The Most Affordable Neighborhoods in Providence County, RI by Home Value

 

Providence County, RI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Providence County area can be challenging. Home prices in Providence County are now at a median cost of $284,284, lower than the Rhode Island average of $323,786.

The average cost of rent is $1,137/mo in Providence County, primarily driven by the current value of real estate in the Providence County area. While nearly 31.52% of residents own their homes outright in Providence County, 41.44% rent.

Housing affordability isn’t just about home prices, though. The average household income in Providence County is $6,251 per month. Households that rent pay about 18.19% of their income on rent here. Providence County's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the county.


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