Providence, RI Housing Market
Market data powered by Zillow Research. Last updated: 2026-04-02
Providence, RI is showing healthy, moderate growth.
- •Steady price growth of 2.7% year-over-year — a balanced market.
- •Price-to-rent ratio: 20.0 — buying and renting are roughly comparable.
Median Home Value
$503,947
ZHVI
Year-over-Year
+2.7%
Price change
5-Year Change
+41.4%
Since 2021
Median Rent
$2,095/mo
ZORI
Active Listings
2,244
For sale
State Avg
$488,738
Rhode Island
Home Value Trends
5-year Zillow Home Value Index for Providence, RI vs. state and national averages.
Rent Data
Median Rent
$2,095/mo
Rent YoY Change
+4.6%
Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.