Providence-Warwick, RI-MA
N/A transactions last 30d
6.06%
gross yield
$3,195
Median rent
$621,714
Avg home value
N/A
30d transactions
Market data updated Jul 1, 2026
Rhode Island Average Rent & Rental Yield
Screen Rhode Island rental return signals with average asking rent (median), gross rental yield, home value, and transaction activity. Use this page as a market-level starting point before underwriting individual properties, operators, or borrower prospects.
6.20%
Gross Rental Yield
$3,000
Median Rent
$592,595
Avg Home Value
N/A
Transactions (30d)
Average rent in Rhode Island
The median asking rent in Rhode Island is $3,000 as of July 2026, based on active rental listings statewide. We report the median — the midpoint of asking rents — because it tracks the typical listing more reliably than a simple average, which luxury and outlier listings can skew.
Against an average home value of $592,595, that rent level prices Rhode Island at a 6.20% gross rental yield. Rent and yield vary widely by metro — use the metro breakdown below to compare individual Rhode Island markets.
Rental yield snapshot for Rhode Island
Gross rental yield is a first-pass market screen. It does not include taxes, insurance, repairs, vacancies, financing, or property-level operating differences. Pair it with observed transaction activity before choosing where to prospect.
N/A
Median Sale Price
N/A
Active Listings
N/A
Avg Days on Market
N/A
Months of Supply
N/A
Price Reduced
Jul 1, 2026
Market Data Date
Metro market heatmap
Featured metros combine the largest Rhode Island markets by transaction activity with the highest gross-yield markets, so both demand centers and return outliers stay visible in one screen.
Rhode Island metro market heatmap
Each metro tile shows rent, value, transaction context, and a direct path into the Rental Insights workflow.
Under 5.5%5.5% to <6.5%6.5% to <7.5%7.5%+
Metro
Gross Yield
Median Rent
Avg Home Value
30d Transactions
Providence-Warwick, RI-MA
RI
6.06%
$3,195
$621,714
N/A
All Rhode Island rental markets
Average rent and rental yield reports for every covered Rhode Island metro (1 market).
- Providence-Warwick, RI-MA6.06% yield
Turn Rhode Island rental signals into a target list
Use yield context to prioritize a market, then move into rental listings, active investors, borrower prospects, or a custom data pull for your team.