Kent County, Rhode Island Housing Market Prices
Kent County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
-
Median home price 9% below the Rhode Island median$327,059
-
Median rent 1% below the Rhode Island median$1,326
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Kent County | Rhode Island Avg | US Average |
|---|---|---|---|
| Median Home Price | $327,059 | $360,248 | $248,835 |
| Price Trend (Annual %) | 8.4% | 7.4% | 7.5% |
| Median Gross Rent | $1,326 | $1,341 | $1,407 |
| Rent Trend (Annual %) | 3.8% | 4.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Kent County is about 9% lower than in Rhode Island. Rent is about 1% lower than the Rhode Island average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Kent County, up about 8.4% and 3.8% a year respectively. Home prices are changing faster.
Median rent in Kent County rose about 36.1% between 2015 and 2024, from $975 to $1,326. Over the same span, rent in Rhode Island rose about 45.0%.
Affordability
On average, housing unit costs 3.5 yearly household incomes in Kent County.
Buying the median-priced home in Kent County costs roughly 20.6 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Kent County. The price-to-rent ratio in Rhode Island is about 22.4.
| Metric | Kent County | Rhode Island Avg | US Average |
|---|---|---|---|
| Median Home Price | $327,059 | $360,248 | $248,835 |
| Median Household Income | $94,069 | $88,093 | $80,455 |
| Price-to-Income Ratio | 3.5 | 4.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Kent County rose about 102.9%, while median household income rose about 45.5% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Kent County | Rhode Island Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 69.5% | 57.8% | 58.5% |
| Rental Rate | 25.6% | 33.0% | 31.2% |
| Vacancy Rate | 4.8% | 9.1% | 10.2% |
| Median Tenure (years) | 16.0 | 16.0 | 15.0 |
| Median Year Moved In | 2010 | 2010 | 2011 |
Kent County has a homeownership rate of 69.5%, higher than the Rhode Island average of 57.8%. Its housing vacancy rate is 4.8%, compared with 9.1% in Rhode Island.
Housing Stock
| Metric | Kent County | Rhode Island Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.32 people | 2.38 people | 2.53 people |
| Median Structure Built Year | 1965 | 1962 | 1978 |
| Median Number of Rooms | 5.5 | 5.4 | 5.5 |
The typical housing unit in Kent County was built around 1965. On average, 2.3 people live in a home with about 5.5 rooms, staying for about 16.0 years on average.
Kent County, RI Housing Compared With Nearby Counties
Kent County, RI is the 2nd largest of the 5 counties compared here, 171,061 residents against a local median of 107,498. Nothing separates Kent County, RI sharply from the counties around it. Each measure below lands within 15% of the local median, close enough that the differences are within what survey sampling alone would produce.
The largest of those small differences is median home price, 14% below the local median at $327,059 against $379,081. Kent County, RI has the 3rd highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Kent County, RI | 171,061 | $327,059 #3/5 | $1,326 #3/5 | 73.1% #3/5 |
| Providence County, RI | 663,899 | $301,192 | $1,311 | 57.0% |
| Washington County, RI | 130,338 | $480,679 | $1,327 | 77.5% |
| Newport County, RI | 84,657 | $456,969 | $1,713 | 67.9% |
| Northeastern Connecticut Planning Region, CT | 78,384 | $198,249 | $1,142 | 78.9% |
Frequently Asked Questions
Common questions about the housing market in Kent County, Rhode Island.
What is the median home price in Kent County, Rhode Island?
The median home price in Kent County, Rhode Island is $327,059, lower than the Rhode Island average of $360,248.
What is the average home price in Kent County, Rhode Island?
The typical home price in Kent County, Rhode Island, reported as the median sale price, is $327,059. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Kent County, Rhode Island?
The median gross rent in Kent County, Rhode Island is $1,326 per month, lower than the Rhode Island average of $1,341.
What was the median gross rent in Kent County in 2020?
In 2020, the median gross rent in Kent County, Rhode Island was $1,109 per month.
What is the price-to-rent ratio in Kent County, Rhode Island?
The price-to-rent ratio in Kent County, Rhode Island is about 20.6, meaning it would take roughly 20.6 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Kent County.
Are home prices or rent rising faster in Kent County, Rhode Island?
Both home prices and rent are rising in Kent County, up about 8.4% and 3.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Kent County, Rhode Island?
69.5% of households in Kent County, Rhode Island own their home, higher than the Rhode Island average of 57.8%.
What is the vacancy rate in Kent County, Rhode Island?
The housing vacancy rate in Kent County, Rhode Island is 4.8%, lower than the Rhode Island average of 9.1%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →