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These days, finding an affordable place to live in the Valley Falls area can be challenging. Home prices in Valley Falls are now at a median cost of $379,917, lower than the Rhode Island average of $438,271.
The average cost of rent is $1,428/mo in Valley Falls, primarily driven by the current value of real estate in the Valley Falls area. In Valley Falls, 32.92% of households rent, and 40.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Valley Falls is $7,701 per month. Households that rent pay about 18.54% of their income on rent here. Valley Falls’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Central Falls, RI: equally priced homes
- Lincoln, RI: higher priced homes
- Pawtucket, RI: less expensive homes
- Cumberland, RI: higher priced homes
- Attleboro, MA: higher priced homes
- North Attleboro, MA: higher priced homes
- Cumberland Hill, RI: equally priced homes
- Manville, RI: equally priced homes
- Attleboro Falls, MA: higher priced homes
- Rumford, RI: equally priced homes
Cities with Similar Populations
- Gray, GA: less expensive homes
- Rocky Point, NC: less expensive homes
- Lindon, UT: higher priced homes
- Le Mars, IA: less expensive homes
- Lansing, KS: less expensive homes
- Gridley, CA: equally priced homes
- Greenville, AL: less expensive homes
- Greentree, NJ: higher priced homes
- Green River, WY: less expensive homes
- Greatwood, TX: higher priced homes
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