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ZIP Code · RI

ZIP 02861

Pop. 28,124·Providence County·26th most expensive ZIP in Rhode Island
Median rent (all units)
$1,932/mo
Year-over-Year
+6.4%
Month-over-Month
+4.5%
vs US Median
-$33
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 02861 · $1,932
More expensive than 57% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,270
1 BR
$1,350
2 BR
$1,670
3 BR
$2,020
4 BR+
$2,400
Research median
$1,670/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
$23,184/yr
At $1,932/mo median
Location
StateRI
CountyProvidence County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 6.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+6.4% YoY, +4.5% MoM), not inventory.
Demographics

Who lives here

ZIP 02861 (Pawtucket, RI) is majority owner-occupied, 20.8% of residents hold a bachelor's degree or higher.

Population
28,124
Median income
$83,411
Median age
37.8
Renters
33.3%
Age distribution
20.8%
23.7%
27.4%
12.9%
15.3%
Under 1820.8%
18–3423.7%
35–5427.4%
55–6412.9%
65+15.3%
Gender
48.6%
51.4%
Male48.6%
Female51.4%
Race & ethnicity
59.7%
18.5%
White59.7%
Black10.3%
Hispanic18.5%
Asian1.3%
Other10.3%
Education (25+)
13.2%
34.5%
31.5%
20.8%
No HS diploma13.2%
HS diploma34.5%
Some college31.5%
Bachelor's+20.8%
Housing tenure
66.7%
33.3%
Owner66.7%
Renter33.3%

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

2021 vs 2026

How ZIP 02861 in Pawtucket, RI has changed in 5 years

Income
$73,285 → $83,411
up 13.8%
Population
27,128 → 28,124
up 3.7%
Renter share
36% → 33.3%
-2.7 pts
Bachelor's+
19.2% → 20.8%
+1.6 pts
Median age
38.5 → 37.8
-0.7 yrs

Median household income grew from $73,285 to $83,411 between 2021 and 2024, a 13.8% shift. Headcount in the area went from 27,128 to 28,124 between 2021 and 2024, a 3.7% change. About 33.3% of households rent today, against 36% in 2021.

Community

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Local insights

Tips for renters in ZIP 02861

About renting in ZIP 02861

Last updated: July 20, 2026

ZIP code 02861 covers Pawtucket, RI. The median rent here is $1,932/mo as of July 2026. A 1-bedroom rents for a median of $1,350/mo. A 2-bedroom rents for a median of $1,670/mo.

At 28% of local median household income ($83,411/yr), ZIP 02861 ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 02861?

As of July 20, 2026, the median monthly rent in ZIP 02861 (Pawtucket, RI) is $1,932. This is based on aggregated data from public sources and community submissions.

How does ZIP 02861 rent compare to the US average?

ZIP 02861's median rent of $1,932/mo is $33 (2%) below the US national median of $1,965/mo.

How does ZIP 02861 compare to other ZIPs in Rhode Island?

ZIP 02861 is among the more affordable ZIP codes in Rhode Island, ranking #26 out of 34 ZIPs at $1,932/mo.

How much income do you need to rent in ZIP 02861?

To keep rent at or below 30% of gross income, you would need to earn at least $77,000/year (~$37/hour full-time) to afford the median rent of $1,932/mo in ZIP 02861. The local median household income is $83,411/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 02861?

Rent in ZIP 02861 has increased 6.4% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 02861 an affordable place to rent?

ZIP 02861 is considered affordable for renters. At $1,932/mo, rent takes approximately 28% of the local median household income ($83,411/yr). The standard benchmark is 30%. ZIP 02861 falls comfortably within that range.

What percentage of ZIP 02861 residents rent vs. own?

According to Census data, approximately 33.3% of ZIP 02861 households are renters, while 66.7% are owner-occupied. ZIP 02861 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 02861 compare to the rest of Pawtucket?

ZIP 02861 is pricier than Pawtucket as a whole. At $1,932/mo, it's $60 above the Pawtucket citywide median of $1,872/mo.

When was rent data for ZIP 02861 last updated?

Rent data for ZIP 02861 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
28%
AFFORDABLE

At $1,932/mo, rent takes ~28% of ZIP 02861's median household income ($83,411/yr). The standard benchmark is 30%.

ZIP 02861 28%Benchmark 30%
State income tax3.75–5.99%
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Schools nearby

Public schools near ZIP 02861 (Pawtucket, RI)

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