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City Report · RI

Middletown

·1st most expensive in Rhode Island·Middletown rents are up 6.0% over the past year
Median rent (all units)
$3,214/mo
Year-over-Year
+6.0%
Month-over-Month
-0.5%
vs US Median
+$1,252
Stable (Monthly)
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Most AffordableMost Expensive
Middletown · $3,214
More expensive than 93% of US cities · National median $1,962/mo
Affordability
54% of income
EXPENSIVE
0%30% benchmark60%+

At $3,214/mo, rent takes about 54% of the US median household income, well above the 30% benchmark.

Income to afford
$129,000/yr
US median income
$72,000/yr
Based on the 30%-of-income rule using Middletown's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,590
1 BR
$1,600
2 BR
$2,100
3 BR
$2,800
4 BR+
$3,240
Fair Market Rent (HUD)
$2,100/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $3,214 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
$38,568/yr
At $3,214/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (6.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+6.0% YoY, -0.5% MoM), not inventory.
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View Middletown rent history (2015–2026) →
Salary vs rent

Can you afford rent in Middletown on your salary?

At $3,214/mo, how Middletown rent compares to typical pay (30% rule).

By apartment size

Middletown rent by bedroom count

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

Local insights

Tips for renters in Middletown

About renting in Middletown, RI

Last updated: August 17, 2026

The median rent in Middletown is $3,214/mo as of August 2026. A studio apartment averages $1,590/mo while a 2-bedroom runs $2,100/mo. One-bedroom apartments average $1,600/mo and 3-bedroom units go for $2,800/mo.

At 54% of estimated US median household income ($72,000/yr), Middletown ranks as expensive compared to the national benchmark of 30%. Rents have increased 6.0% over the past year.

FAQ

Frequently asked questions

Is Middletown an affordable city for renters?

Middletown is considered expensive for renters. At $3,214/mo, rent takes approximately 54% of the US median household income ($72,000/yr). The standard benchmark is 30%. Middletown significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Middletown?

To keep rent at or below 30% of gross income, you would need to earn at least $129,000/year (~$62/hour full-time) to afford the median rent of $3,214/mo in Middletown.

Is rent going up or down in Middletown?

Rent in Middletown has increased 6.0% over the past year as of August 2026, putting upward pressure on renter budgets.

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

Middletown is one of the pricier cities in Rhode Island for rent, ranking #1 out of 24 tracked cities at $3,214/mo.

Which nearby cities are cheaper to rent in than Middletown?

Several nearby cities have lower median rents than Middletown ($3,214/mo): Bristol ($2,401/mo), North Kingstown ($2,465/mo), Portsmouth ($3,104/mo).

How does Middletown rent compare to the national average?

Middletown's median rent of $3,214/mo is $1,252 (64%) above the US national median of $1,962/mo. Within Rhode Island, it ranks #1 out of 24 tracked cities.
Income Affordability
54%
EXPENSIVE

At $3,214/mo, rent takes ~54% of US median household income ($72,000/yr). The standard benchmark is 30%.

Middletown 54%Benchmark 30%
State income tax3.75–5.99%
Run the Middletown affordability calculator →
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Neighborhoods

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Public schools near Middletown, RI

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