Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Lower South Providence area can be challenging. Home prices in Lower South Providence are now at a median cost of $344,402, lower than the Providence average of $443,229.
The average cost of rent is $1,116/mo in Lower South Providence, primarily driven by the current value of real estate in the Lower South Providence area. In Lower South Providence, 67.72% of households rent, and 29.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lower South Providence is $4,764 per month. Households that rent pay about 23.43% of their income on rent here. Lower South Providence’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Elmwood, Providence, RI: equally priced homes
- Upper South Providence, Providence, RI: higher priced homes
- Wayland, Providence, RI: higher priced homes
- Washington Park, Providence, RI: equally priced homes
- West End, Providence, RI: higher priced homes
- Reservoir, Providence, RI: equally priced homes
- South Elmwood, Providence, RI: less expensive homes
- Downtown, Providence, RI: higher priced homes
- Federal Hill, Providence, RI: higher priced homes
- Fox Point, Providence, RI: higher priced homes
Neighborhoods with Similar Populations
- Mountain View, Anchorage, AK: higher priced homes
- Plaza-Eastway, Charlotte, NC: less expensive homes
- Pelican Bay, Naples, FL: higher priced homes
- Oak Forest, Charlotte, NC: less expensive homes
- North Quinsigamond Village, Worcester, MA: equally priced homes
- North Hill Historic District, New Castle, PA: less expensive homes
- Newport, Bellevue, WA: higher priced homes
- Natomas Corporate Center, Sacramento, CA: higher priced homes
- Nashboro Village, Nashville, TN: equally priced homes
- Royal Highlands, Brooksville, FL: equally priced homes
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