Providence-Warwick, RI-MA Average Rent & Rental Yield
Compare average asking rent (median), gross rental yield, home value, and transaction activity before moving into listing-level underwriting or investor discovery.
Average rent in Providence-Warwick, RI-MA
The median asking rent in Providence-Warwick, RI-MA is $3,195 as of July 2026, based on active rental listings across the metro. 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 $621,714, that rent level prices Providence-Warwick, RI-MA at a 6.06% gross rental yield — compared with 6.20% across Rhode Island.
Metro vs state rental signal
The metro read is a first-pass screen. Compare it with the state baseline, then pressure-test taxes, insurance, vacancy, rehab, and financing assumptions at the property level.
Providence-Warwick, RI-MA rent and yield FAQ
Quick answers based on the latest Providence-Warwick, RI-MA rental listing and transaction data.
What is the average rent in Providence-Warwick, RI-MA?
As of July 2026, the median asking rent in Providence-Warwick, RI-MA is $3,195. SFR Analytics reports the median of active rental listings rather than a simple average so outlier luxury listings do not distort the figure.
What is a good rental yield in Providence-Warwick, RI-MA?
Providence-Warwick, RI-MA currently prices at a 6.06% gross rental yield, versus 6.20% across Rhode Island. Treat gross yield as a first-pass screen — it excludes taxes, insurance, vacancy, rehab, and financing, so underwrite at the property level before acting on it.
Move from Providence-Warwick, RI-MA market context to property-level screening
Open Rental Insights with Providence-Warwick, RI-MA selected, then pair the yield signal with investor activity and rental data workflows.