City Report · RI

Cranston

Pop. 83,250·16th most expensive in Rhode Island·Rental market data updated monthly for Cranston, RI
Median rent (all units)
$2,092/mo
Year-over-Year
+2.6%
Month-over-Month
+0.6%
vs US Median
+$160
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Cranston · $2,092
More expensive than 65% of US cities · National median $1,932/mo
Rent Reality Score
65/100
Good value
OverheatedFairGreat value

Rents are 7% below what Cranston's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,092/mo
Expected by trend
$2,256/mo
The Rent Reality Score compares today's median rent to where Cranston's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,315
1 BR
$1,410
2 BR
$1,725
3 BR
$2,075
4 BR+
$2,525
Fair Market Rent (HUD)
$1,725/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,092 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in Cranston usually run 1.9% below trend in January and 1.5% above it in September, about $71 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in Cranston is at its highest level since Zillow's records here began in May 2021.

Past year vs. the rest of Rhode Island

Rent in Cranston changed +2.6% over the year to September 2026. Across the 19 Rhode Island cities Zillow tracks, the typical change was +4.9%.

Recent direction

Rent has risen 2 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($90,206) is $2,255 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,075); a 4-bedroom is $2,525.

Cheaper nearby

North Providence, 6 miles away, rents for 13% less ($1,826/mo), about $3,200 a year in savings.

From Zillow's monthly rent index (ZORI) for Cranston. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$25,104/yr
At $2,092/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.6% YoY, +0.6% MoM), not inventory.
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Demographics

Who lives here

Cranston, RI is majority owner-occupied, has a median income above the national average, 36.4% of residents hold a bachelor's degree or higher.

Population
83,250
Median income
$90,206
Median age
39.6
Renters
32.4%
Age distribution
19.6%
23.5%
24.8%
15.3%
16.8%
Under 1819.6%
18–3423.5%
35–5424.8%
55–6415.3%
65+16.8%
Gender
50.2%
49.8%
Male50.2%
Female49.8%
Race & ethnicity
68.3%
18.8%
White68.3%
Black6.6%
Hispanic18.8%
Asian7%
Education (25+)
24.8%
28.6%
36.4%
No HS diploma10.2%
HS diploma24.8%
Some college28.6%
Bachelor's+36.4%
Housing tenure
67.6%
32.4%
Owner67.6%
Renter32.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2022 vs 2026

How Cranston, RI has changed in 5 years

Rent
$1,593 → $2,092
up 31.3%
Income
$77,145 → $90,206
up 16.9%
Population
82,654 → 83,250
up 0.7%
Renter share
32.8% → 32.4%
-0.4 pts
Bachelor's+
33.9% → 36.4%
+2.5 pts

Across the past five years, the going rent in Cranston, RI has shifted from $1,593 to $2,092, up 31.3% since 2022. Census figures show median household income at $90,206 today, compared with $77,145 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Bachelor's-degree-or-higher attainment moved from 33.9% to 36.4% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

Community

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View Cranston rent history (2015–2026) →
Salary vs rent

Can you afford rent in Cranston on your salary?

At $2,092/mo, how Cranston rent compares to typical pay (30% rule).

By apartment size

Cranston rent by bedroom count

Median rent for each apartment size in Cranston. Click any size for full breakdown.

Local insights

Tips for renters in Cranston

About renting in Cranston, RI

Last updated: October 17, 2026

The median rent in Cranston is $2,092/mo as of October 2026. A studio apartment averages $1,315/mo while a 2-bedroom runs $1,725/mo. One-bedroom apartments average $1,410/mo and 3-bedroom units go for $2,075/mo.

At 28% of local median household income ($90,206/yr), Cranston ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Cranston?

To keep rent at or below 30% of gross income, you would need to earn at least $84,000/year (about $40/hour full-time) to afford the median rent of $2,092/mo in Cranston. The local median household income is $90,206/yr, so the typical household meets that bar.

Is rent going up or down in Cranston?

Rent in Cranston has risen 2.6% over the past year as of September 2026. That is the highest level since Zillow's records here began in May 2021.

When is the cheapest time to rent in Cranston?

Asking rents in Cranston are usually lowest in January, about 1.9% below their yearly trend, and highest in September, about 1.5% above it. At today's median that is a gap of roughly $71 a month. This pattern comes from 5 years of Zillow rent data.

Which Cranston neighborhoods have the lowest rent?

The most affordable ZIP codes in Cranston are 02910 ($1,850/mo), and 02920 ($2,129/mo). Citywide, the median rent is $2,092/mo.

How does Cranston rent compare to other cities in Rhode Island?

Cranston is one of the more affordable among Rhode Island cities for rent, ranking #16 of 24 tracked cities at $2,092/mo. Over the year to September 2026, rent in Cranston changed +2.6%, against a typical +4.9% across the 19 Rhode Island cities Zillow tracks.

Which nearby cities are cheaper to rent in than Cranston?

Nearby cities with lower median rent than Cranston ($2,092/mo) include North Providence ($1,826/mo), and East Providence ($1,998/mo).
Income Affordability
28%
AFFORDABLE

At $2,092/mo, rent takes ~28% of Cranston's median household income ($90,206/yr). The standard benchmark is 30%.

Cranston 28%Benchmark 30%
State income tax3.75–5.99%
Run the Cranston affordability calculator →
Lowest-rent ZIP codes in Cranston
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Cranston, RI

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