The Most Affordable Neighborhoods in West Warwick, RI by Home Value

 

West Warwick, RI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the West Warwick area can be challenging. Home prices in West Warwick are now at a median cost of $331,206, lower than the Rhode Island average of $438,271.

The average cost of rent is $1,357/mo in West Warwick, primarily driven by the current value of real estate in the West Warwick area. In West Warwick, 43.01% of households rent, and 37.82% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in West Warwick is $6,966 per month. Households that rent pay about 19.48% of their income on rent here. West Warwick’s most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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