Most Affordable Cities in Rhode Island
Cities ranked by home-value-to-income ratio. Lower ratio = more affordable. Only cities with 1,000+ population included.
| # | City | Ratio | Home Value | Median Income | Population |
|---|---|---|---|---|---|
| 1 | Carolina | 2.8x | $396,400 | $140,196 | 1,048 |
| 2 | Harmony | 2.8x | $341,400 | $120,235 | 1,006 |
| 3 | Chepachet | 3.0x | $279,400 | $92,971 | 1,923 |
| 4 | Pascoag | 3.0x | $365,000 | $121,369 | 4,410 |
| 5 | Cumberland Hill | 3.0x | $394,300 | $130,506 | 8,648 |
| 6 | Ashaway | 3.3x | $343,600 | $103,707 | 1,722 |
| 7 | Bradford | 3.5x | $418,100 | $120,250 | 1,511 |
| 8 | Warwick | 4.0x | $354,600 | $88,708 | 83,175 |
| 9 | Valley Falls | 4.0x | $375,200 | $92,901 | 12,657 |
| 10 | Tiverton | 4.1x | $407,200 | $99,158 | 8,091 |
| 11 | Cranston | 4.2x | $378,300 | $90,206 | 83,250 |
| 12 | Hope Valley | 4.4x | $447,500 | $101,932 | 2,297 |
| 13 | Greenville | 4.5x | $434,700 | $97,234 | 8,296 |
| 14 | Wakefield-Peace Dale | 4.6x | $494,400 | $106,551 | 9,302 |
| 15 | Westerly | 4.7x | $448,800 | $95,207 | 18,411 |
| 16 | Pawtucket | 4.8x | $325,500 | $68,310 | 75,893 |
| 17 | East Providence | 4.8x | $365,500 | $75,912 | 47,281 |
| 18 | Woonsocket | 5.1x | $311,000 | $61,059 | 43,521 |
| 19 | Kingston | 5.2x | $553,400 | $107,404 | 7,332 |
| 20 | Providence | 5.3x | $362,200 | $68,119 | 191,767 |
| 21 | Charlestown | 5.4x | $583,200 | $108,563 | 1,499 |
| 22 | Newport East | 5.5x | $485,400 | $89,028 | 11,069 |
| 23 | Harrisville | 5.7x | $355,000 | $62,535 | 1,767 |
| 24 | Central Falls | 7.1x | $352,100 | $49,285 | 22,701 |
| 25 | Newport | 8.7x | $746,900 | $86,313 | 24,874 |
| 26 | Narragansett Pier | 10.4x | $851,300 | $82,192 | 3,167 |