Most Affordable Cities in Rhode Island
Cities ranked by home-value-to-income ratio. Lower ratio = more affordable. Only cities with 500+ population included.
| # | City | Ratio | Home Value | Median Income | Population |
|---|---|---|---|---|---|
| 1 | Cumberland Hill CDP | 2.8x | $362,700 | $131,006 | 8,638 |
| 2 | Carolina CDP | 3.0x | $366,000 | $123,063 | 1,238 |
| 3 | Chepachet CDP | 3.0x | $285,600 | $95,423 | 1,819 |
| 4 | Ashaway CDP | 3.0x | $305,600 | $101,165 | 1,682 |
| 5 | Pascoag CDP | 3.3x | $335,400 | $101,359 | 4,081 |
| 6 | Harmony CDP | 3.5x | $380,700 | $108,971 | 1,094 |
| 7 | Greene CDP | 3.5x | $358,200 | $102,000 | 1,009 |
| 8 | Bradford CDP | 3.6x | $387,100 | $108,295 | 1,437 |
| 9 | Warwick city | 3.7x | $322,000 | $87,536 | 82,871 |
| 10 | Valley Falls CDP | 3.7x | $347,900 | $93,653 | 12,370 |
| 11 | Tiverton CDP | 3.9x | $357,700 | $91,493 | 8,151 |
| 12 | Cranston city | 4.0x | $348,800 | $87,716 | 82,632 |
| 13 | East Providence city | 4.0x | $322,100 | $79,660 | 46,970 |
| 14 | Greenville CDP | 4.1x | $390,900 | $94,567 | 8,586 |
| 15 | Wakefield-Peace Dale CDP | 4.2x | $464,400 | $111,200 | 9,812 |
| 16 | Pawtucket city | 4.2x | $286,200 | $67,436 | 75,280 |
| 17 | Hope Valley CDP | 4.3x | $424,100 | $98,481 | 2,147 |
| 18 | Woonsocket city | 4.6x | $268,000 | $58,614 | 43,074 |
| 19 | Charlestown CDP | 4.8x | $545,800 | $113,281 | 1,648 |
| 20 | Providence city | 4.8x | $322,800 | $66,772 | 190,214 |
| 21 | Westerly CDP | 4.9x | $400,200 | $82,333 | 18,528 |
| 22 | Harrisville CDP | 5.3x | $348,700 | $66,016 | 1,816 |
| 23 | Newport East CDP | 5.6x | $479,200 | $86,310 | 11,262 |
| 24 | Kingston CDP | 6.0x | $493,500 | $82,143 | 6,953 |
| 25 | Central Falls city | 6.5x | $300,500 | $45,921 | 22,481 |
| 26 | Newport city | 8.0x | $669,500 | $83,562 | 25,029 |
| 27 | Quonochontaug CDP | 8.3x | $880,000 | $106,058 | 577 |
| 28 | Narragansett Pier CDP | 9.7x | $771,800 | $79,683 | 3,080 |