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ZIP Code · RI

ZIP 02886

Part of Warwick, RI
Pop. 31,293·Kent County·12th most expensive ZIP in Rhode Island
Median rent (all units)
$2,259/mo
Year-over-Year
Stable
Month-over-Month
+2.1%
vs US Median
+$294
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 02886 · $2,259
More expensive than 72% of US ZIP codes · National median $1,965/mo
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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,490
1 BR
$1,590
2 BR
$1,960
3 BR
$2,370
4 BR+
$2,810
Research median
$1,960/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
$27,108/yr
At $2,259/mo median
Location
StateRI
CountyKent County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +2.1% MoM), not inventory.
Demographics

Who lives here

ZIP 02886 (Warwick, RI) is majority owner-occupied, has a median income above the national average, 36.9% of residents hold a bachelor's degree or higher.

Population
31,293
Median income
$92,047
Median age
41.3
Renters
35.4%
Age distribution
19%
21.8%
25.5%
13.9%
19.8%
Under 1819%
18–3421.8%
35–5425.5%
55–6413.9%
65+19.8%
Gender
48.2%
51.8%
Male48.2%
Female51.8%
Race & ethnicity
84.5%
White84.5%
Black2.6%
Hispanic5.8%
Asian4.2%
Other2.9%
Education (25+)
24.6%
32%
36.9%
No HS diploma6.5%
HS diploma24.6%
Some college32%
Bachelor's+36.9%
Housing tenure
64.6%
35.4%
Owner64.6%
Renter35.4%

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

2021 vs 2026

How ZIP 02886 in Warwick, RI has changed in 5 years

Income
$75,404 → $92,047
up 22.1%
Population
29,991 → 31,293
up 4.3%
Renter share
35.6% → 35.4%
-0.2 pts
Bachelor's+
35.7% → 36.9%
+1.2 pts

Local incomes tracked alongside that move, going from a median of $75,404 in 2021 to $92,047 more recently. The population has grown by 4.3% since 2021, moving from about 29,991 residents to roughly 31,293.

Community

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Local insights

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About renting in ZIP 02886

Last updated: July 20, 2026

ZIP code 02886 covers Warwick, RI. The median rent here is $2,259/mo as of July 2026. A 1-bedroom rents for a median of $1,590/mo. A 2-bedroom rents for a median of $1,960/mo.

At 29% of local median household income ($92,047/yr), ZIP 02886 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 02886?

As of July 20, 2026, the median monthly rent in ZIP 02886 (Warwick, RI) is $2,259. This is based on aggregated data from public sources and community submissions.

How does ZIP 02886 rent compare to the US average?

ZIP 02886's median rent of $2,259/mo is $294 (15%) above the US national median of $1,965/mo.

How does ZIP 02886 compare to other ZIPs in Rhode Island?

ZIP 02886 is one of the pricier ZIP codes in Rhode Island, ranking #12 out of 34 ZIPs tracked at $2,259/mo.

How much income do you need to rent in ZIP 02886?

To keep rent at or below 30% of gross income, you would need to earn at least $90,000/year (~$43/hour full-time) to afford the median rent of $2,259/mo in ZIP 02886. The local median household income is $92,047/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 02886?

Rent in ZIP 02886 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 02886 an affordable place to rent?

ZIP 02886 is considered affordable for renters. At $2,259/mo, rent takes approximately 29% of the local median household income ($92,047/yr). The standard benchmark is 30%. ZIP 02886 falls comfortably within that range.

What percentage of ZIP 02886 residents rent vs. own?

According to Census data, approximately 35.4% of ZIP 02886 households are renters, while 64.6% are owner-occupied. ZIP 02886 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 02886 compare to the rest of Warwick?

ZIP 02886 is pricier than Warwick as a whole. At $2,259/mo, it's $39 above the Warwick citywide median of $2,220/mo.

When was rent data for ZIP 02886 last updated?

Rent data for ZIP 02886 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
29%
AFFORDABLE

At $2,259/mo, rent takes ~29% of ZIP 02886's median household income ($92,047/yr). The standard benchmark is 30%.

ZIP 02886 29%Benchmark 30%
State income tax3.75–5.99%
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Schools nearby

Public schools near ZIP 02886 (Warwick, RI)

Recent submissions

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