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These days, finding an affordable place to live in the Laurel Hill area can be challenging. Home prices in Laurel Hill are now at a median cost of $371,200, lower than the Rhode Island average of $438,271.
The average cost of rent is $1,176/mo in Laurel Hill, primarily driven by the current value of real estate in the Laurel Hill area. In Laurel Hill, 5.55% of households rent, and 15.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Laurel Hill is $12,719 per month. Households that rent pay about 9.25% of their income on rent here. Laurel Hill’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pascoag, RI: equally priced homes
- Burrillville, RI: higher priced homes
- Harrisville, RI: equally priced homes
- Oakland, RI: higher priced homes
- Douglas, MA: higher priced homes
- Slatersville, RI: higher priced homes
- Mapleville, RI: equally priced homes
- South Sutton, MA: higher priced homes
- Cherry Valley, RI: equally priced homes
- Uxbridge, MA: higher priced homes
Cities with Similar Populations
- Puerto Rico, TX: less expensive homes
- Randles, MO: less expensive homes
- Ramona Beach, NY: less expensive homes
- Radium, TX: less expensive homes
- Raco, MI: less expensive homes
- Queens Lake, VA: equally priced homes
- Quail, TX: less expensive homes
- Pyrites, NY: less expensive homes
- Punkin Center, TX: less expensive homes
- Pumpkintown, WV: less expensive homes
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