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City Report · RI

Jamestown

·1st most expensive in Rhode Island·One of the pricier rental markets in the US
Median rent (all units)
$3,500/mo
Year-over-Year
Stable
Month-over-Month
+9.4%
vs US Median
+$1,538
Rising (Monthly)
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Most AffordableMost Expensive
Jamestown · $3,500
More expensive than 95% of US cities · National median $1,962/mo
Affordability
58% of income
EXPENSIVE
0%30% benchmark60%+

At $3,500/mo, rent takes about 58% of the US median household income, well above the 30% benchmark.

Income to afford
$140,000/yr
US median income
$72,000/yr
Based on the 30%-of-income rule using Jamestown's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,790
1 BR
$1,920
2 BR
$2,350
3 BR
$2,830
4 BR+
$3,440
Fair Market Rent (HUD)
$2,350/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $3,500 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: July 20, 2026

Annual cost
$42,000/yr
At $3,500/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +9.4% MoM), not inventory.
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View Jamestown rent history (2015–2026) →
Salary vs rent

Can you afford rent in Jamestown on your salary?

At $3,500/mo, how Jamestown rent compares to typical pay (30% rule).

By apartment size

Jamestown rent by bedroom count

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

Local insights

Tips for renters in Jamestown

About renting in Jamestown, RI

Last updated: July 20, 2026

The median rent in Jamestown is $3,500/mo as of July 2026. A studio apartment averages $1,790/mo while a 2-bedroom runs $2,350/mo. One-bedroom apartments average $1,920/mo and 3-bedroom units go for $2,830/mo.

At 58% of estimated US median household income ($72,000/yr), Jamestown ranks as expensive compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Jamestown an affordable city for renters?

Jamestown is considered expensive for renters. At $3,500/mo, rent takes approximately 58% of the US median household income ($72,000/yr). The standard benchmark is 30%. Jamestown significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Jamestown?

To keep rent at or below 30% of gross income, you would need to earn at least $140,000/year (~$67/hour full-time) to afford the median rent of $3,500/mo in Jamestown.

Is rent going up or down in Jamestown?

Rent in Jamestown has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

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

Jamestown is one of the pricier cities in Rhode Island for rent, ranking #1 out of 24 tracked cities at $3,500/mo.

Which nearby cities are cheaper to rent in than Jamestown?

Several nearby cities have lower median rents than Jamestown ($3,500/mo): North Kingstown ($2,465/mo), Narragansett ($2,748/mo), Portsmouth ($3,104/mo).

How does Jamestown rent compare to the national average?

Jamestown's median rent of $3,500/mo is $1,538 (78%) above the US national median of $1,962/mo. Within Rhode Island, it ranks #1 out of 24 tracked cities.
Income Affordability
58%
EXPENSIVE

At $3,500/mo, rent takes ~58% of US median household income ($72,000/yr). The standard benchmark is 30%.

Jamestown 58%Benchmark 30%
State income tax3.75–5.99%
Run the Jamestown affordability calculator →
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Neighborhoods

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Public schools near Jamestown, RI

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