Real Estate Investing in Providence County, Rhode Island
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
34 ZIP codes •
Population: 649,251
Should you buy in Providence County, RI?
Our answer, based on the numbers below.
π For Homebuyers
MIXED
Grade C (58/100)
Mixed β home prices are stretched relative to local incomes. Run the math on your specific situation.
πFor 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.
β οΈRisks to Know
1 flag
Elevated vacancy:
8.2% vacancy may signal weakening demand.
What’s happening in Providence County, RI?
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Sources
Investability
County-wide average
Appreciation
6.5% 5yr CAGR
Landlord Climate
Regulatory friendliness
Avg Investabilityβ β β β β
Avg Home Value$487,393
Avg Monthly Rent$1,905
ZIP Codes34
Market Trends β Providence County
County Home Value History
County Rent History
Investing in Providence County Real Estate
Across Providence County's 34 ZIPs, the picture is thin β soft rents, slow appreciation, and demographic headwinds that don't obviously reverse in the medium term.
The investment case for Providence County is difficult to make on screen data alone. a stretch for a 3.0 rating and cap rates that appear attractive only until real vacancy is underwritten.
Providence County's population trends and income levels suggest a region where affordability is strained, constraining 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.
Ferland Corporation provides professional management services for over 2,600 apartment units in the Rhode Island area, offering quality apartments and amenities. summary from their website
Zanno Property Management offers residential and multi-family property management services in Providence, including marketing, resident screening, rent collection, maintenance, accounting, and evictio summary from their website
Avellino Construction & Property Management offers property management, general contracting, investments & lending, and rentals in Providence, RI. summary from their website
Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.
Frequently Asked Questions About Providence County
Is, RI a smart market for rental property?
Investors tracking, RI will find a 3.0/5 rating supported by $487K median home values and $1,905/mo rents. That profile suits long-term holders targeting measured returns.
Which investment style suits, RI?
For, RI, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
How expensive is real estate in, RI?
Typical homes in, RI go for around $487K. The 5-year CAGR of 0.0% predictable price movement.
Is, RI a friendly market for rental owners?
Landlord-friendliness in, RI is tenant-protective. Eviction timelines and lease enforcement are considered reasonable by most property managers.
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