Rents are 8% below what Warwick's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,179 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 →
12-month history
Last updated: August 17, 2026
Is your rent fair?
Compare your rent to the local median.
Who lives here
Warwick, RI is majority owner-occupied, has a large retiree population, 33.7% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Warwick, RI has changed in 5 years
Rent in Warwick, RI has climbed 29.9% since 2022, going from about $1,678 per month to roughly $2,179 today. Census figures show median household income at $88,708 today, compared with $77,110 five years earlier. Rent outpaced income growth by roughly 14.9 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. About 26.7% of households rent today, against 28.2% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.
Discussions about Warwick
No discussions yet. Start the conversation.
Can you afford rent in Warwick on your salary?
At $2,179/mo, how Warwick rent compares to typical pay (30% rule).
Warwick rent by bedroom count
Median rent for each apartment size in Warwick. Click any size for full breakdown.
Tips for renters in Warwick
Last updated: August 17, 2026
The median rent in Warwick is $2,179/mo as of August 2026. A studio apartment averages $1,380/mo while a 2-bedroom runs $1,810/mo. One-bedroom apartments average $1,475/mo and 3-bedroom units go for $2,180/mo.
At 29% of local median household income ($88,708/yr), Warwick ranks as affordable compared to the national benchmark of 30%. Rents have decreased 6.9% over the past year.
Frequently asked questions
Is Warwick an affordable city for renters?
How much income do you need to rent in Warwick?
Is rent going up or down in Warwick?
Which Warwick neighborhoods have the lowest rent?
How does Warwick rent compare to other cities in Rhode Island?
Which nearby cities are cheaper to rent in than Warwick?
What percentage of Warwick residents rent vs. own?
How does Warwick rent compare to the national average?
At $2,179/mo, rent takes ~29% of Warwick's median household income ($88,708/yr). The standard benchmark is 30%.
How does this area stack up?
Pick another city or ZIP to compare.
Estimated from ZIP-level data
Be the first to submit your rent for Warwick.
No discussions yet.
