America’s smallest state, Rhode Island, has no shortage of reasons to consider moving there. With charming coastal towns, historic cities such as providence, the state’s maritime heritage, historic homes, and beautiful islands, there’s a lot to love about Rhode Island. If Rhode Island sounds right for you, you might also be curious about which cities fit your budget. to that moment Buying a House in Rhode Island The median home sales price is $489,100.
Don’t worry if the price is out of your budget. We have a variety of options to help you find your home. Redfin has compiled a list of the 10 best places to live in Rhode Island where the median home sale price is lower than the state average. from west warwick arrive Woonsocketread on to find out which cities you might want to consider moving to.
#1: Central Falls
Median house price: $377,000
Average sales price per square foot: $181
Median household income: $34,689
Nearest major subway: Providence (5 miles)
Central Falls, RI Homes for Sale
Apartments for Rent in Central Falls, RI
With a median home sale price of $377,000, Central Falls ranks No. 1 on our list of the most affordable places to live in Rhode Island. You’ll find approximately 22,600 residents in the Central Falls area, so you’ll enjoy a small-city feel without the big-city prices. If Central Falls is right for you, be sure to spend an afternoon at Valley Falls Pond and check out the restaurants and shops in downtown Central Falls.
#2: West Warwick
Median house price: $380,000
Average sales price per square foot: $244
Median household income: $62,649
Nearest major subway: Providence (10 miles)
West Warwick, RI Homes for Sale
Apartments for Rent in West Warwick, RI
Second place goes to West Warwick, with a median home sale of $380,000. This medium-sized city is located about 10 miles south of Providence and is home to approximately 31,000 residents. If you’re considering moving to the area, be sure to visit the Matteson Pond Recreation Area to explore the Arctic and play golf at one of the clubs.
#3: North Providence
Median house price: $385,000
Average sales price per square foot: $236
Median household income: $63,158
Nearest major subway: Providence (5 miles)
North Providence, RI Homes for Sale
North Providence, RI Apartments for Rent
Another city of note is North Providence, where you’ll find home prices about $100,000 less than the state average. With approximately 34,100 residents, North Providence is a great city to consider living in this year. Whether you visit Governor John Knott Memorial Park along Wainscott Reservoir, enjoy a meal at one of the area’s great restaurants, or play golf on a golf course, the city has plenty to do and see.
#4: Warwick
Median house price: $397,500
Average sales price per square foot: $256
Average rent for a one-bedroom apartment: $1,622
Median household income: $73,285
Nearest major subway: Providence (10 miles)
Warwick, RI Homes for Sale
Apartments for Rent in Warwick, RI
Warwick ranks fourth on the list of affordable places to live in Rhode Island. Warwick has a population of approximately 82,800 people, and although you live in a medium-sized city, there’s no shortage of things to do in Warwick. Once you move here, don’t miss the chance to enjoy nature at oceanfront spots like Rocky Point State Park, Buttonwoods Beach, or Conimicut Point Park, enjoy a meal by the water, or check out the town’s other amazing local restaurants and shops.
#5: Pawtucket
Median house price: $420,000
Average sales price per square foot: $239
Average rent for a one-bedroom apartment: $1,750
Median household income: $52,902 USD
Nearest major subway: Providence (5 miles)
Pawtucket, RI Homes for Sale
Apartments for Rent in Pawtucket, RI
Fifth is Pawtucket, currently home to approximately 75,600 residents. The median home sale is $420,000, which is about $70,000 lower than the Rhode Island median home sale. If you find yourself moving to this affordable part of Rhode Island, visit one of the parks like Slater Memorial Park or Ten Mile River, or go to Old Slater’s Mill National Historic Landmarkand visit the downtown area.
#6: Coventry
Median house price: $427,950
Average sales price per square foot: $235
Median household income: $44,310
Nearest major subway: Providence (15 miles)
Coventry, RI Homes for Sale
Coventry, RI Apartments for Rent
Coventry City is a little more expensive than Pawtucket. There are several popular attractions in Coventry that you may want to visit. Be sure to explore nature preserves like the Audubon George Parker Woodlands Wildlife Refuge, Audubon Maxwell Mays Wildlife Refuge, or Tillinghast Pond Management Area, take a camping trip, or go fishing on Teague Lake.
#7: East Providence
Median house price: $432,064
Average sales price per square foot: $264
Average rent for a one-bedroom apartment: $1,950
Median household income: $65,016
Nearest major subway: Providence (5 miles)
East Providence, RI Homes for Sale
Apartments for Rent in East Providence, RI
Another great place to consider living in Rhode Island is East Providence, which has a population of approximately 47,100 people. Popular attractions in East Providence include visiting the Crescent Park Carousel, which dates back to 1895, and enjoying the views at Sabine Point Waterfront Park. You can also visit Pom Rock Lighthouse and tour downtown East Providence.
#8: Johnston
Median house price: $442,000
Average sales price per square foot: $262
Median household income: $75,579
Nearest major subway: Providence (5 miles)
Johnston, RI Homes for Sale
Apartments for Rent in Johnston, RI
If you’ve lived in Rhode Island for a while, you probably know Johnston. About 29,600 people live in Johnston, just 5 miles west of Providence. Once you move to Johnston, you’ll want to explore the trails of the vast Snake Den State Park, where you’ll also find evil tulip farmand visit the shops and restaurants along Atwood Ave.
#9: Woonsocket
Median house price: $455,000
Average sales price per square foot: $198
Average rent for a one-bedroom apartment: $900
Median household income: $44,310
Nearest major subway: Providence (15 miles)
Woonsocket, RI Homes for Sale
Apartments for Rent in Woonsocket, RI
Woonsocket ranks ninth on our list of affordable cities to live in Rhode Island. While you’re living in this city of 43,200 people, you can visit one of its museums, such as Museum of Work and CulturePolar Express Station and other websites to watch the show stadium theaterand visit one of the parks like Cass Park.
#10: Cranston
Median house price: $467,814
Average sales price per square foot: $257
Average rent for a one-bedroom apartment: $1,360
Median household income: $44,310
Nearest major subway: Providence (5 miles)
Cranston, RI Homes for Sale
Apartments for Rent in Cranston, RI
The final area on our list of the most affordable places to live in Rhode Island is Cranston. With a city of 82,900 residents, moving to this affordable city means you don’t have to live in a metropolitan area to enjoy the conveniences of city life. Live in Cranstonyou can enjoy all the local restaurants downtown and visit some parks like Pawtuxet Oboe Park and John L. Curran State Park.
method: All cities must have more than 20,000 residents and have a median home sales price lower than the average median home sales price in Rhode Island, according to the U.S. Census. Median home sales and median sales price per square foot Red Fin Information Center Average rent data for the period July 2024 rental network August 2023. U.S. Census Bureau.