ZIP Code · RI

ZIP 02893

Pop. 31,173·Kent County·25th most expensive ZIP in Rhode Island
Median rent (all units)
$1,902/mo
Year-over-Year
+2.0%
Month-over-Month
+0.4%
vs US Median
-$30
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 02893 · $1,902
More expensive than 56% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,280
1 BR
$1,360
2 BR
$1,680
3 BR
$2,030
4 BR+
$2,410
Research median
$1,680/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

Compared with the peak

Rent in ZIP 02893 is 1.3% below its high of $1,928 in May 2026, at $1,902 as of September 2026.

Past year vs. the rest of Rhode Island

Rent in ZIP 02893 changed +2.0% over the year to September 2026. Across the 25 Rhode Island ZIP codes Zillow tracks, the typical change was +4.8%.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($77,608) is $1,940 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,680); a 3-bedroom is $2,030.

From Zillow's monthly rent index (ZORI) for ZIP 02893. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$22,824/yr
At $1,902/mo median
Location
StateRI
CountyKent County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.0% YoY, +0.4% MoM), not inventory.
Demographics

Who lives here

ZIP 02893 (West Warwick, RI) is majority owner-occupied, 26.4% of residents hold a bachelor's degree or higher.

Population
31,173
Median income
$77,608
Median age
42.8
Renters
43%
Age distribution
15.7%
25%
25.6%
13.8%
20%
Under 1815.7%
18–3425%
35–5425.6%
55–6413.8%
65+20%
Gender
50.5%
49.5%
Male50.5%
Female49.5%
Race & ethnicity
82.1%
White82.1%
Black2.3%
Hispanic11.2%
Asian1.8%
Other2.6%
Education (25+)
35%
29%
26.4%
No HS diploma9.7%
HS diploma35%
Some college29%
Bachelor's+26.4%
Housing tenure
57%
43%
Owner57%
Renter43%

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

2023 vs 2026

How ZIP 02893 in West Warwick, RI has changed in 5 years

Rent
$1,577 → $1,902
up 20.6%
Income
$62,649 → $77,608
up 23.9%
Population
30,823 → 31,173
up 1.1%
Renter share
45.3% → 43%
-2.3 pts
Bachelor's+
22.8% → 26.4%
+3.6 pts
Median age
41.1 → 42.8
+1.7 yrs

Five years ago, renters in ZIP 02893 in West Warwick, RI paid around $1,577 a month. That figure now sits near $1,902, up 20.6% from the 2023 baseline. Census figures show median household income at $77,608 today, compared with $62,649 five years earlier. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show ZIP 02893 in West Warwick, RI adding about 350 residents over the five-year window, up 1.1% on net. The renter share has eased from 45.3% to 43%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 22.8% to 26.4% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2023.

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About renting in ZIP 02893

Last updated: October 17, 2026

ZIP code 02893 covers West Warwick, RI. The median rent here is $1,902/mo as of October 2026. A 1-bedroom rents for a median of $1,360/mo. A 2-bedroom rents for a median of $1,680/mo.

At 29% of local median household income ($77,608/yr), ZIP 02893 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 02893?

To keep rent at or below 30% of gross income, you would need to earn at least $76,000/year (about $37/hour full-time) to afford the median rent of $1,902/mo in ZIP 02893. The local median household income is $77,608/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 02893?

Rent in ZIP 02893 has risen 2.0% over the past year as of September 2026. It sits 1.3% below its high of $1,928 in May 2026.

How does ZIP 02893 compare to other ZIPs in Rhode Island?

ZIP 02893 is one of the more affordable among Rhode Island ZIP codes for rent, ranking #25 of 32 at $1,902/mo. Over the year to September 2026, rent in ZIP 02893 changed +2.0%, against a typical +4.8% across the 25 Rhode Island ZIP codes Zillow tracks.

How does ZIP 02893 compare to the rest of West Warwick?

At $1,902/mo, ZIP 02893 is $7 below the West Warwick citywide median of $1,909/mo.
Income Affordability
29%
AFFORDABLE

At $1,902/mo, rent takes ~29% of ZIP 02893's median household income ($77,608/yr). The standard benchmark is 30%.

ZIP 02893 29%Benchmark 30%
State income tax3.75–5.99%
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Schools nearby

Public schools near ZIP 02893 (West Warwick, RI)

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