Real Estate Investing in South Kingstown, Rhode Island

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

2 ZIP codes • Population: 29,811 • Washington County

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Should you buy in South Kingstown, RI? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (46/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 18.8% of homes vacant — above national norms.

What’s happening in South Kingstown, RI?

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3.0/ 5

Investability

Citywide average

4.0/ 5

Appreciation

7.3% 5yr CAGR

4.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $719,390
Avg Monthly Rent $2,117
ZIP Codes 2

Investing in South Kingstown Real Estate

Across South Kingstown's 2 ZIPs, the picture is subdued: $719K median values, $2,117/mo rents, and a population that has faced real economic pressure.

A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. South Kingstown is in that category.

The $2,117/mo / $719K relationship in South Kingstown looks subdued once vacancy and capex are incorporated into underwriting. seems to the realized yield tends to disappoint.

South Kingstown's population trends and income levels suggest a market where affordability is strained, which constrains how aggressively rents can rise without hurting collections.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Providence-Warwick, RI-MA

South Kingstown is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in South Kingstown, RI. Anonymous, moderated, never written by AI.

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Avg Home Value
$719,390
Avg Monthly Rent
$2,117
1% Rule
✗ Below
Landlord Friendly (RI)

Neighborhoods in South Kingstown

ZIP Codes in South Kingstown, RI

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Filter South Kingstown’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About South Kingstown, RI

How does South Kingstown, RI rate as a rental market?

South Kingstown, RI scores 3.0/5 for investability. Home values sit at $719K and rents near $2,117/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

What kind of tenants rent in South Kingstown, RI?

Tenant quality in South Kingstown, RI ranks as solid. Landlords generally report stable occupancy at market rents of $2,117/mo.

Are rents high in South Kingstown, RI?

South Kingstown, RI rentals go for roughly $2,117/mo a month. That puts gross yield in solid territory relative to $719K acquisition costs.

What are vacancy rates like in South Kingstown, RI?

South Kingstown, RI sees elevated vacancy, which is reasonable relative to the broader RI rental market.

What real estate strategy is ideal for South Kingstown, RI?

For South Kingstown, RI, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

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