Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Central Falls city, Rhode Island?
City · Census ACS 5-Year estimates
The median gross rent in Central Falls city, Rhode Island 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. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Central Falls city, Rhode Island
| 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 |
How does Central Falls city, Rhode Island compare?
Median gross rent ranked against all cities in Rhode Island.
Higher rent than 25% of cities in Rhode Island · 19th of 24
| # | City | Value |
|---|---|---|
| 1 | Melville CDP | $2,724 |
| 2 | Newport East CDP | $1,876 |
| 3 | Newport city | $1,698 |
| … 15 more … | ||
| 19 | Central Falls city(you are here) | $1,200 |
| … 2 more … | ||
| 22 | Harrisville CDP | $1,094 |
| 23 | Chepachet CDP | $936 |
| 24 | Hopkinton CDP | $468 |
More data for Central Falls city, Rhode Island
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Frequently asked questions
What is the average rent in Central Falls city, Rhode Island?
The median gross rent in Central Falls city, Rhode Island 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 Central Falls city, Rhode Island?
The median rent for a 2-bedroom in Central Falls city, 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 Central Falls city, Rhode Island?
The median home value in Central Falls city, Rhode Island is $352,100 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Central Falls city are rent-burdened?
In Central Falls city, 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 Central Falls city, Rhode Island?
The median household income in Central Falls city, 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.
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