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Latest available · Census ACS 5-Year (2024)

What Is the Average Rent in Valley Falls CDP, Rhode Island?

$1,362/month 17.4%vs 2023 ($1,160)

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

MetricValue
Median Gross Rent$1,362
Median Home Value$375,200
Median Household Income$92,901
Total Housing Units4,897
Renter-Occupied Units1,577
Renter-Occupied Share32%
Households Paying 50%+ Income246 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

Cheapest: Harrisville CDP($1,094)
Priciest: Melville CDP($2,724)
#CityValue
1Melville CDP$2,724
2Newport East CDP$1,876
3Newport city$1,698
… 6 more …
10Valley Falls CDP(you are here)$1,362
… 11 more …
22Harrisville CDP$1,094
23Chepachet CDP$936
24Hopkinton CDP$468

More data for Valley Falls CDP, Rhode Island

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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This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. Data from the American Community Survey (ACS) 5-Year Estimates, public domain.