Fastest-Appreciating ZIP Codes in Providence-Warwick, RI-MA (2026)

Ranked by 5-year compound annual growth in home values. Fast growth and strong cash flow rarely appear in the same ZIP — this is the other side of that trade.

# ZIP City Home value Rent Cap rate 5-yr growth
1 02807 New Shoreham, RI $1,831,620 $1,692 0.72% 8.8%
2 02874 North Kingstown, RI $894,275 $1,692 1.48% 8.3%
3 02906 Providence, RI $822,494 $2,450 2.32% 8.3%
4 02818 East Greenwich, RI $737,654 $2,633 2.78% 7.9%
5 02806 Barrington, RI $816,542 $3,052 2.92% 7.7%
6 02882 Narragansett, RI $884,720 $2,716 2.39% 7.7%
7 02879 South Kingstown, RI $740,436 $2,570 2.71% 7.5%
8 02840 Newport, RI $966,328 $3,156 2.55% 7.5%
9 02916 East Providence, RI $506,415 $2,000 3.08% 7.5%
10 02842 Middletown, RI $766,307 $3,214 3.27% 7.4%
11 02907 Providence, RI $405,464 $1,847 3.55% 7.3%
12 02852 North Kingstown, RI $644,135 $2,433 2.95% 7.3%
13 02827 Coventry, RI $551,765 $2,331 3.30% 7.3%
14 02905 Providence, RI $428,614 $2,126 3.87% 7.3%
15 02909 Providence, RI $389,184 $1,979 3.97% 7.3%
16 02889 Warwick, RI $422,167 $2,125 3.93% 7.2%
17 02893 West Warwick, RI $411,445 $1,854 3.51% 7.2%
18 02915 East Providence, RI $450,676 $2,029 3.51% 7.2%
19 02888 Warwick, RI $422,103 $1,800 3.33% 7.1%
20 02881 South Kingstown, RI $698,344 $1,665 1.86% 7.0%
21 02744 New Bedford, MA $456,234 $1,582 2.71% 7.0%
22 02891 Westerly, RI $636,313 $2,033 2.49% 7.0%
23 02910 Cranston, RI $413,929 $1,844 3.47% 7.0%
24 02835 Jamestown, RI $1,204,448 $3,500 2.27% 6.9%
25 02921 Cranston, RI $653,111 $2,600 3.11% 6.9%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →