Real Estate Investing in Providence, Rhode Island

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

8 ZIP codes • Population: 9,816

Should you buy in Providence County, RI? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (36/100)

Multiple negative signals. Better options likely exist nearby.

πŸ“ˆ For Investors
POOR
0.0 / 5 (0/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
2 flags
  • High vacancy: 18.1% of homes vacant β€” above national norms.
  • Flat appreciation: Values have barely moved over 5 years (0.0% CAGR).

What’s happening in Providence County, RI?

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0.0/ 5

Investability

County-wide average

0.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Landlord Climate

Regulatory friendliness

Investing in Providence County Real Estate

Providence County (RI) covers 8 ZIPs and 7 municipalities. unambiguously the fundamentals here skew distressed, and both rent and price trends have been subdued across most of the geography.

Investors considering Providence, Rhode Island should understand what the β˜†β˜†β˜†β˜†β˜† rating represents β€” a region with material challenges, not a temporary rough patch.

The 0% renter share in Providence masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

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

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Property managers serving Providence County

Manage rentals here? List your business →

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

Small multifamily
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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

Single-familySmall multifamily
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Avellino Construction & Property Management offers property management, general contracting, investments & lending, and rentals in Providence, RI. summary from their website

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Listings are shown for convenience β€” Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Landlord Friendly (RI)
β˜…β˜…β˜…β˜…β˜†

πŸŽ“ Colleges & Universities in Providence County

8 Colleges 31,960 Students 121 Off-Campus Renters
A
Brown University
4-Year Private Β· 11,516 students
B+
Rhode Island School of Design
4-Year Private Β· 2,540 students
B
Providence College
4-Year Private Β· 4,635 students
C+
Rhode Island College
4-Year Public Β· 5,767 students
πŸ“ ~121 students rent off-campus
C
Johnson & Wales University-Providence
4-Year Private Β· 4,372 students
C
Empire Beauty School-Warwick
Vocational For-Profit Β· 132 students
C
College Unbound
4-Year Private Β· 401 students
D
Johnson & Wales University-Online
4-Year Private Β· 2,597 students

Cities in Providence County

ZIP Codes in Providence County, RI

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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+.

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Frequently Asked Questions About Providence County

How much is rent in, RI?

Average rent in, RI is approximately per month. Against home values that yields a reasonable rent-to-price ratio.

Is, RI good for landlords?

, RI operates under RI law, which is tenant-protective overall for landlords. Expect measured treatment in typical lease and eviction cases.

How tight is the rental market in, RI?

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

Where does, RI sit compared to RI statewide?

within RI reads broadly in line with the state benchmark. Investors comparing markets should weight local data above the statewide aggregate.

Community Ratings

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