Rental numbers for the Providence, RI metro
The typical home here runs -$2,132 a month at 7.78% with 25% down. 0 of 51 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 5.1%.
- Gross yield
- 5.0%
- typical home, Zillow
- Median ZIP yield
- 5.1%
- 51 ZIPs with full data
- Cash flow
- -$2,132/mo
- at 7.78%, 25% down
- Typical price
- $525,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $2,167/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
101 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% |
| 02886Warwick | $425,000 | $2,151 | 6.1% | 2.4% | -$1,447 | n/a |
| 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% |
| 02827Coventry | $550,000 | $2,590* | 5.7% | 1.8% | -$2,143 | n/a |
| 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% |
| 02766Norton | $597,000 | $2,763 | 5.6% | 2.3% | -$2,098 | n/a |
| 02893West Warwick | $408,000 | $1,872 | 5.5% | 1.6% | -$1,655 | +0.7% |
| 02817West Greenwich | $566,000 | $2,590* | 5.5% | 2.1% | -$2,069 | n/a |
| 02910Cranston | $409,000 | $1,869 | 5.5% | 1.8% | -$1,602 | +6.0% |
| 02375Easton | $632,000 | $2,880* | 5.5% | 2.1% | -$2,279 | n/a |
| 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 |
| 02842Middletown | $763,000 | $3,393 | 5.3% | 2.2% | -$2,715 | +6.4% |
| 02740New Bedford | $430,000 | $1,909 | 5.3% | 1.9% | -$1,647 | +5.8% |
| 02889Warwick | $414,000 | $1,840* | 5.3% | 1.6% | -$1,672 | n/a |
| 02864Cumberland | $524,000 | $2,300 | 5.3% | 1.9% | -$1,980 | +3.1% |
| 02703Attleboro | $541,000 | $2,362 | 5.2% | 1.9% | -$2,051 | +6.5% |
| 02809Bristol | $618,000 | $2,640 | 5.1% | 1.9% | -$2,347 | +5.1% |
| 02885Warren | $552,000 | $2,341 | 5.1% | 1.5% | -$2,264 | n/a |
| 02916East Providence | $499,000 | $2,113 | 5.1% | 1.6% | -$2,032 | n/a |
| 02718Taunton | $578,000 | $2,440* | 5.1% | 2.0% | -$2,150 | n/a |
| 02724Fall River | $437,000 | $1,837 | 5.1% | 1.8% | -$1,681 | n/a |
| 02871Portsmouth | $697,000 | $2,934 | 5.1% | 1.9% | -$2,631 | n/a |
| 02863Central Falls | $382,000 | $1,606 | 5.0% | 1.6% | -$1,552 | +3.3% |
| 02720Fall River | $456,000 | $1,904 | 5.0% | 1.8% | -$1,789 | +1.4% |
| 02895Woonsocket | $387,000 | $1,616 | 5.0% | 1.4% | -$1,646 | +3.0% |
| 02745New Bedford | $455,000 | $1,887 | 5.0% | 1.6% | -$1,864 | n/a |
| 02911North Providence | $426,000 | $1,766 | 5.0% | 1.3% | -$1,837 | +3.3% |
| 02816Coventry | $461,000 | $1,909 | 5.0% | 1.3% | -$1,979 | n/a |
| 02888Warwick | $414,000 | $1,700* | 4.9% | 1.3% | -$1,781 | n/a |
| 02771Seekonk | $583,000 | $2,370* | 4.9% | 1.8% | -$2,267 | n/a |
| 02721Fall River | $448,000 | $1,815 | 4.9% | 1.8% | -$1,757 | +8.7% |
| 02746New Bedford | $433,000 | $1,752 | 4.9% | 1.5% | -$1,794 | n/a |
| 02921Cranston | $648,000 | $2,618 | 4.9% | 1.3% | -$2,772 | n/a |
| 02719Fairhaven | $511,000 | $2,062 | 4.8% | 1.9% | -$1,930 | 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 |
| 02780Taunton | $521,000 | $2,075 | 4.8% | 1.7% | -$2,091 | +5.9% |
| 02898Richmond | $500,000 | $1,960* | 4.7% | 1.1% | -$2,221 | n/a |
| 02717Freetown | $611,000 | $2,350* | 4.6% | 1.6% | -$2,489 | n/a |
| 02804Hopkinton | $465,000 | $1,790* | 4.6% | 1.2% | -$2,055 | n/a |
| 02048Mansfield | $715,000 | $2,727 | 4.6% | 1.5% | -$2,991 | +4.5% |
| 02892Richmond | $602,000 | $2,270* | 4.5% | 1.2% | -$2,642 | n/a |
| 02767Raynham | $645,000 | $2,410* | 4.5% | 1.2% | -$2,811 | n/a |
| 02812Richmond | $533,000 | $1,980* | 4.5% | 1.1% | -$2,393 | n/a |
| 02356Easton | $759,000 | $2,803 | 4.4% | 1.4% | -$3,197 | n/a |
| 02852North Kingstown | $641,000 | $2,358 | 4.4% | 1.2% | -$2,809 | 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 |
| 02760North Attleboro | $607,000 | $2,218 | 4.4% | 1.3% | -$2,626 | +3.8% |
| 02894Richmond | $499,000 | $1,820* | 4.4% | 0.9% | -$2,332 | n/a |
| 02777Swansea | $522,000 | $1,870* | 4.3% | 1.2% | -$2,304 | n/a |
| 02873Hopkinton | $513,000 | $1,840* | 4.3% | 0.4% | -$2,587 | n/a |
