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RE Intelligence

Rental numbers for Kent County, RI

The typical home here runs -$1,583 a month at 7.78% with 25% down. 0 of 4 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.2%.

Gross yield
5.9%
typical home, Zillow
Median ZIP yield
5.2%
4 ZIPs with full data
Cash flow
-$1,583/mo
at 7.78%, 25% down
Typical price
$443,000
Zillow ZHVI, Aug 2026
Typical rent
$2,188/mo
Zillow ZORI, Aug 2026

ZIP codes in Kent County

8 with published figures

02886Warwick$425,000$2,1516.1%2.4%-$1,447n/a
02827Coventry$550,000$2,590*5.7%1.8%-$2,143n/a
02893West Warwick$408,000$1,8725.5%1.6%-$1,655+0.7%
02817West Greenwich$566,000$2,590*5.5%2.1%-$2,069n/a
02889Warwick$414,000$1,840*5.3%1.6%-$1,672n/a
02816Coventry$461,000$1,9095.0%1.3%-$1,979n/a
02888Warwick$414,000$1,700*4.9%1.3%-$1,781n/a
02818East Greenwich$730,000$2,6004.3%0.8%-$3,448+5.5%

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
+4.3%
Rent, 12 months
+2.1%
Rent minus price growth
-2.2 pts
Property tax
1.35%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
9010011012013014020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$328,759$1,614
Aug 2022$366,268$1,855
Aug 2023$383,097$1,915
Aug 2024$411,548$2,046
Aug 2025$424,571$2,142
Aug 2026$442,953$2,188

HUD Fair Market Rent

FY2027, Providence-Fall River, RI-MA HUD Metro FMR Area

BedroomsStudio1 bed2 bed3 bed4 bed
Fair Market Rent$1,423$1,509$1,879$2,302$2,615

The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.

Supply

Permits per 1,000 households
7.8
569 units, last 12 months
National percentile
63th
among US counties

Tools

Test a listing in Kent County against today's rate.

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Part of the Providence, RI metro.

Questions

Is Kent County good for rental property?
The typical home here runs -$1,583 a month at 7.78% with 25% down. 0 of 4 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.2%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
What is the property tax rate in Kent County?
About 1.35% of value, from Census ACS median taxes paid over median home value. On a $443,000 home that is about $5,998 a year.
What is Fair Market Rent in Kent County?
HUD's FY2027 Fair Market Rent here is $1,509 for a 1-bedroom, $1,879 for a 2-bedroom and $2,302 for a 3-bedroom. Typical cash flow at today's rate is -$1,583 a month.

Sources and method

Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.

Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.