City Report · RI

North Smithfield

·9th most expensive in Rhode Island·Rental market data updated monthly for North Smithfield, RI
Median rent (all units)
$2,293/mo
Year-over-Year
Stable
Month-over-Month
+0.7%
vs US Median
+$328
Rising (Monthly)
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Most AffordableMost Expensive
North Smithfield · $2,293
More expensive than 73% of US cities · National median $1,965/mo
Affordability
38% of income
MODERATE
0%30% benchmark60%+

At $2,293/mo, rent takes about 38% of the US median household income, slightly above the 30% benchmark.

Income to afford
$92,000/yr
US median income
$72,000/yr
Based on the 30%-of-income rule using North Smithfield's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,850
1 BR
$1,980
2 BR
$2,420
3 BR
$2,920
4 BR+
$3,540
Research median
$2,420/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
$27,516/yr
At $2,293/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, +0.7% MoM), not inventory.
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Community

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View North Smithfield rent history (2015–2026) →
Salary vs rent

Can you afford rent in North Smithfield on your salary?

At $2,293/mo, how North Smithfield rent compares to typical pay (30% rule).

By apartment size

North Smithfield rent by bedroom count

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

Local insights

Tips for renters in North Smithfield

About renting in North Smithfield, RI

Last updated: July 20, 2026

The median rent in North Smithfield is $2,293/mo as of July 2026. A studio apartment averages $1,850/mo while a 2-bedroom runs $2,420/mo. One-bedroom apartments average $1,980/mo and 3-bedroom units go for $2,920/mo.

At 38% of estimated US median household income ($72,000/yr), North Smithfield ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is North Smithfield an affordable city for renters?

North Smithfield is considered moderate for renters. At $2,293/mo, rent takes approximately 38% of the US median household income ($72,000/yr). The standard benchmark is 30%. North Smithfield slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in North Smithfield?

To keep rent at or below 30% of gross income, you would need to earn at least $92,000/year (~$44/hour full-time) to afford the median rent of $2,293/mo in North Smithfield.

Is rent going up or down in North Smithfield?

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

How does North Smithfield rent compare to other cities in Rhode Island?

North Smithfield is middle-of-the-pack for Rhode Island for rent, ranking #9 out of 24 tracked cities at $2,293/mo.

Which nearby cities are cheaper to rent in than North Smithfield?

Several nearby cities have lower median rents than North Smithfield ($2,293/mo): Woonsocket ($1,684/mo), Cumberland ($2,160/mo), Lincoln ($2,167/mo).

How does North Smithfield rent compare to the national average?

North Smithfield's median rent of $2,293/mo is $328 (17%) above the US national median of $1,965/mo. Within Rhode Island, it ranks #9 out of 24 tracked cities.
Income Affordability
38%
MODERATE

At $2,293/mo, rent takes ~38% of US median household income ($72,000/yr). The standard benchmark is 30%.

North Smithfield 38%Benchmark 30%
State income tax3.75–5.99%
Run the North Smithfield affordability calculator →
Lowest-rent ZIP codes in North Smithfield
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near North Smithfield, RI

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