Average Rent in Rhode Island

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Current Versus Historical Rhode Island Rents

Rhode Island rentals average $1,150 for a studio rental to $2,625 for a 4-bedroom rental. The median price of all currently available listings is $1,650, or roughly $25 per square feet.

For the apartment units and housing in November 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $0 (0.00%) year-over-year from $1,100 to $1,100. 1-bedroom rentals prices have decreased by $42 (-2.84%) year-over-year from $1,467 to $1,425. 2-bedroom rentals prices have increased by $683 (36.61%) year-over-year from $1,867 to $2,550. 3-bedroom rentals prices have increased by $250 (10.64%) year-over-year from $2,350 to $2,600. 4-bedroom rentals prices have decreased by $850 (-26.15%) year-over-year from $3,250 to $2,400. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone down by 2.29% this month. 2-bedroom rents have gone up by 31.05% this month. 3-bedroom rents have gone up by 24.55% this month. 4-bedroom rents have gone down by 9.43% this month.

Beds	Price / Sqft	Nov 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	N/A	$1,100	$1,100 (0.00%)	$1,304 (-15.65%)
1 BR	$26.00	$1,425	$1,467 (-2.84%)	$1,393 (2.32%)
2 BR	$26.70	$2,550	$1,867 (36.61%)	$2,017 (26.45%)
3 BR	$20.34	$2,600	$2,350 (10.64%)	$2,517 (3.31%)
4+ BR	$21.50	$2,400	$3,250 (-26.15%)	$3,842 (-37.53%)

Historical Rents in Rhode Island

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Rhode Island

There are a total of 37 cities nearby Rhode Island. The average rent in Rhode Island is currently $2,500 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that New London, CT, with an average rent of $1,550, is the most affordable city nearby. In contrast, the most expensive city near Rhode Island is Westhampton Beach, NY. Monthly rents here are on average $40,000 per month.

Let's compare Rhode Island's rent against other top cities nearby by bedroom size. Typically, rent for studios in Rhode Island is 43.48% more affordable than other cities nearby. One bedrooms are about 37.93% more affordable. Two bedrooms in Rhode Island are about 48.48% more affordable. Finally, rent for three bedrooms are about 54.64% more affordable. Want more information? Check out the top 10 cities out of 37 total cities near Rhode Island in the following table.

City	Studio	1 Bed	2 Bed	All
New London, CT	$1,195	$1,495	$2,000	$1,550
Fall River, MA	$1,000	$1,400	$1,700	$1,800
New Bedford, MA	$450	$1,525	$1,850	$1,863
Taunton, MA	N/A	$1,600	$1,895	$2,013
Attleboro, MA	$1,500	$1,573	$2,050	$2,048
Worcester, MA	$1,725	$1,663	$1,950	$2,100
Framingham, MA	$1,600	$1,800	$2,300	$2,225
Brockton, MA	$1,300	$1,800	$2,300	$2,500
Quincy, MA	$1,725	$2,100	$2,550	$2,500
Weymouth Town, MA	$2,048	$2,150	$2,650	$2,600

Top Neighborhoods Near Rhode Island

There are a total of 23 neighborhoods in or near Rhode Island. Some of these neighborhoods include Broadway, Maplewood, and Quincy Point. We've included all of these top 23 neighborhoods in or near Rhode Island in the following table.

The average rent for these 23 neighborhoods in or near Rhode Island is currently around $3,000 per month. Interestingly, the neighborhoods' average rent is higher than Rhode Island's average rent, which is only $1,650. Out of all the neighborhoods in or near Rhode Island, Broadway has the most affordable average rent at $1,750 per month. Whereas, at $5,100 average rent per month, Downtown Boston is the most expensive neighborhood in or near Rhode Island. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Broadway, Chelsea, MA	$1,595	$2,300	$2,600	$1,750
Maplewood, Malden, MA	$1,700	$1,875	$2,325	$2,400
Quincy Point, Quincy, MA	N/A	$2,200	$2,600	$2,500
South Quincy, Quincy, MA	$1,700	$2,200	$2,525	$2,500
Glendale, Everett, MA	$1,600	$2,000	$2,450	$2,600
Commonwealth, Boston, MA	$1,750	$2,375	$2,700	$2,650
Jeffries Point - Airport, Boston, MA	$1,975	$2,450	$2,800	$2,800
East Watertown, Watertown Town, MA	N/A	$2,100	$2,800	$2,800
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA	$2,275	$2,895	$3,214	$2,950
Beacon Hill, Boston, MA	$2,400	$2,950	$3,900	$2,950
Oak Square, Boston, MA	N/A	$2,200	$2,600	$2,950
South Medford, Medford, MA	$1,950	$2,563	$2,600	$3,000
St. Elizabeth's, Boston, MA	$1,850	$2,350	$2,800	$3,175
North End, Boston, MA	$2,750	$2,600	$3,655	$3,380
Columbia Point, Boston, MA	$1,950	$2,200	$3,125	$3,400
West End, Boston, MA	$2,815	$3,455	$4,535	$3,546
East Cambridge, Cambridge, MA	$3,018	$3,333	$3,985	$3,550
Coolidge Corner, Brookline, MA	$2,320	$2,900	$3,663	$3,700
Mission Hill, Boston, MA	$2,350	$2,300	$3,098	$3,800
South End, Boston, MA	$1,575	$3,485	$4,378	$3,850
Back Bay, Boston, MA	$2,500	$3,350	$5,850	$3,925
D Street - West Broadway, Boston, MA	$3,288	$3,470	$4,790	$4,450
Downtown Boston, Boston, MA	$3,000	$3,800	$5,130	$5,100

