ZIP Code · RI

ZIP 02885

Part of Warren, RI
Pop. 11,144·Bristol County·8th most expensive ZIP in Rhode Island
Median rent (all units)
$2,426/mo
Year-over-Year
Stable
Month-over-Month
-0.5%
vs US Median
+$494
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 02885 · $2,426
More expensive than 78% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,290
1 BR
$1,370
2 BR
$1,690
3 BR
$2,040
4 BR+
$2,420
Research median
$1,690/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

What a typical income covers

30% of the median household income ($90,729) is $2,268 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,040); a 4-bedroom is $2,420.

Cheaper nearby

ZIP 02915, 6 miles away, rents for 14% less ($2,078/mo), about $4,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 02885. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$29,112/yr
At $2,426/mo median
Location
CityWarren
StateRI
CountyBristol 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, -0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 02885 (Warren, RI) is majority owner-occupied, has a large retiree population, has a median income above the national average, 36.4% of residents hold a bachelor's degree or higher.

Population
11,144
Median income
$90,729
Median age
49
Renters
38.7%
Age distribution
14%
18.7%
24.2%
18.2%
25%
Under 1814%
18–3418.7%
35–5424.2%
55–6418.2%
65+25%
Gender
50.9%
49.1%
Male50.9%
Female49.1%
Race & ethnicity
91.3%
White91.3%
Black1.7%
Hispanic4.2%
Asian0.7%
Other2.2%
Education (25+)
30.8%
22.4%
36.4%
No HS diploma10.4%
HS diploma30.8%
Some college22.4%
Bachelor's+36.4%
Housing tenure
61.3%
38.7%
Owner61.3%
Renter38.7%

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

2021 vs 2026

How ZIP 02885 in Warren, RI has changed in 5 years

Income
$75,755 → $90,729
up 19.8%
Population
11,166 → 11,144
down 0.2%
Renter share
42% → 38.7%
-3.3 pts
Bachelor's+
34% → 36.4%
+2.4 pts
Median age
47.6 → 49
+1.4 yrs

Local incomes tracked alongside that move, going from a median of $75,755 in 2021 to $90,729 more recently. The renter share has eased from 42% to 38.7%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 34% to 36.4% across the same window.

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Local insights

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About renting in ZIP 02885

Last updated: October 17, 2026

ZIP code 02885 covers Warren, RI. The median rent here is $2,426/mo as of October 2026. A 1-bedroom rents for a median of $1,370/mo. A 2-bedroom rents for a median of $1,690/mo.

At 32% of local median household income ($90,729/yr), ZIP 02885 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 02885?

To keep rent at or below 30% of gross income, you would need to earn at least $97,000/year (about $47/hour full-time) to afford the median rent of $2,426/mo in ZIP 02885. The local median household income is $90,729/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 02885?

Rent in ZIP 02885 has been roughly flat over the past year, a 0.0% change.

How does ZIP 02885 compare to other ZIPs in Rhode Island?

ZIP 02885 is one of the pricier among Rhode Island ZIP codes for rent, ranking #8 of 32 at $2,426/mo.

How does ZIP 02885 compare to the rest of Warren?

At $2,426/mo, ZIP 02885 is $16 above the Warren citywide median of $2,410/mo.
Income Affordability
32%
MODERATE

At $2,426/mo, rent takes ~32% of ZIP 02885's median household income ($90,729/yr). The standard benchmark is 30%.

ZIP 02885 32%Benchmark 30%
State income tax3.75–5.99%
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Schools nearby

Public schools near ZIP 02885 (Warren, RI)

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