ZIP Code · RI

ZIP 02920

Part of Cranston, RI

Pop. 37,155·Providence County·17th most expensive ZIP in Rhode Island

Median rent (all units)

$2,129/mo

Year-over-Year

+6.5%

Month-over-Month

+3.0%

vs US Median

+$197

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 02920 · $2,129

More expensive than 68% of US ZIP codes · National median $1,932/mo

Rent check

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,440

1 BR

$1,530

2 BR

$1,890

3 BR

$2,280

4 BR+

$2,710

Research median

$1,890/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 02920 changed +6.5% 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 2 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($80,717) is $2,018 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,890); a 3-bedroom is $2,280.

Cheaper nearby

ZIP 02910, 2 miles away, rents for 13% less ($1,850/mo), about $3,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 02920. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$25,548/yr

At $2,129/mo median

Location

CityCranston

StateRI

CountyProvidence County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 6.5% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+6.5% YoY, +3.0% MoM), not inventory.

Demographics

Who lives here

ZIP 02920 (Cranston, RI) is majority owner-occupied, 32.3% of residents hold a bachelor's degree or higher.

Population

37,155

Median income

$80,717

Median age

Renters

36.2%

Age distribution

19.8%

23.2%

24.2%

15.1%

17.8%

Under 1819.8%

18–3423.2%

35–5424.2%

55–6415.1%

65+17.8%

Gender

51.9%

48.1%

Male51.9%

Female48.1%

Race & ethnicity

66.8%

21.1%

White66.8%

Black9.1%

Hispanic21.1%

Asian5.6%

Education (25+)

26.8%

29.3%

32.3%

No HS diploma11.6%

HS diploma26.8%

Some college29.3%

Bachelor's+32.3%

Housing tenure

63.8%

36.2%

Owner63.8%

Renter36.2%

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

2021 vs 2026

How ZIP 02920 in Cranston, RI has changed in 5 years

Income

$68,794 → $80,717

up 17.3%

Population

37,389 → 37,155

down 0.6%

Renter share

36.9% → 36.2%

-0.7 pts

Bachelor's+

30.6% → 32.3%

+1.7 pts

Median age

40.6 → 40

-0.6 yrs

Local incomes tracked alongside that move, going from a median of $68,794 in 2021 to $80,717 more recently.

Community

Discussions about ZIP 02920

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Local insights

Tips for renters in ZIP 02920

About renting in ZIP 02920

Last updated: October 17, 2026

ZIP code 02920 covers Cranston, RI. The median rent here is $2,129/mo as of October 2026. A 1-bedroom rents for a median of $1,530/mo. A 2-bedroom rents for a median of $1,890/mo.

At 32% of local median household income ($80,717/yr), ZIP 02920 ranks as moderate compared to the national benchmark of 30%. Rents have increased 6.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 02920?

To keep rent at or below 30% of gross income, you would need to earn at least $85,000/year (about $41/hour full-time) to afford the median rent of $2,129/mo in ZIP 02920. The local median household income is $80,717/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 02920?

Rent in ZIP 02920 has risen 6.5% over the past year.

How does ZIP 02920 compare to other ZIPs in Rhode Island?

ZIP 02920 is in the middle among Rhode Island ZIP codes for rent, ranking #17 of 32 at $2,129/mo. Over the year to September 2026, rent in ZIP 02920 changed +6.5%, against a typical +4.8% across the 25 Rhode Island ZIP codes Zillow tracks.