The Most Affordable Neighborhoods in Hopkins Hollow, RI by Home Value

 

Hopkins Hollow, RI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Hopkins Hollow area can be challenging. Home prices in Hopkins Hollow are now at a median cost of $357,609, higher than the Rhode Island average of $323,786.

The average cost of rent is $1,508/mo in Hopkins Hollow, primarily driven by the current value of real estate in the Hopkins Hollow area. While nearly 22.60% of residents own their homes outright in Hopkins Hollow, 7.62% rent.

Housing affordability isn’t just about home prices, though. The average household income in Hopkins Hollow is $11,844 per month. Households that rent pay about 12.73% of their income on rent here. Hopkins Hollow's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.


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