The median home value in Rhode Island is $411,800 — 17% above the US median of $351,822 (Census ACS 2023). Rhode Island ranks #15 of 51 for home prices.
What is the average rent in Rhode Island?
The median gross rent in Rhode Island is $1,365 per month — 5% above the US median of $1,300.
Is Rhode Island expensive to live in?
For housing, Rhode Island ranks #15 of 51 by home price and #21 by rent (1 = most expensive). Use our cost-of-living tools to compare total living costs.