Affordable
Expensive
Expensive
Colorblind friendly
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These days, finding an affordable place to live in the Reservoir area can be challenging. Home prices in Reservoir are now at a median cost of $342,828, lower than the Providence average of $443,229.
The average cost of rent is $1,414/mo in Reservoir, primarily driven by the current value of real estate in the Reservoir area. In Reservoir, 25.29% of households rent, and 29.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Reservoir is $7,931 per month. Households that rent pay about 17.82% of their income on rent here. Reservoir’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern 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
- Auburn, Cranston, RI: equally priced homes
- South Elmwood, Providence, RI: less expensive homes
- Wayland, Providence, RI: higher priced homes
- Lower South Providence, Providence, RI: equally priced homes
- West End, Providence, RI: higher priced homes
- Washington Park, Providence, RI: equally priced homes
- Knightsville, Cranston, RI: equally priced homes
- Upper South Providence, Providence, RI: higher priced homes
- Edgewood, Cranston, RI: higher priced homes
Neighborhoods with Similar Populations
- East Campus, Columbia, MO: less expensive homes
- Far North Dallas-Carrollton, Carrollton, TX: higher priced homes
- Tevis Ranch, Bakersfield, CA: equally priced homes
- Extencion Roosevelt, San Juan, PR: less expensive homes
- Thurston Woods, Milwaukee, WI: less expensive homes
- Ellwanger-Barry, Rochester, NY: less expensive homes
- University-Syracuse, Syracuse, NY: less expensive homes
- Urbanizacion Toa Alta Hts, Toa Alta, PR: less expensive homes
- East Village, Cuyahoga Falls, OH: less expensive homes
- East Ocean View, Norfolk, VA: higher priced homes
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