City Report · RI

Cranston

Pop. 83,250·17th most expensive in Rhode Island·Cranston rents are up 5.2% over the past year
Median rent (all units)
$2,009/mo
Year-over-Year
+5.2%
Month-over-Month
-3.6%
vs US Median
+$44
Falling (Monthly)
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Most AffordableMost Expensive
Cranston · $2,009
More expensive than 60% of US cities · National median $1,965/mo
Rent Reality Score
67/100
Good value
OverheatedFairGreat value

Rents are 8% below what Cranston's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,009/mo
Expected by trend
$2,194/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
Research median
$1,725/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$24,108/yr
At $2,009/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (up only 5.2% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+5.2% YoY, -3.6% 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
$1,585 → $2,009
up 26.8%
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 $1,585 to $2,009, up 26.8% 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 $2,009/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: July 20, 2026

The median rent in Cranston is $2,009/mo as of July 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 27% of local median household income ($90,206/yr), Cranston ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.2% over the past year.

FAQ

Frequently asked questions

Is Cranston an affordable city for renters?

Cranston is considered affordable for renters. At $2,009/mo, rent takes approximately 27% of the local median household income ($90,206/yr). The standard benchmark is 30%. Cranston falls comfortably within that range.

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 $80,000/year (~$38/hour full-time) to afford the median rent of $2,009/mo in Cranston. The local median household income is $90,206/yr, meaning the typical Cranston household meets that threshold.

Is rent going up or down in Cranston?

Rent in Cranston has increased 5.2% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Cranston neighborhoods have the lowest rent?

The most affordable ZIP codes in Cranston are 02910 ($1,840/mo), and 02920 ($2,046/mo). Citywide, the median rent in Cranston is $2,009/mo.

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

Cranston is one of the more affordable cities in Rhode Island for rent, ranking #17 out of 24 tracked cities at $2,009/mo.

Which nearby cities are cheaper to rent in than Cranston?

Several nearby cities have lower median rents than Cranston ($2,009/mo): East Providence ($1,908/mo), North Providence ($1,944/mo).

What percentage of Cranston residents rent vs. own?

According to Census data, approximately 32.4% of Cranston households are renters, while 67.6% are owner-occupied. Cranston leans toward homeownership, which can mean a smaller rental inventory.

How does Cranston rent compare to the national average?

Cranston's median rent of $2,009/mo is $44 (2%) above the US national median of $1,965/mo. Within Rhode Island, it ranks #17 out of 24 tracked cities.
Income Affordability
27%
AFFORDABLE

At $2,009/mo, rent takes ~27% of Cranston's median household income ($90,206/yr). The standard benchmark is 30%.

Cranston 27%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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