Top Counties Near Rhode Island

There are a total of 40 counties located by Rhode Island. Some of these counties include New London, CT, Fall River, MA, and New Bedford, MA. The average rent for rentals in these counties is $2,500. That's roughly around $30 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is New London, CT. Its average rent per month is $1,550. Vice versa, with an average rent of $25,000, Southampton, NY is the most expensive county by Rhode Island.

Typically, rent for studios in Rhode Island is 47.61% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Rhode Island is 37.93% more affordable than other counties nearby. Finally, rent for two bedrooms in Rhode Island is 50.00% more affordable than other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
New London, CT	$1,195	$1,495	$2,000	$1,550
Fall River, MA	$1,000	$1,400	$1,700	$1,800
New Bedford, MA	$450	$1,525	$1,850	$1,863
Taunton, MA	N/A	$1,600	$1,895	$2,013
Attleboro, MA	$1,500	$1,573	$2,050	$2,048
Framingham, MA	$1,600	$1,800	$2,300	$2,225
Groton, CT	$9,000	$1,700	$2,300	$2,475
Brockton, MA	$1,300	$1,800	$2,300	$2,500
Plymouth, MA	N/A	$2,150	$2,600	$2,600
Natick, MA	$2,650	$1,964	$2,800	$2,700

Top Zipcodes Near Rhode Island

There are a total of 31 zipcodes in or near Rhode Island. The average rent for all of these zipcodes is $2,900. One zipcode has an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 06457, Middletown, CT at $1,650 per month. In comparison, the zipcode with the most expensive average rent of $4,200 per month is 02120, Boston, MA.

Studios in these zipcodes have an average rent of $1,700. That's at least $49 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Rhode Island is $2,275 per month. Or in other words, $40 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,750 per month. Which comes out to $33 per sqft. The following table includes the top 10 zipcodes in Rhode Island. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
02135, Boston, MA	$1,825	$2,300	$2,800	$2,950
02127, Boston, MA	$2,450	$3,200	$3,950	$3,900
02128, Boston, MA	$1,875	$2,275	$2,800	$2,825
02215, Boston, MA	$2,000	$2,900	$3,314	$2,900
02125, Boston, MA	$1,475	$2,350	$2,900	$3,380
02116, Boston, MA	$2,500	$3,600	$5,750	$4,000
02114, Boston, MA	$2,621	$3,130	$4,438	$3,455
02118, Boston, MA	$450	$3,350	$4,193	$3,875
02155, Medford, MA	$1,950	$2,238	$2,750	$3,000
02115, Boston, MA	$3,050	$2,950	$4,075	$3,450

Frequently Asked Questions - Rhode Island Average Rents

What is the average rent price in Rhode Island?

The average monthly rental price for Rhode Island apartments for rent is approximately $1,650. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Rhode Island rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Rhode Island.

How much is a studio apartment in Rhode Island?

The average monthly rental price for studio apartments is $1,150. There are a total of 2 studio apartment listings currently available for rent in Rhode Island.

How much is a one bedroom apartment in Rhode Island?

The average monthly rental price for one bedroom apartments is $1,450 and an average price per square feet of $26.00. There are a total of 17 one bedroom apartment listings currently available for rent in Rhode Island.

How much is a two bedroom apartment in Rhode Island?

The average monthly rental price for two bedroom apartments is $1,650 and an average price per square feet of $26.70. There are a total of 27 two bedroom apartment listings currently available for rent in Rhode Island.

How have rent prices in Rhode Island changed this year?

Rent prices for rentals in Rhode Island can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by -0.03%, two bedroom rental prices have changed by 0.37%, three bedroom rental prices have changed by 0.11% year-over-year.

What is a reasonable rent price in Rhode Island?

A reasonable rent price in Rhode Island is around $1,320/month. You can search for these reasonably priced rental listings on RentHop.