ZIP Code · RI

ZIP 02882

Part of Narragansett, RI

Pop. 13,091·Washington County·2nd most expensive ZIP in Rhode Island

Median rent (all units)

$3,308/mo

Year-over-Year

+12.8%

Month-over-Month

+1.0%

vs US Median

+$1,376

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 02882 · $3,308

More expensive than 94% 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

$1,720

1 BR

$1,830

2 BR

$2,260

3 BR

$2,730

4 BR+

$3,240

Research median

$2,260/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: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Rhode Island

Rent in ZIP 02882 changed +12.7% over the year to September 2026. Across the 25 Rhode Island ZIP codes Zillow tracks, the typical change was +4.8%.

Recent direction

Rent has risen 5 months in a row, and rose in 11 of the last 12 months.

What a typical income covers

30% of the median household income ($95,721) is $2,393 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,260); a 3-bedroom is $2,730.

Cheaper nearby

ZIP 02879, 4 miles away, rents for 13% less ($2,862/mo), about $5,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 02882. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$39,696/yr

At $3,308/mo median

Location

CityNarragansett

StateRI

CountyWashington County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 12.8% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+12.8% YoY, +1.0% MoM), not inventory.

Demographics

Who lives here

ZIP 02882 (Narragansett, RI) is majority owner-occupied, skews toward younger working-age adults, has a median income above the national average, 64.3% of residents hold a bachelor's degree or higher.

Population

13,091

Median income

$95,721

Median age

46.2

Renters

30.6%

Age distribution

34.7%

14.6%

15%

26.5%

Under 189.2%

18–3434.7%

35–5414.6%

55–6415%

65+26.5%

Gender

45.6%

54.4%

Male45.6%

Female54.4%

Race & ethnicity

92.7%

White92.7%

Hispanic4%

Asian0.5%

Other2.6%

Education (25+)

12.6%

20.6%

64.3%

No HS diploma2.6%

HS diploma12.6%

Some college20.6%

Bachelor's+64.3%

Housing tenure

69.4%

30.6%

Owner69.4%

Renter30.6%

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

2021 vs 2026

How ZIP 02882 in Narragansett, RI has changed in 5 years

Income

$83,502 → $95,721

up 14.6%

Population

13,574 → 13,091

down 3.6%

Renter share

32.2% → 30.6%

-1.6 pts

Bachelor's+

56.9% → 64.3%

+7.4 pts

Local incomes tracked alongside that move, going from a median of $83,502 in 2021 to $95,721 more recently. Census counts show ZIP 02882 in Narragansett, RI losing about 483 residents over the five-year window, down 3.6% on net. The renter share has eased from 32.2% to 30.6%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 56.9% to 64.3% across the same window.

Community

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Local insights

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About renting in ZIP 02882

Last updated: October 17, 2026

ZIP code 02882 covers Narragansett, RI. The median rent here is $3,308/mo as of October 2026. A 1-bedroom rents for a median of $1,830/mo. A 2-bedroom rents for a median of $2,260/mo.

At 41% of local median household income ($95,721/yr), ZIP 02882 ranks as moderate compared to the national benchmark of 30%. Rents have increased 12.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 02882?

To keep rent at or below 30% of gross income, you would need to earn at least $132,000/year (about $63/hour full-time) to afford the median rent of $3,308/mo in ZIP 02882. The local median household income is $95,721/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 02882?

Rent in ZIP 02882 has risen 12.8% over the past year.

How does ZIP 02882 compare to other ZIPs in Rhode Island?

ZIP 02882 is one of the pricier among Rhode Island ZIP codes for rent, ranking #2 of 32 at $3,308/mo. Over the year to September 2026, rent in ZIP 02882 changed +12.7%, against a typical +4.8% across the 25 Rhode Island ZIP codes Zillow tracks.