
Expensive
Colorblind friendly
off
These days, finding an affordable place to live in the Mount Hope area can be challenging. Home prices in Mount Hope are now at a median cost of $486,710, higher than the Providence average of $443,229.
The average cost of rent is $1,820/mo in Mount Hope, primarily driven by the current value of real estate in the Mount Hope area. In Mount Hope, 67.39% of households rent, and 37.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mount Hope is $7,407 per month. Households that rent pay about 24.57% of their income on rent here. Mount Hope’s most expensive areas are in the southern 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
- Blackstone, Providence, RI: higher priced homes
- College Hill, Providence, RI: higher priced homes
- Hope, Providence, RI: equally priced homes
- Smith Hill, Providence, RI: higher priced homes
- Charles, Providence, RI: less expensive homes
- Downtown, Providence, RI: equally priced homes
- Fox Point, Providence, RI: equally priced homes
- Wanskuck, Providence, RI: less expensive homes
- Federal Hill, Providence, RI: less expensive homes
- Elmhurst, Providence, RI: less expensive homes
Neighborhoods with Similar Populations
- Zenith, Des Moines, WA: higher priced homes
- West Walnut, Allentown, PA: less expensive homes
- Camden, Salisbury, MD: less expensive homes
- Allendale-Lakeside, Shreveport, LA: less expensive homes
- Westgate Vecinos, Albuquerque, NM: less expensive homes
- Burlingame Gate, Burlingame, CA: higher priced homes
- Whitehouse, Jacksonville, FL: less expensive homes
- Blenman-Elm, Tucson, AZ: less expensive homes
- Biedeman, Camden, NJ: less expensive homes
- Berger, Dolton, IL: less expensive homes
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