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Affordable
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These days, finding an affordable place to live in the Middletown area can be challenging. Home prices in Middletown are now at a median cost of $636,655, higher than the Rhode Island average of $438,271.
The average cost of rent is $1,981/mo in Middletown, primarily driven by the current value of real estate in the Middletown area. In Middletown, 27.58% of households rent, and 53.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Middletown is $9,710 per month. Households that rent pay about 20.40% of their income on rent here. Middletown’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Newport East, RI: less expensive homes
- Newport, RI: higher priced homes
- Portsmouth, RI: equally priced homes
- Jamestown, RI: higher priced homes
- Prudence Park, RI: equally priced homes
- Little Compton, RI: higher priced homes
- Prudence Island, RI: equally priced homes
- Tiverton, RI: less expensive homes
- Saunderstown, RI: equally priced homes
- North Kingstown, RI: less expensive homes
Cities with Similar Populations
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- Lake Isabella, CA: less expensive homes
- Lake Helen, FL: less expensive homes
- Lake Delton, WI: less expensive homes
- Lake City, MI: less expensive homes
- Lake Barrington, IL: less expensive homes
- Lake Arthur, LA: less expensive homes
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