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These days, finding an affordable place to live in the Warwick area can be challenging. Home prices in Warwick are now at a median cost of $560,226, lower than the New York average of $610,895.
The average cost of rent is $1,664/mo in Warwick, primarily driven by the current value of real estate in the Warwick area. In Warwick, 23.72% of households rent, and 34.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Warwick is $12,329 per month. Households that rent pay about 13.50% of their income on rent here. Warwick’s most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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