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City Report · RI

Warren

·15th most expensive in Rhode Island·Rental market data updated monthly for Warren, RI
Median rent (all units)
$2,119/mo
Year-over-Year
Stable
Month-over-Month
+2.7%
vs US Median
+$157
Rising (Monthly)
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Most AffordableMost Expensive
Warren · $2,119
More expensive than 65% of US cities · National median $1,962/mo
Affordability
35% of income
MODERATE
0%30% benchmark60%+

At $2,119/mo, rent takes about 35% of the US median household income, slightly above the 30% benchmark.

Income to afford
$85,000/yr
US median income
$72,000/yr
Based on the 30%-of-income rule using Warren's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,180
1 BR
$1,270
2 BR
$1,550
3 BR
$1,870
4 BR+
$2,290
Fair Market Rent (HUD)
$1,550/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,119 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
$25,428/yr
At $2,119/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +2.7% MoM), not inventory.
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View Warren rent history (2015–2026) →
Salary vs rent

Can you afford rent in Warren on your salary?

At $2,119/mo, how Warren rent compares to typical pay (30% rule).

By apartment size

Warren rent by bedroom count

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

Local insights

Tips for renters in Warren

About renting in Warren, RI

Last updated: August 17, 2026

The median rent in Warren is $2,119/mo as of August 2026. A studio apartment averages $1,180/mo while a 2-bedroom runs $1,550/mo. One-bedroom apartments average $1,270/mo and 3-bedroom units go for $1,870/mo.

At 35% of estimated US median household income ($72,000/yr), Warren ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Warren an affordable city for renters?

Warren is considered moderate for renters. At $2,119/mo, rent takes approximately 35% of the US median household income ($72,000/yr). The standard benchmark is 30%. Warren slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Warren?

To keep rent at or below 30% of gross income, you would need to earn at least $85,000/year (~$41/hour full-time) to afford the median rent of $2,119/mo in Warren.

Is rent going up or down in Warren?

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

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

Warren is middle-of-the-pack for Rhode Island for rent, ranking #15 out of 24 tracked cities at $2,119/mo.

Which nearby cities are cheaper to rent in than Warren?

Several nearby cities have lower median rents than Warren ($2,119/mo): Fall River ($1,836/mo), East Providence ($1,961/mo).

How does Warren rent compare to the national average?

Warren's median rent of $2,119/mo is $157 (8%) above the US national median of $1,962/mo. Within Rhode Island, it ranks #15 out of 24 tracked cities.
Income Affordability
35%
MODERATE

At $2,119/mo, rent takes ~35% of US median household income ($72,000/yr). The standard benchmark is 30%.

Warren 35%Benchmark 30%
State income tax3.75–5.99%
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Neighborhoods

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Public schools near Warren, RI

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