HousingWorks RI - Quality affordable homes for all
HousingWorks RI is a coalition, unprecedented in its breadth and depth. It is also a campaign, intended to end one crisis: the state's severe shortage of quality, affordable housing. Learn more…


 



Cranston

The facts:

  • $257,500:  Price of the median single-family home sold last year
  • $2,067:  Typical monthly payment for that house (including principal, interest, taxes and insurance)
  • $82,696:  The income you need to afford that house
  • $1,184:  Average rent for a 2-bedroom apartment
  • $47,360:  The income you need to afford that apartment
  • $34,372:  Average annual wage in Cranston***
  • 3,530:  Households in Cranston paying more than half their income for housing****
  • 1,780 (5.57%): Housing that qualifies as affordable

Click here for footnotes.

 

 
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