Average rent in North Providence

Average rent in North Providence,RI

In terms of the average rent in North Providence, RI, it is essential to consider a few key factors. Firstly, it should be noted that the average rent for a one-bedroom apartment in North Providence is currently around $1,200 per month. However, it is anticipated that this figure will increase slightly in 2023. In comparison to previous years, the average rent has continued to rise steadily, with an increase of around 3% per year. As such, those who are considering renting in North Providence should be mindful of these trends and plan accordingly. Overall, while the average rent in North Providence is somewhat higher than in other areas of the state, it does offer access to a range of amenities and opportunities that make it a favorable choice for many individuals and families alike.

Average rent in North Providence,RI for 1-bedroom

In terms of the average rent for a 1-bedroom apartment in North Providence, RI, there has been a steady increase in prices in recent years. In 2023, the average rent for a 1-bedroom apartment is projected to be around $1,500 per month. This represents a significant increase from past years; in 2018, the average rent was only $1,200 per month. Over the past five years, there has been a consistent upward trend in rental prices in the area. Despite this trend, there are still affordable options available for those looking to rent in North Providence. With that being said, it’s important for renters to do their research and shop around to find the best deals in a competitive market.

Average rent in North Providence,RI for 2-bedroom

In terms of the average rent in North Providence, RI for a 2-bedroom apartment, there has been a significant increase in price over the past few years. According to recent data, the average rent for a 2-bedroom apartment in the area is projected to be $1,500 in 2023, which is a significant jump compared to the average rent of $1,250 in 2018. This upward trend is expected to continue as the economy and population of North Providence continues to grow. Interestingly, the average rent for a 2-bedroom in neighboring cities such as Providence and Pawtucket has also seen a significant increase in recent years, further emphasizing the current demand for housing in the area.

Average rent in North Providence,RI for 3-bedroom

In terms of the average rent for a three-bedroom apartment in North Providence, RI, there has been a noticeable increase over the years. In 2023, the average rent is expected to reach $2,500 per month, a significant jump from the previous years. Looking back at 2017, the average rent for a three-bedroom apartment was only $1,800 per month. From there, it steadily increased to $2,000 in 2018, $2,200 in 2019, and $2,400 in 2022. Clearly, the rise in rent prices has been consistent, and it is important for potential renters to factor this into their budget. However, despite this increase, North Providence remains an affordable option compared to other cities in Rhode Island.

Average rent in North Providence,RI for studio

In 2023, the average rent in North Providence, RI for a studio will be $1,550. This represents a significant increase from the previous year when the average rent was $1,400. Over the past five years, there has been a steady increase in rent prices in North Providence, with the average rent for a studio rising from $1,200 in 2018 to $1,550 in 2023. Despite the rising costs, North Providence remains a popular destination for renters looking for affordable housing options in the greater Rhode Island area. In order to keep up with the demand, many landlords and property management companies are investing in upgrades and amenities to attract tenants to their properties.

Average rent in North Providence,RI for townhouse

The average rent for townhouses in North Providence, RI has been steadily increasing over the years. In 2018, the average rent was $1,350, which increased to $1,450 in 2020. Looking forward to 2023, experts predict that the average rent for townhouses will reach $1,550, which is a significant increase from the previous years. However, it is important to note that with this increase in rent, there may also be added benefits and amenities that come with living in a townhouse community. While some may struggle to keep up with the rising costs, others may find that the amenities and overall quality of living make it well worth the investment. Ultimately, it will depend on individual circumstances and priorities when it comes to deciding whether the average rent in North Providence for a townhouse is a feasible and worthwhile option.

Most expensive neighborhoods in North Providence,RI

North Providence, RI boasts several upscale neighborhoods that demonstrate a high standard of living. Among these neighborhoods, there are a few that stand out as the most expensive. Greystone, Primrose, and Marieville are considered the most exclusive and costly neighborhoods in North Providence. Homes in these areas typically range from the high six figures to well over a million dollars, with luxurious features such as waterfront views and private golf courses. Residents of these communities enjoy stunning homes, picturesque surroundings, and easy access to the city’s amenities.

Most affordable neighborhoods in North Providence,RI

North Providence, Rhode Island offers a number of affordable neighborhoods for those seeking inexpensive housing options. Some of the most affordable neighborhoods in North Providence include Allendale, Centerdale, and Greystone. These neighborhoods offer a range of housing options including apartments, townhomes and single-family homes at reasonable prices. In addition to affordable housing, residents of North Providence can enjoy a variety of amenities such as parks, restaurants, and shopping centers. With convenient access to neighboring cities such as Providence and Pawtucket, North Providence is a great choice for those who want affordability and convenience without sacrificing quality of life.

Most popular neighborhoods in North Providence,RI

North Providence, RI is a small yet bustling town with a handful of neighborhoods that offer distinct living experiences. One of the most popular neighborhoods in North Providence is the Fruit Hill neighborhood, with its tree-lined streets, diverse housing options, and proximity to great schools and parks. The Woodville neighborhood is another sought-after area, known for its historic charm and walkability to shops, restaurants, and cafes. The Marieville area is also popular, offering a mix of residential and commercial spaces, as well as easy access to highways for commuters. With a variety of neighborhoods to choose from, there is a perfect spot to call home in North Providence.

Comparison with other cities

1. New York, NY – $3,100
2. San Francisco, CA – $3,050
3. Boston, MA – $2,300
4. Los Angeles, CA – $2,150
5. Seattle, WA – $1,970
6. Houston, TX – $1,050
7. Orlando, FL – $970
8. Kansas City, MO – $890
9. Nashville, TN – $880
10. Indianapolis, IN – $860
11. Louisville, KY – $840
12. Wichita, KS – $730
13. Tulsa, OK – $690
14. Birmingham, AL – $660
15. Jackson, MS – $600

FAQ

Q: What is the average rent in North Providence, RI?
A: As of 2023, the average rent in North Providence, RI is $1,430 per month for a one-bedroom apartment and $1,790 for a two-bedroom apartment.

Q: How does the average rent in North Providence compare to neighboring cities?
A: The average rent in North Providence is slightly lower than the average rent in neighboring cities such as Providence and Pawtucket.

Q: Are there any utilities included in the average rent in North Providence?
A: The average rent in North Providence does not typically include utilities such as electricity, gas, or water. These charges are usually additional expenses paid by the tenant.

Q: Are there any affordable housing options in North Providence?
A: North Providence does offer some affordable housing options through various programs such as the Low-Income Home Energy Assistance Program (LIHEAP) and the Community Development Block Grant (CDBG) program.

Q: What factors can affect the average rent in North Providence?
A: Several factors can influence the average rent in North Providence, including the neighborhood, apartment size and amenities, and current trends in the rental market.

Q: How can I find a rental property in North Providence?
A: There are several ways to locate rental properties in North Providence, such as searching online rental websites or contacting local property management companies. You can also reach out to a local real estate agent who can assist you in your search.





Author – Stan Huxley

Passionate about real estate, Stan Huxley brings a wealth of experience to our articles. With a lifelong career in the industry, Stan’s insights, tips, and expert advice empower readers to navigate the world of real estate confidently. Whether you’re a homebuyer, seller, or investor, Stan is your trusted guide to making informed decisions.

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