Welcome to our 2906 real estate data hub, tailored for investors in Providence, RI. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 2906 in Providence, RI. Discover Section 8 housing opportunities and challenges to maximize your investment potential in PROVIDENCE COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Providence, RI real estate investing. Uncover the wealth of information available, and position yourself for success in the Providence property market.
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Location Overview
- Zip Code: 2906
- City: Providence
- State: RI
- Metro Area: Providence-Warwick, RI-MA
- County Name: PROVIDENCE COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $641,403
- Average Home Price (Single Family Homes): $760,988
- Average Monthly Rental Price (All Types): $2,156
- Price-to-Rent Ratio: 25
- Zillow Projected % appreciation from 4/2023-4/2024: 0.8%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,880
- Average 3 Bedroom Section 8 Rental Rates: $2,290
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 28.43
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 23.34
- Number of Units Offered in Section 8 in the County: 18565
- Number of Occupied Units in Section 8 in the County: 18094
- Percentage of Section 8 Units Occupied in the County: 97.5%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 264.84
- Total % Appreciation since 2000 (Government Data): 167.72
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.77%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 6.78%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 34.11%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 49.49%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 91.96%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 61.93%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 99.64%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -3.59%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 8.89%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 30.28%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 43.92%