Property Prices in Providence, RI, United States
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| Index |  |
|---|---|
| Price to Income Ratio: | 4.49 |
| Mortgage as Percentage of Income: | 40.51% |
| Loan Affordability Index: | 2.47 |
| Price to Rent Ratio - City Centre: | 8.28 |
| Price to Rent Ratio - Outside of Centre: | 10.62 |
| Gross Rental Yield (City Centre): | 12.08% |
| Gross Rental Yield (Outside of Centre): | 9.41% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 2,103.33 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,691.67 $ | |
| Apartment (3 bedrooms) in City Centre | 2,714.00 $ | |
| Apartment (3 bedrooms) Outside of Centre | 2,000.00 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 308.02 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 308.02 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 3,693.88 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.61 |
These data are based on 77 entries from 24 contributors over the past 18 months.
Last update: April 2025
Sources and References
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