Rhode Island Housing Market Data
In Rhode Island, the median home value across 5 counties is $474,800, with a median gross rent of $1,441/month. Below is a full county-by-county breakdown based on the U.S. Census Bureau's American Community Survey (ACS 2024 5-Year Estimates).
Median Home Value
$474,800
Median Rent
$1,441/mo
Owner Occupancy
69.4%
Counties
5
📈 Rhode Island Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — Purchase-Only, Quarterly (2000 = 100) · Latest: 2026-Q2
💡 Year-over-Year Trend:
Home prices in Rhode Island
rose +4.6%
year-over-year as of 2026-Q2.
(Source: FHFA)
📍 State Economic Snapshot
Aggregate economic and demographic indicators for Rhode Island
Employment
424,289
private-sector jobs (2025)
- Total establishments: 43,941
BLS QCEW
New Housing Supply
1,738
new units authorized (2025)
U.S. Census Bureau
Net Migration
+12437
filers (2021-2022)
IRS Statistics of Income
🔗 Explore Rhode Island on Our Sister Sites
Compare financing options and ongoing ownership costs across all 5 counties in Rhode Island.
💰 Mortgage Guide → 🧾 Property Tax Data →Top 10 Most Expensive Counties in Rhode Island
| # | County | Median Home Value | Median Rent | Price/Rent Ratio |
|---|---|---|---|---|
| 1 | Newport County | $609,700 | $1,713 | 29.7 |
| 2 | Bristol County | $513,800 | $1,528 | 28.0 |
| 3 | Washington County | $510,800 | $1,327 | 32.1 |
| 4 | Providence County | $373,600 | $1,312 | 23.7 |
| 5 | Kent County | $366,100 | $1,327 | 23.0 |
Top 10 Most Affordable Counties in Rhode Island
| # | County | Median Home Value | Median Rent | Price/Rent Ratio |
|---|---|---|---|---|
| 1 | Newport County | $609,700 | $1,713 | 29.7 |
| 2 | Bristol County | $513,800 | $1,528 | 28.0 |
| 3 | Washington County | $510,800 | $1,327 | 32.1 |
| 4 | Providence County | $373,600 | $1,312 | 23.7 |
| 5 | Kent County | $366,100 | $1,327 | 23.0 |
All Counties in Rhode Island
| County | Median Home Value | Median Rent | Owner Occupancy |
|---|---|---|---|
| Newport County | $609,700 | $1,713 | 67.9% |
| Bristol County | $513,800 | $1,528 | 71.8% |
| Washington County | $510,800 | $1,327 | 77.5% |
| Providence County | $373,600 | $1,312 | 56.9% |
| Kent County | $366,100 | $1,327 | 73.1% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14.