Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Valley Falls CDP, Rhode Island?
City · Census ACS 5-Year estimates
The median gross rent in Valley Falls CDP, Rhode Island is $1,362/month (±$142), based on Census ACS 5-Year estimates (2024). The median home value is $375,200 (±$19,088), and the median household income is $92,901/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Valley Falls CDP, Rhode Island
| Metric | Value |
|---|---|
| Median Gross Rent | $1,362 |
| Median Home Value | $375,200 |
| Median Household Income | $92,901 |
| Total Housing Units | 4,897 |
| Renter-Occupied Units | 1,577 |
| Renter-Occupied Share | 32% |
| Households Paying 50%+ Income | 246 households |
How does Valley Falls CDP, Rhode Island compare?
Median gross rent ranked against all cities in Rhode Island.
Higher rent than 63% of cities in Rhode Island · 10th of 24
| # | City | Value |
|---|---|---|
| 1 | Melville CDP | $2,724 |
| 2 | Newport East CDP | $1,876 |
| 3 | Newport city | $1,698 |
| … 6 more … | ||
| 10 | Valley Falls CDP(you are here) | $1,362 |
| … 11 more … | ||
| 22 | Harrisville CDP | $1,094 |
| 23 | Chepachet CDP | $936 |
| 24 | Hopkinton CDP | $468 |
More data for Valley Falls CDP, Rhode Island
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Frequently asked questions
What is the average rent in Valley Falls CDP, Rhode Island?
The median gross rent in Valley Falls CDP, Rhode Island is $1,362/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 Valley Falls CDP, Rhode Island?
The median rent for a 2-bedroom in Valley Falls 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 Valley Falls CDP, Rhode Island?
The median home value in Valley Falls CDP, Rhode Island is $375,200 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Valley Falls CDP are rent-burdened?
In Valley Falls CDP, Rhode Island, 246 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 Valley Falls CDP, Rhode Island?
The median household income in Valley Falls CDP, Rhode Island is $92,901/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 $1,362 has a margin of error of ±$142. In very small areas, MOEs can be large relative to the estimate.
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