Home Price Key
Affordable
Average
Expensive
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 $261,457, lower than the Rhode Island average of $323,786.
The average cost of rent is $1,221/mo in Warwick, primarily driven by the current value of real estate in the Warwick area. While nearly 32.27% of residents own their homes outright in Warwick, 30.94% rent.
Housing affordability isn’t just about home prices, though. The average household income in Warwick is $6,639 per month. Households that rent pay about 18.40% of their income on rent here. Warwick's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Cranston, RI: equally priced homes
- Riverside, RI: equally priced homes
- West Warwick, RI: less expensive homes
- East Greenwich, RI: higher priced homes
- Barrington, RI: higher priced homes
- East Providence, RI: less expensive homes
- Providence, RI: higher priced homes
- Warren, RI: higher priced homes
- Hope, RI: higher priced homes
- Coventry, RI: equally priced homes
Cities with Similar Populations
- Vicksburg, IN: less expensive homes
- Urbancrest, OH: less expensive homes
- Visalia, CA: equally priced homes
- Vista, CA: higher priced homes
- Vaiden, MS: less expensive homes
- Urbandale, MI: less expensive homes
- Underwood, MN: equally priced homes
- Urbanette, AR: less expensive homes
- Union Grove, TX: less expensive homes
- Vergas, MN: higher priced homes
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