ZIP Code · RI

ZIP 02835

Part of Jamestown, RI

Pop. 5,534·Newport County·1st most expensive ZIP in Rhode Island

Median rent (all units)

$3,500/mo

Year-over-Year

Stable

Month-over-Month

+38.3%

vs US Median

+$1,568

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 02835 · $3,500

More expensive than 95% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,930

1 BR

$2,050

2 BR

$2,530

3 BR

$3,050

4 BR+

$3,630

Research median

$2,530/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

From the history

What the numbers show

What a typical income covers

30% of the median household income ($140,625) is $3,516 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($3,050); a 4-bedroom is $3,630.

Cheaper nearby

ZIP 02840, 4 miles away, rents for 14% less ($3,022/mo), about $5,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 02835. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$42,000/yr

At $3,500/mo median

Location

CityJamestown

StateRI

CountyNewport County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+0.0% YoY, +38.3% MoM), not inventory.

Demographics

Who lives here

ZIP 02835 (Jamestown, RI) is majority owner-occupied, has a large retiree population, has a median income above the national average, 69.1% of residents hold a bachelor's degree or higher.

Population

5,534

Median income

$140,625

Median age

58.2

Renters

14.2%

Age distribution

14.9%

19.2%

20.3%

38.4%

Under 1814.9%

18–347.2%

35–5419.2%

55–6420.3%

65+38.4%

Gender

49.7%

50.3%

Male49.7%

Female50.3%

Race & ethnicity

93.2%

White93.2%

Hispanic0.7%

Other6%

Education (25+)

19.5%

69.1%

No HS diploma1.3%

HS diploma10%

Some college19.5%

Bachelor's+69.1%

Housing tenure

85.8%

14.2%

Owner85.8%

Renter14.2%

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

2021 vs 2026

How ZIP 02835 in Jamestown, RI has changed in 5 years

Income

$120,129 → $140,625

up 17.1%

Population

5,531 → 5,534

up 0.1%

Renter share

15.2% → 14.2%

-1.0 pts

Bachelor's+

61% → 69.1%

+8.1 pts

Median age

56.7 → 58.2

+1.5 yrs

On the earnings side, the typical household in ZIP 02835 in Jamestown, RI now reports about $140,625, up from $120,129 in 2021. College-educated residents now make up 69.1% of adults here, versus 61% in 2021.

Community

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Local insights

Tips for renters in ZIP 02835

About renting in ZIP 02835

Last updated: July 20, 2026

ZIP code 02835 covers Jamestown, RI. The median rent here is $3,500/mo as of July 2026. A 1-bedroom rents for a median of $2,050/mo. A 2-bedroom rents for a median of $2,530/mo.

At 30% of local median household income ($140,625/yr), ZIP 02835 ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 02835?

To keep rent at or below 30% of gross income, you would need to earn at least $140,000/year (about $67/hour full-time) to afford the median rent of $3,500/mo in ZIP 02835. The local median household income is $140,625/yr, so the typical household meets that bar.