Average Rent In Rhode Island For February 2020

By Chris Kolmar | HomeSnacks | Updated: 2020-02-23
$2,000
Average Rent
$1.551
Average $/sqft

What is the average rent in Rhode Island?

According to the most recent data from Zillow, the average rent in Rhode Island for February 2020 is $2,000. With an averge apartment size of 1,289 sqft, the average price per square foot in Rhode Island is $1.551.

Compared to the national average of $1,650, Rhode Island rent costs 21.2% more. Read our analysis of rents by state to see how Rhode Island ranks.

Here's a look at how average rents have changed over time:

Cheapest Places To Live In Rhode Island

How Does Rhode Island Rent Compare To The Rest Of The Country?

StatisticRIUSA% Difference
Average Rent $2,000$1,650 21.2%
Average $/sqft $1.551$1.135 36.7%
M-o-M Change $0$0 nan%
Y-o-Y Change $0$5 -100.0%
M-o-M % Change 0.0%0.0% -
Y-o-Y % Change 0.0%0.3% -

Median Rent By Bedrooms In Rhode Island

$1,325
Studio
$1,300
1-Bedroom
$1,514
2-Bedroom
$1,900
3-Bedroom
$2,400
4-Bedroom

As you would expect, the median price for rent in Rhode Island increases as the number of bedrooms in the unit increases. Studios rent the cheapest in Rhode Island clocking in at $1,325, while a four bedroom rental will set you back $2,400 per month.

We think the best deal comes in the form of a two bedroom for $1,514 per month, however, if you don't mind having roommates, the best option on a per room basis is a 4-bedroom rental for $600/room/month.

Read on to find out more or for more on Rhode Island check out:

Month Over Month Rhode Island Rent Statistics

$0
M-o-M Increase
0.0%
M-o-M Increase

Rhode Island has experienced a $0 change in rent over the past month going from $2,000 to $2,000. That change comes out to 0.0%.

For reference, the US national average rent changed $0 in the past month or 0.0%.

Here's a look at the month over month change for each month since 2010 for Rhode Island:

Year Over Year Rhode Island Rent Statistics

$0
Y-o-Y Increase
0.0%
Y-o-Y Increase

Over the past year, the average rent in Rhode Island changed $0 from $2,000 to $2,000. A change of $0 means that rents changed 0.0% in a year.

That compares to the US national change of $5 in the past year or 0.3%.

Here's a look at the year over year change by month since 2011 for Rhode Island:

The 10 Places With The Highest Rent In Rhode Island

Melville, RI

Population: 1,429
Median Rent: $2,233
More on Melville: Real Estate | Data | Photos

Hope Valley, RI

Population: 1,777
Median Rent: $1,546
More on Hope Valley: Real Estate | Data | Photos

Kingston, RI

Population: 6,983
Median Rent: $1,379
More on Kingston: Real Estate | Data | Photos

Narragansett Pier, RI

Population: 3,977
Median Rent: $1,286
More on Narragansett Pier: Real Estate | Data | Photos

Newport East, RI

Population: 11,211
Median Rent: $1,263
More on Newport East: Real Estate | Data | Photos

Newport, RI

Population: 24,745
Median Rent: $1,245
More on Newport: Real Estate | Data | Photos

Bradford, RI

Population: 1,477
Median Rent: $1,227
More on Bradford: Real Estate | Data

Warwick, RI
Source: Public domain

Population: 81,218
Median Rent: $1,178
More on Warwick: Real Estate | Data | Photos

Westerly, RI

Population: 17,323
Median Rent: $1,119
More on Westerly: Real Estate | Data | Photos

Wakefield-Peacedale, RI

Population: 9,044
Median Rent: $1,072
More on Wakefield-Peacedale: Real Estate | Data | Photos

Learn More About Living In Rhode Island

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn.

Average Rent By State

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