Kent County, Rhode Island Housing Data

Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$275,070
$1,264

Housing Market Overview

Metric Kent County Rhode Island Avg US Average
Median Home Price $275,070 $317,211 $242,182
Price Trend (Annual %) 6.9% 6.4% 8.2%
Median Gross Rent $1,264 $1,273 $1,342
Rent Trend (Annual %) 3.6% 4.5% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Kent County
Rhode Island
United States
Year Kent County Rhode Island United States
Median Rent Over Time
Kent County
Rhode Island
United States
Year Kent County Rhode Island United States

Affordability

On average, housing unit costs 3.0 yearly household incomes in Kent County.

Metric Kent County Rhode Island Avg US Average
Median Home Price $275,070 $317,211 $242,182
Median Household Income $91,408 $86,475 $78,145
Price-to-Income Ratio 3.0 3.7 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Kent County Rhode Island Avg US Average
Homeownership Rate 68.8% 57.0% 58.2%
Rental Rate 26.6% 33.1% 31.3%
Vacancy Rate 4.7% 9.8% 10.6%
Median Tenure (years) 15.0 15.0 14.0
Median Year Moved In 2010 2010 2011

Housing Stock

Metric Kent County Rhode Island Avg US Average
Average Household Size 2.30 people 2.40 people 2.54 people
Median Structure Built Year 1964 1962 1978
Median Number of Rooms 5.0 4.9 5.0