City Report · RI

Narragansett

·2nd most expensive in Rhode Island·Narragansett rents are up 11.7% over the past year
Median rent (all units)
$3,250/mo
Year-over-Year
+11.7%
Month-over-Month
+2.0%
vs US Median
+$1,318
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Narragansett · $3,250
More expensive than 94% of US cities · National median $1,932/mo
Affordability
54% of income
EXPENSIVE
0%30% benchmark60%+

At $3,250/mo, rent takes about 54% of the US median household income, well above the 30% benchmark.

Income to afford
$130,000/yr
US median income
$72,000/yr
Based on the 30%-of-income rule using Narragansett's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,620
1 BR
$1,730
2 BR
$2,120
3 BR
$2,550
4 BR+
$3,100
Fair Market Rent (HUD)
$2,120/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $3,250 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

Past year vs. the rest of Rhode Island

Rent in Narragansett changed +11.7% 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 3 months in a row, and rose in 9 of the last 12 months.

Cheaper nearby

South Kingstown, 4 miles away, rents for 14% less ($2,795/mo), about $5,500 a year in savings.

From Zillow's monthly rent index (ZORI) for Narragansett.

Annual cost
$39,000/yr
At $3,250/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 11.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+11.7% YoY, +2.0% MoM), not inventory.
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Community

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

Can you afford rent in Narragansett on your salary?

At $3,250/mo, how Narragansett rent compares to typical pay (30% rule).

By apartment size

Narragansett rent by bedroom count

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

Local insights

Tips for renters in Narragansett

About renting in Narragansett, RI

Last updated: October 17, 2026

The median rent in Narragansett is $3,250/mo as of October 2026. A studio apartment averages $1,620/mo while a 2-bedroom runs $2,120/mo. One-bedroom apartments average $1,730/mo and 3-bedroom units go for $2,550/mo.

At 54% of estimated US median household income ($72,000/yr), Narragansett ranks as expensive compared to the national benchmark of 30%. Rents have increased 11.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Narragansett?

To keep rent at or below 30% of gross income, you would need to earn at least $130,000/year (about $63/hour full-time) to afford the median rent of $3,250/mo in Narragansett.

Is rent going up or down in Narragansett?

Rent in Narragansett has risen 11.7% over the past year.

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

Narragansett is one of the pricier among Rhode Island cities for rent, ranking #2 of 24 tracked cities at $3,250/mo. Over the year to September 2026, rent in Narragansett changed +11.7%, against a typical +4.9% across the 19 Rhode Island cities Zillow tracks.

Which nearby cities are cheaper to rent in than Narragansett?

Nearby cities with lower median rent than Narragansett ($3,250/mo) include North Kingstown ($2,383/mo), South Kingstown ($2,795/mo), and Newport ($3,022/mo).
Income Affordability
54%
EXPENSIVE

At $3,250/mo, rent takes ~54% of US median household income ($72,000/yr). The standard benchmark is 30%.

Narragansett 54%Benchmark 30%
State income tax3.75–5.99%
Run the Narragansett affordability calculator →
Lowest-rent ZIP codes in Narragansett
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Narragansett, RI

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