Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Melville CDP, Rhode Island?
City · Census ACS 5-Year estimates
The median gross rent in Melville CDP, Rhode Island is $2,724/month (±$118), based on Census ACS 5-Year estimates (2024). The median home value is —, and the median household income is $102,266/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Melville CDP, Rhode Island
| Metric | Value |
|---|---|
| Median Gross Rent | $2,724 |
| Median Home Value | — |
| Median Household Income | $102,266 |
| Total Housing Units | 501 |
| Renter-Occupied Units | 478 |
| Renter-Occupied Share | 95% |
| Households Paying 50%+ Income | 85 households |
How does Melville CDP, Rhode Island compare?
Median gross rent ranked against all cities in Rhode Island.
Higher rent than 100% of cities in Rhode Island · 1st of 24
| # | City | Value |
|---|---|---|
| 1 | Melville CDP(you are here) | $2,724 |
| 2 | Newport East CDP | $1,876 |
| 3 | Newport city | $1,698 |
| … 18 more … | ||
| 22 | Harrisville CDP | $1,094 |
| 23 | Chepachet CDP | $936 |
| 24 | Hopkinton CDP | $468 |
More data for Melville CDP, Rhode Island
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Frequently asked questions
What is the average rent in Melville CDP, Rhode Island?
The median gross rent in Melville CDP, Rhode Island is $2,724/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 Melville CDP, Rhode Island?
The median rent for a 2-bedroom in Melville CDP, 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 Melville CDP, Rhode Island?
The median home value in Melville CDP, Rhode Island is not available according to Census ACS 5-Year estimates (2024).
What percentage of renters in Melville CDP are rent-burdened?
In Melville CDP, Rhode Island, 85 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 Melville CDP, Rhode Island?
The median household income in Melville CDP, Rhode Island is $102,266/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 $2,724 has a margin of error of ±$118. In very small areas, MOEs can be large relative to the estimate.
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