The Most Affordable Neighborhoods in Fox Point, Providence, RI by Home Value

 

Fox Point, Providence, RI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Fox Point area can be challenging. Home prices in Fox Point are now at a median cost of $468,748, higher than the Providence average of $443,229.

The average cost of rent is $1,830/mo in Fox Point, primarily driven by the current value of real estate in the Fox Point area. In Fox Point, 68.16% of households rent, and 35.43% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Fox Point is $7,626 per month. Households that rent pay about 23.99% of their income on rent here. Fox Point’s most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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