Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in ZCTA5 02863, Rhode Island?
ZIP code · Census ACS 5-Year estimates
The median gross rent in ZCTA5 02863, Rhode Island (ZIP 02863) is $1,200/month (±$75), based on Census ACS 5-Year estimates (2024). The median home value is $352,100 (±$30,455), and the median household income is $49,285/year. The unemployment rate in Providence County, Rhode Island was 3.7% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for ZIP 02863
| Metric | Value |
|---|---|
| Median Gross Rent | $1,200 |
| Median Home Value | $352,100 |
| Median Household Income | $49,285 |
| Total Housing Units | 7,683 |
| Renter-Occupied Units | 5,718 |
| Renter-Occupied Share | 74% |
| Households Paying 50%+ Income | 1,380 households |
| Unemployment Rate(April 2026) | 3.7% |
How does ZIP 02863 compare?
Median gross rent ranked against all ZIP codes in Rhode Island.
Higher rent than 17% of ZIP codes in Rhode Island · 50th of 59
| # | ZIP code | Value |
|---|---|---|
| 1 | ZCTA5 02841 | $3,501 |
| 2 | ZCTA5 02827 | $2,692 |
| 3 | ZCTA5 02817 | $2,414 |
| … 46 more … | ||
| 50 | ZCTA5 02863(you are here) | $1,200 |
| … 6 more … | ||
| 57 | ZCTA5 02917 | $1,001 |
| 58 | ZCTA5 02814 | $970 |
| 59 | ZCTA5 02833 | $468 |
Geography
ZIP 02863 is in Providence County, Rhode Island.
It covers part of Central Falls city, Rhode Island.
More data for ZCTA5 02863
Browse by State
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Puerto Rico
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Frequently asked questions
What is the average rent in ZCTA5 02863, Rhode Island?
The median gross rent in ZCTA5 02863, Rhode Island (ZIP 02863) is $1,200/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in ZCTA5 02863, Rhode Island?
The median rent for a 2-bedroom in ZCTA5 02863, Rhode Island is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in ZCTA5 02863, Rhode Island?
The median home value in ZCTA5 02863, Rhode Island (ZIP 02863) is $352,100 according to Census ACS 5-Year estimates (2024).
What percentage of renters in ZCTA5 02863 are rent-burdened?
In ZCTA5 02863, Rhode Island, 1,380 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in ZCTA5 02863, Rhode Island?
The median household income in ZCTA5 02863, Rhode Island is $49,285/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,200 has a margin of error of ±$75. In very small areas, MOEs can be large relative to the estimate.
Managing rental properties?
Tenanture helps property managers reply to every inbound lead, qualify applicants against your rules, and handle tenant inquiries automatically.
Get started free