| 02702Freetown | $594,000 | $2,120* | 4.3% | 1.4% | -$2,530 | n/a |
| 02818East Greenwich | $730,000 | $2,600 | 4.3% | 0.8% | -$3,448 | +5.5% |
| 02878Tiverton | $557,000 | $1,980* | 4.3% | 1.1% | -$2,511 | n/a |
| 02747Dartmouth | $588,000 | $2,090* | 4.3% | 1.4% | -$2,472 | n/a |
| 02813Charlestown | $706,000 | $2,500 | 4.3% | 1.7% | -$2,823 | n/a |
| 02725Somerset | $484,000 | $1,710* | 4.2% | 1.1% | -$2,178 | n/a |
| 02726Somerset | $518,000 | $1,830* | 4.2% | 1.0% | -$2,357 | n/a |
| 02857Scituate | $546,000 | $1,930* | 4.2% | 1.0% | -$2,492 | n/a |
| 02748Dartmouth | $687,000 | $2,424 | 4.2% | 1.5% | -$2,856 | n/a |
| 02822Exeter | $623,000 | $2,190* | 4.2% | 1.1% | -$2,802 | n/a |
| 02879South Kingstown | $739,000 | $2,593 | 4.2% | 1.3% | -$3,161 | +8.9% |
| 02917Smithfield | $526,000 | $1,825 | 4.2% | 1.0% | -$2,403 | n/a |
| 02723Fall River | $439,000 | $1,510* | 4.1% | 1.0% | -$2,003 | n/a |
| 02833Hopkinton | $503,000 | $1,730* | 4.1% | 0.4% | -$2,547 | n/a |
| 02828Smithfield | $529,000 | $1,810* | 4.1% | 0.8% | -$2,492 | n/a |
| 02779Berkley | $635,000 | $2,110* | 4.0% | 0.9% | -$2,942 | n/a |
| 02808Bradford | $445,000 | $1,480* | 4.0% | 1.0% | -$2,018 | n/a |
| 02744New Bedford | $452,000 | $1,498 | 4.0% | 0.7% | -$2,170 | n/a |
| 02891Westerly | $637,000 | $2,097 | 4.0% | 1.2% | -$2,817 | +4.0% |
| 02832Hopkinton | $503,000 | $1,650* | 3.9% | 0.4% | -$2,551 | n/a |
| 02859Burrillville | $476,000 | $1,540* | 3.9% | 0.5% | -$2,348 | n/a |
| 02715Dighton | $580,000 | $1,870* | 3.9% | 0.7% | -$2,804 | 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 |
| 02840Newport | $969,000 | $3,073 | 3.8% | 1.3% | -$4,154 | +8.8% |
| 02865Lincoln | $571,000 | $1,800* | 3.8% | 0.8% | -$2,719 | n/a |
| 02882Narragansett | $884,000 | $2,769 | 3.8% | 1.3% | -$3,788 | 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 |
| 02743Acushnet | $534,000 | $1,520* | 3.4% | 0.4% | -$2,685 | n/a |
| 02806Barrington | $819,000 | $2,290* | 3.4% | 0.1% | -$4,354 | n/a |
| 02763North Attleboro | $665,000 | $1,820* | 3.3% | 0.4% | -$3,369 | n/a |
| 02881South Kingstown | $693,000 | $1,850* | 3.2% | 0.5% | -$3,432 | n/a |
| 02837Little Compton | $983,000 | $2,590* | 3.2% | 1.0% | -$4,478 | n/a |
| 02790Westport | $675,000 | $1,750* | 3.1% | 0.6% | -$3,299 | n/a |
| 02769Rehoboth | $673,000 | $1,630* | 2.9% | 0.2% | -$3,533 | n/a |
| 02874North Kingstown | $888,000 | $1,880* | 2.5% | -0.2% | -$4,903 | n/a |
| 02835Jamestown | $1,206,000 | $2,530* | 2.5% | 0.4% | -$6,132 | n/a |
| 02807New Shoreham | $1,840,000 | $1,880* | 1.2% | -0.4% | -$10,557 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +3.6%
- Rent, 12 months
- +4.2%
- Rent minus price growth
- +0.6 pts
- Property tax
- 1.18%
- effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $397,759 | $1,576 |
| Aug 2022 | $442,825 | $1,772 |
| Aug 2023 | $457,982 | $1,888 |
| Aug 2024 | $492,332 | $1,993 |
| Aug 2025 | $507,030 | $2,079 |
| Aug 2026 | $525,363 | $2,167 |
Counties
- Bristol County, MA4.9% median yield
- Providence County, RI5.5% median yield
- Kent County, RI5.2% median yield
- Newport County, RI5.1% median yield
- Washington County, RI4.2% median yield
- Bristol County, RI5.1% median yield
Tools
Test a listing in the Providence, RI area against today's rate.
Open the calculatorQuestions
- Is the Providence, RI metro good for rental property?
- The typical home here runs -$2,132 a month at 7.78% with 25% down. 0 of 51 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 5.1%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Providence, RI metro have the highest rental yield?
- 02903 (Providence) at 6.5%, 02909 (Providence) at 6.3%, 02908 (Providence) at 6.2%, on Zillow value and rent. The full table above sorts by any column.
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.
- 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.
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.