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City Report · RI

East Providence

Pop. 47,281·18th most expensive in Rhode Island·Rental market data updated monthly for East Providence, RI
Median rent (all units)
$1,961/mo
Year-over-Year
+3.3%
Month-over-Month
+2.8%
vs US Median
-$1
Rising (Monthly)
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Most AffordableMost Expensive
East Providence · $1,961
More expensive than 56% of US cities · National median $1,962/mo
Rent Reality Score
58/100
Fairly priced
OverheatedFairGreat value

Rents are 4% below what East Providence's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,961/mo
Expected by trend
$2,039/mo
The Rent Reality Score compares today's median rent to where East Providence's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,325
1 BR
$1,420
2 BR
$1,735
3 BR
$2,090
4 BR+
$2,535
Fair Market Rent (HUD)
$1,735/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,961 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: August 17, 2026

Annual cost
$23,532/yr
At $1,961/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 3.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+3.3% YoY, +2.8% MoM), not inventory.
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Demographics

Who lives here

East Providence, RI is majority owner-occupied, has a large retiree population, 31.6% of residents hold a bachelor's degree or higher.

Population
47,281
Median income
$75,912
Median age
45.1
Renters
40.1%
Age distribution
15.6%
22.2%
25.6%
15.8%
20.8%
Under 1815.6%
18–3422.2%
35–5425.6%
55–6415.8%
65+20.8%
Gender
50.5%
49.5%
Male50.5%
Female49.5%
Race & ethnicity
73.9%
White73.9%
Black6.3%
Hispanic9.4%
Asian2.6%
Other7.8%
Education (25+)
32.6%
24.2%
31.6%
No HS diploma11.6%
HS diploma32.6%
Some college24.2%
Bachelor's+31.6%
Housing tenure
59.9%
40.1%
Owner59.9%
Renter40.1%

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

2022 vs 2026

How East Providence, RI has changed in 5 years

Rent
$1,588 → $1,961
up 23.5%
Income
$65,016 → $75,912
up 16.8%
Population
47,171 → 47,281
up 0.2%
Renter share
39.9% → 40.1%
+0.2 pts
Bachelor's+
30.8% → 31.6%
+0.8 pts
Median age
41.9 → 45.1
+3.2 yrs

The median rent in East Providence, RI stood at $1,588 in 2022 and currently runs about $1,961, reflecting a 23.5% increase over the period. Median household income rose from $65,016 to $75,912 between 2021 and 2024, a 16.8% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. Taken together, the five-year picture in East Providence, RI reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

Discussions about East Providence

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View East Providence rent history (2015–2026) →
Salary vs rent

Can you afford rent in East Providence on your salary?

At $1,961/mo, how East Providence rent compares to typical pay (30% rule).

By apartment size

East Providence rent by bedroom count

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

Local insights

Tips for renters in East Providence

About renting in East Providence, RI

Last updated: August 17, 2026

The median rent in East Providence is $1,961/mo as of August 2026. A studio apartment averages $1,325/mo while a 2-bedroom runs $1,735/mo. One-bedroom apartments average $1,420/mo and 3-bedroom units go for $2,090/mo.

At 31% of local median household income ($75,912/yr), East Providence ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.3% over the past year.

FAQ

Frequently asked questions

Is East Providence an affordable city for renters?

East Providence is considered moderate for renters. At $1,961/mo, rent takes approximately 31% of the local median household income ($75,912/yr). The standard benchmark is 30%. East Providence slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in East Providence?

To keep rent at or below 30% of gross income, you would need to earn at least $78,000/year (~$38/hour full-time) to afford the median rent of $1,961/mo in East Providence. The local median household income is $75,912/yr, meaning the typical East Providence household falls short of that threshold.

Is rent going up or down in East Providence?

Rent in East Providence has increased 3.3% over the past year as of August 2026, putting upward pressure on renter budgets.

Which East Providence neighborhoods have the lowest rent?

The most affordable ZIP codes in East Providence are 02914 ($1,910/mo), and 02915 ($2,029/mo). Citywide, the median rent in East Providence is $1,961/mo.

How does East Providence rent compare to other cities in Rhode Island?

East Providence is one of the more affordable cities in Rhode Island for rent, ranking #18 out of 24 tracked cities at $1,961/mo.

Which nearby cities are cheaper to rent in than East Providence?

Several nearby cities have lower median rents than East Providence ($1,961/mo): Central Falls ($1,694/mo), Pawtucket ($1,912/mo).

What percentage of East Providence residents rent vs. own?

According to Census data, approximately 40.1% of East Providence households are renters, while 59.9% are owner-occupied. East Providence leans toward homeownership, which can mean a smaller rental inventory.

How does East Providence rent compare to the national average?

East Providence's median rent of $1,961/mo is $1 (0%) below the US national median of $1,962/mo. Within Rhode Island, it ranks #18 out of 24 tracked cities.
Income Affordability
31%
MODERATE

At $1,961/mo, rent takes ~31% of East Providence's median household income ($75,912/yr). The standard benchmark is 30%.

East Providence 31%Benchmark 30%
State income tax3.75–5.99%
Run the East Providence affordability calculator →
Lowest-rent ZIP codes in East Providence
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near East Providence, RI

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