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ZIP Code · RI

ZIP 02920

Part of Cranston, RI
Pop. 37,155·Providence County·19th most expensive ZIP in Rhode Island
Median rent (all units)
$2,046/mo
Year-over-Year
+6.8%
Month-over-Month
-4.8%
vs US Median
+$81
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 02920 · $2,046
More expensive than 63% 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
$1,440
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: July 20, 2026

Annual cost
$24,552/yr
At $2,046/mo median
Location
StateRI
CountyProvidence County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (up only 6.8% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+6.8% YoY, -4.8% 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
40
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

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Local insights

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About renting in ZIP 02920

Last updated: July 20, 2026

ZIP code 02920 covers Cranston, RI. The median rent here is $2,046/mo as of July 2026. A 1-bedroom rents for a median of $1,530/mo. A 2-bedroom rents for a median of $1,890/mo.

At 30% of local median household income ($80,717/yr), ZIP 02920 ranks as moderate compared to the national benchmark of 30%. Rents have increased 6.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 02920?

As of July 20, 2026, the median monthly rent in ZIP 02920 (Cranston, RI) is $2,046. This is based on aggregated data from public sources and community submissions.

How does ZIP 02920 rent compare to the US average?

ZIP 02920's median rent of $2,046/mo is $81 (4%) above the US national median of $1,965/mo.

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

ZIP 02920 falls in the middle range for Rhode Island, ranking #19 out of 34 ZIPs at $2,046/mo.

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 $82,000/year (~$39/hour full-time) to afford the median rent of $2,046/mo in ZIP 02920. The local median household income is $80,717/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 02920?

Rent in ZIP 02920 has increased 6.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 02920 an affordable place to rent?

ZIP 02920 is considered moderate for renters. At $2,046/mo, rent takes approximately 30% of the local median household income ($80,717/yr). The standard benchmark is 30%. ZIP 02920 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 02920 residents rent vs. own?

According to Census data, approximately 36.2% of ZIP 02920 households are renters, while 63.8% are owner-occupied. ZIP 02920 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 02920 compare to the rest of Cranston?

ZIP 02920 is pricier than Cranston as a whole. At $2,046/mo, it's $37 above the Cranston citywide median of $2,009/mo.

When was rent data for ZIP 02920 last updated?

Rent data for ZIP 02920 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
30%
MODERATE

At $2,046/mo, rent takes ~30% of ZIP 02920's median household income ($80,717/yr). The standard benchmark is 30%.

ZIP 02920 30%Benchmark 30%
State income tax3.75–5.99%
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Schools nearby

Public schools near ZIP 02920 (Cranston, RI)

Recent submissions

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