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ZIP Code · RI

ZIP 02816

Part of Coventry, RI
Pop. 33,298·Kent County·18th most expensive ZIP in Rhode Island
Median rent (all units)
$2,047/mo
Year-over-Year
Stable
Month-over-Month
-0.1%
vs US Median
+$82
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 02816 · $2,047
More expensive than 63% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,300
1 BR
$1,380
2 BR
$1,700
3 BR
$2,050
4 BR+
$2,440
Research median
$1,700/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
$24,564/yr
At $2,047/mo median
Location
StateRI
CountyKent County
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, -0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 02816 (Coventry, RI) is majority owner-occupied, has a median income above the national average, 31.4% of residents hold a bachelor's degree or higher.

Population
33,298
Median income
$101,431
Median age
44
Renters
19%
Age distribution
17.8%
19.1%
27.7%
15.7%
19.7%
Under 1817.8%
18–3419.1%
35–5427.7%
55–6415.7%
65+19.7%
Gender
49%
51%
Male49%
Female51%
Race & ethnicity
91.8%
White91.8%
Black0.6%
Hispanic4.6%
Other2.5%
Education (25+)
32.4%
30.6%
31.4%
No HS diploma5.6%
HS diploma32.4%
Some college30.6%
Bachelor's+31.4%
Housing tenure
81%
19%
Owner81%
Renter19%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 02816 in Coventry, RI has changed in 5 years

Income
$86,981 → $101,431
up 16.6%
Population
32,348 → 33,298
up 2.9%
Renter share
21.9% → 19%
-2.9 pts
Bachelor's+
28.8% → 31.4%
+2.6 pts
Median age
44.6 → 44
-0.6 yrs

Household income in the area moved from $86,981 to $101,431 across the same window, up 16.6% versus 2021. The population has grown by 2.9% since 2021, moving from about 32,348 residents to roughly 33,298. Renters now make up 19% of households, compared with 21.9% five years ago. College-educated residents now make up 31.4% of adults here, versus 28.8% in 2021.

Community

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Local insights

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About renting in ZIP 02816

Last updated: July 20, 2026

ZIP code 02816 covers Coventry, RI. The median rent here is $2,047/mo as of July 2026. A 1-bedroom rents for a median of $1,380/mo. A 2-bedroom rents for a median of $1,700/mo.

At 24% of local median household income ($101,431/yr), ZIP 02816 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 02816?

As of July 20, 2026, the median monthly rent in ZIP 02816 (Coventry, RI) is $2,047. This is based on aggregated data from public sources and community submissions.

How does ZIP 02816 rent compare to the US average?

ZIP 02816's median rent of $2,047/mo is $82 (4%) above the US national median of $1,965/mo.

How does ZIP 02816 compare to other ZIPs in Rhode Island?

ZIP 02816 falls in the middle range for Rhode Island, ranking #18 out of 34 ZIPs at $2,047/mo.

How much income do you need to rent in ZIP 02816?

To keep rent at or below 30% of gross income, you would need to earn at least $82,000/year (~$39/hour full-time) to afford the median rent of $2,047/mo in ZIP 02816. The local median household income is $101,431/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 02816?

Rent in ZIP 02816 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 02816 an affordable place to rent?

ZIP 02816 is considered very affordable for renters. At $2,047/mo, rent takes approximately 24% of the local median household income ($101,431/yr). The standard benchmark is 30%. ZIP 02816 falls comfortably within that range.

What percentage of ZIP 02816 residents rent vs. own?

According to Census data, approximately 19% of ZIP 02816 households are renters, while 81% are owner-occupied. ZIP 02816 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 02816 compare to the rest of Coventry?

ZIP 02816 is more affordable than Coventry overall. At $2,047/mo, it's $732 below the Coventry citywide median of $2,779/mo.

When was rent data for ZIP 02816 last updated?

Rent data for ZIP 02816 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
24%
VERY AFFORDABLE

At $2,047/mo, rent takes ~24% of ZIP 02816's median household income ($101,431/yr). The standard benchmark is 30%.

ZIP 02816 24%Benchmark 30%
State income tax3.75–5.99%
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Schools nearby

Public schools near ZIP 02816 (Coventry, RI)

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