Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in ZCTA5 02864, Rhode Island?
ZIP code · Census ACS 5-Year estimates
The median gross rent in ZCTA5 02864, Rhode Island (ZIP 02864) is $1,379/month (±$109), based on Census ACS 5-Year estimates (2024). The median home value is $431,000 (±$14,544), and the median household income is $117,522/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 02864
| Metric | Value |
|---|---|
| Median Gross Rent | $1,379 |
| Median Home Value | $431,000 |
| Median Household Income | $117,522 |
| Total Housing Units | 14,297 |
| Renter-Occupied Units | 3,390 |
| Renter-Occupied Share | 24% |
| Households Paying 50%+ Income | 771 households |
| Unemployment Rate(April 2026) | 3.7% |
How does ZIP 02864 compare?
Median gross rent ranked against all ZIP codes in Rhode Island.
Higher rent than 53% of ZIP codes in Rhode Island · 29th of 59
| # | ZIP code | Value |
|---|---|---|
| 1 | ZCTA5 02841 | $3,501 |
| 2 | ZCTA5 02827 | $2,692 |
| 3 | ZCTA5 02817 | $2,414 |
| … 25 more … | ||
| 29 | ZCTA5 02864(you are here) | $1,379 |
| … 27 more … | ||
| 57 | ZCTA5 02917 | $1,001 |
| 58 | ZCTA5 02814 | $970 |
| 59 | ZCTA5 02833 | $468 |
Geography
ZIP 02864 is in Providence County, Rhode Island.
It covers part of Valley Falls CDP city, Rhode Island.
More data for ZCTA5 02864
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Frequently asked questions
What is the average rent in ZCTA5 02864, Rhode Island?
The median gross rent in ZCTA5 02864, Rhode Island (ZIP 02864) is $1,379/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 02864, Rhode Island?
The median rent for a 2-bedroom in ZCTA5 02864, 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 02864, Rhode Island?
The median home value in ZCTA5 02864, Rhode Island (ZIP 02864) is $431,000 according to Census ACS 5-Year estimates (2024).
What percentage of renters in ZCTA5 02864 are rent-burdened?
In ZCTA5 02864, Rhode Island, 771 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 02864, Rhode Island?
The median household income in ZCTA5 02864, Rhode Island is $117,522/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 $1,379 has a margin of error of ±$109. In very small areas, MOEs can be large relative to the estimate.
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