA: higher priced homes
- South Burlington North, South Burlington, VT: equally priced homes
All Local Stats
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