Rental numbers for Providence County, RI
The typical home here runs -$1,726 a month at 7.78% with 25% down. 0 of 22 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.5%.
- Gross yield
- 5.5%
- typical home, Zillow
- Median ZIP yield
- 5.5%
- 22 ZIPs with full data
- Cash flow
- -$1,726/mo
- at 7.78%, 25% down
- Typical price
- $455,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $2,083/mo
- Zillow ZORI, Aug 2026
ZIP codes in Providence County
34 with published figures
| 02903Providence | $446,000 | $2,395 | 6.5% | 2.9% | -$1,339 | +2.9% |
| 02909Providence | $388,000 | $2,017 | 6.3% | 2.4% | -$1,316 | +5.0% |
| 02908Providence | $418,000 | $2,177 | 6.2% | 2.6% | -$1,351 | +7.3% |
| 02861Pawtucket | $404,000 | $1,989 | 5.9% | 2.2% | -$1,438 | +5.1% |
| 02914East Providence | $428,000 | $2,077 | 5.8% | 2.2% | -$1,527 | n/a |
| 02905Providence | $425,000 | $2,050 | 5.8% | 2.2% | -$1,513 | +6.2% |
| 02915East Providence | $444,000 | $2,114 | 5.7% | 2.1% | -$1,617 | +4.4% |
| 02919Johnston | $456,000 | $2,140 | 5.6% | 2.0% | -$1,697 | n/a |
| 02920Cranston | $456,000 | $2,131 | 5.6% | 1.9% | -$1,722 | +2.1% |
| 02860Pawtucket | $395,000 | $1,832 | 5.6% | 1.9% | -$1,514 | +5.6% |
| 02904North Providence | $403,000 | $1,873 | 5.6% | 1.9% | -$1,543 | +4.0% |
| 02910Cranston | $409,000 | $1,869 | 5.5% | 1.8% | -$1,602 | +6.0% |
| 02907Providence | $403,000 | $1,831 | 5.5% | 2.0% | -$1,514 | +3.2% |
| 02838Lincoln | $448,000 | $1,995 | 5.3% | 1.8% | -$1,723 | n/a |
| 02864Cumberland | $524,000 | $2,300 | 5.3% | 1.9% | -$1,980 | +3.1% |
| 02916East Providence | $499,000 | $2,113 | 5.1% | 1.6% | -$2,032 | n/a |
| 02863Central Falls | $382,000 | $1,606 | 5.0% | 1.6% | -$1,552 | +3.3% |
| 02895Woonsocket | $387,000 | $1,616 | 5.0% | 1.4% | -$1,646 | +3.0% |
| 02911North Providence | $426,000 | $1,766 | 5.0% | 1.3% | -$1,837 | +3.3% |
| 02921Cranston | $648,000 | $2,618 | 4.9% | 1.3% | -$2,772 | n/a |
| 02839Burrillville | $507,000 | $2,040* | 4.8% | 1.4% | -$2,147 | n/a |
| 02831Scituate | $581,000 | $2,320* | 4.8% | 1.6% | -$2,349 | n/a |
| 02815Scituate | $526,000 | $1,930* | 4.4% | 1.0% | -$2,401 | n/a |
| 02825Foster | $563,000 | $2,060* | 4.4% | 0.7% | -$2,690 | n/a |
| 02857Scituate | $546,000 | $1,930* | 4.2% | 1.0% | -$2,492 | n/a |
| 02917Smithfield | $526,000 | $1,825 | 4.2% | 1.0% | -$2,403 | n/a |
| 02828Smithfield | $529,000 | $1,810* | 4.1% | 0.8% | -$2,492 | n/a |
| 02859Burrillville | $476,000 | $1,540* | 3.9% | 0.5% | -$2,348 | n/a |
| 02858Burrillville | $463,000 | $1,480* | 3.8% | 0.1% | -$2,459 | n/a |
| 02814Glocester | $504,000 | $1,600* | 3.8% | 0.4% | -$2,546 | n/a |
| 02865Lincoln | $571,000 | $1,800* | 3.8% | 0.8% | -$2,719 | n/a |
| 02906Providence | $818,000 | $2,509 | 3.7% | 0.8% | -$3,884 | +6.9% |
| 02896North Smithfield | $517,000 | $1,580* | 3.7% | 0.5% | -$2,560 | n/a |
| 02830Burrillville | $490,000 | $1,460* | 3.6% | 0.4% | -$2,482 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +2.1%
- Rent, 12 months
- +4.6%
- Rent minus price growth
- +2.5 pts
- Property tax
- 1.25%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $345,852 | $1,523 |
| Aug 2022 | $383,849 | $1,715 |
| Aug 2023 | $399,967 | $1,834 |
| Aug 2024 | $432,980 | $1,927 |
| Aug 2025 | $445,535 | $1,991 |
| Aug 2026 | $455,095 | $2,083 |
HUD Fair Market Rent
FY2027, Providence-Fall River, RI-MA HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 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
- 3.9
- 1,007 units, last 12 months
- National percentile
- 41th
- among US counties
Tools
Test a listing in Providence County against today's rate.
Open the calculatorPart of the Providence, RI metro.
Questions
- Is Providence County good for rental property?
- The typical home here runs -$1,726 a month at 7.78% with 25% down. 0 of 22 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.5%. 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 Providence County?
- About 1.25% of value, from Census ACS median taxes paid over median home value. On a $455,000 home that is about $5,702 a year.
- What is Fair Market Rent in Providence 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 -$1,726 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
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.