Property Prices in Providence, RI, United States

Index Info
Price to Income Ratio: 4.49
Mortgage as Percentage of Income: 40.95%
Loan Affordability Index: 2.44
Price to Rent Ratio - City Centre: 8.46
Price to Rent Ratio - Outside of Centre: 11.10
Gross Rental Yield (City Centre): 11.81%
Gross Rental Yield (Outside of Centre): 9.01%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,053.33 $ 1,800.00-2,600.00
Apartment (1 bedroom) Outside of Centre 1,580.00 $ 1,300.00-2,600.00
Apartment (3 bedrooms) in City Centre 2,664.00 $ 2,500.00-5,000.00
Apartment (3 bedrooms) Outside of Centre 2,000.00 $ 1,400.00-2,600.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 308.02 $ 298.03-318.00
Price per Square Feet to Buy Apartment Outside of Centre 308.02 $ 298.03-318.00
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 3,693.88 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.75 6.19-6.80

These data are based on 74 entries in the past 18 months from 24 different contributors.
Last update: January 2025

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far