Providence

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TOTAL POPULATION
147,072

TOTAL HOUSEHOLDS
48,135

35%
OWN

66%
RENT

Spotlight

ProJo: Gentrification locking some out of housing market

Several speakers at HousingWorks RI’s forum on gentrification on Friday said they don’t need an academic study to tell them that many longtime city residents are getting priced out of the housing market.

Click here for the full article

Headlines

Brown Daily Herald: Gentrification and displacement in Providence: Urban renewal, economic markets, historic preservation

The Center Square: McKee announces $5 million to address Rhode Island blight

PBN: One Neighborhood Builders behind $2.2M modular home project in Providence

PBN: Millennials account for 34% of home purchase loans in Providence metro

PBS: In Another Opinion with Carrie Zaslow

By the Numbers

Single Family Homes

MEDIAN HOME PRICE $203,700
$65,468 Income needed to afford this	38% Cost burdened homeowners

Rental Properties

AVE. 2-BEDROOM RENT $1,779/mo.
$71,160 Income needed to afford this	54% Cost burdened renters

Did You Know?

1636

Providence, Rhode Island was founded in 1636 by Roger Williams.

A household is cost burdened if it spends more than 30% of its income on housing costs.

Additional Information & Resources

RI.gov

The state's website offers information about each of Rhode Island's 39 municipalities. To get to know Providence, click here .

Comprehensive Plan

Interested in learning about Providence’s vision for the future? Check out the city's comprehensive plan here.

Resources

To learn more about the opportunities and services in the City of Providence, visit the following sources:

Explore Providence's (without East Side) complete housing facts.

Download Datasheet [PDF]

Explore Providence's (East Side) complete housing facts.

DOWNLOAD DATASHEET [PDF]