ZIP 02909
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Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in ZIP 02909 usually run 1.1% below trend in December and 0.7% above it in August, about $37 a month apart at today's median. Based on 11 years of data.
Rent in ZIP 02909 is 0.1% below its high of $2,056 in August 2026, at $2,054 as of September 2026.
Rent in ZIP 02909 changed +4.3% over the year to September 2026. Across the 25 Rhode Island ZIP codes Zillow tracks, the typical change was +4.8%.
From 2019 to 2024, rent in ZIP 02909 rose 53.4% while median household income rose 53.8% ($42,041 to $64,649). Income kept ahead of rent.
Rent in ZIP 02909 is 62.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent rose in 9 of the last 12 months.
30% of the median household income ($64,649) is $1,616 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,600); a 3-bedroom is $1,930.
4th cheapest of 7 ZIP codes in Providence.
ZIP 02907, 2 miles away, rents for 11% less ($1,827/mo), about $2,700 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 02909. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
Who lives here
ZIP 02909 (Providence, RI) is majority renter-occupied, has a large share of families with children, has a median income below the national average, 22% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 02909 in Providence, RI has changed in 5 years
Five years ago, renters in ZIP 02909 in Providence, RI paid around $1,408 a month. That figure now sits near $2,054, up 45.9% from the 2021 baseline. On the earnings side, the typical household in ZIP 02909 in Providence, RI now reports about $64,649, up from $52,232 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 02909 in Providence, RI adding about 3,993 residents over the five-year window, up 9.5% on net. The renter share has eased from 61.9% to 60.2%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 19.7% to 22% across the same window. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 02909 in Providence, RI reflects that arc in its own way.
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Tips for renters in ZIP 02909
Last updated: October 17, 2026
ZIP code 02909 covers Providence, RI. The median rent here is $2,054/mo as of October 2026. A 1-bedroom rents for a median of $1,300/mo. A 2-bedroom rents for a median of $1,600/mo.
At 38% of local median household income ($64,649/yr), ZIP 02909 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.3% over the past year.
Frequently asked questions
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How does ZIP 02909 compare to the rest of Providence?
At $2,054/mo, rent takes ~38% of ZIP 02909's median household income ($64,649/yr). The standard benchmark is 30%.
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