What percentage of people rent in Providence, RI?

58.6% (±1.9 points) of the occupied homes in Providence, RI are rented (2020–2024 American Community Survey).

That is 41,896 renting households against 29,601 that own their home.

In Providence, the share of households that rent went from 63.9% in 2015–2019 to 58.6% in 2020–2024 (−5.3 percentage points), a measurable decrease.

Figures last updated on .

Households that rent
58.6% (±1.9 points)
Renting households
41,896 (±1,394)
Median renter income
$50,828 (±$2,609)

Who rents and who owns in Providence

Tenure, estimate (90% margin of error)
ProvidenceProvidence CountyRhode IslandUnited States
Renter-occupied share58.6% (±1.9 points)43.1% (±0.8 points)36.4% (±0.6 points)34.8%
Renting households41,896 (±1,394)111,642 (±2,290)160,568 (±2,793)45,017,354
Owning households29,601 (±1,540)147,568 (±2,227)281,002 (±2,853)84,210,142
Average renter household size2.3 (±0.1)2.2 (±0.0)2.1 (±0.0)2.3
Average owner household size2.7 (±0.1)2.7 (±0.0)2.6 (±0.0)2.6
Median renter household income$50,828 (±$2,609)$48,754 (±$1,799)$50,251 (±$1,401)$52,966
Median owner household income$100,129 (±$7,454)$108,867 (±$2,210)$115,286 (±$1,632)$100,009

In Providence, the renter share is higher than in Providence County (43.1%).

It is also higher than in Rhode Island (36.4%).

It is higher than the national figure (34.8%).

In Providence County, Providence ranks 3 of 16 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 3 of 39.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Providence has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent63.9% (±1.3 points)58.6% (±1.9 points)−5.3 percentage pointsMeasurable decrease
Median gross rent$994 (±$17)$1,408 (±$42)+41.6%Up after inflation
Median household income$45,610 (±$2,010)$68,119 (±$2,678)+49.4%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Providence

Nearest places with a published estimate, compared with Providence
PlaceDistanceHouseholds that rentCompared with this place
Providence—58.6% (±1.9 points)—
North Providence3.3 mi36.1% (±3.5 points)Lower
East Providence3.4 mi40.1% (±2.8 points)Lower
Pawtucket4.3 mi49.9% (±2.3 points)Lower
Central Falls4.8 mi74.4% (±5.1 points)Higher
Cranston5.0 mi32.4% (±2.2 points)Lower
Johnston5.2 mi24.1% (±3.0 points)Lower
Seekonk5.3 mi13.0% (±3.1 points)Lower
North Seekonk6.2 mi9.0% (±6.2 points)Lower

Nearby places with a measurably lower figure: North Providence, RI (36.1%), East Providence, RI (40.1%), Pawtucket, RI (49.9%).

Nearby places with a measurably higher figure: Central Falls, RI (74.4%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Providence County, place by place

RankPlaceHouseholds that rent
1Central Falls74.4% (±5.1 points)
2Woonsocket62.8% (±2.7 points)
3Providence58.6% (±1.9 points)
4Pawtucket49.9% (±2.3 points)
5East Providence40.1% (±2.8 points)
6North Providence36.1% (±3.5 points)
7Cranston32.4% (±2.2 points)
8Lincoln27.9% (±3.8 points)
9Johnston24.1% (±3.0 points)

Showing 9 of 16 places in Providence County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Providence

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Questions about Providence

How many renters are there in Providence?

Providence has an estimated 41,896 (±1,394) renting households, 58.6% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Providence?

In Providence, the share of households that rent went from 63.9% in 2015–2019 to 58.6% in 2020–2024 (−5.3 percentage points), a measurable decrease.

How big are renting households in Providence?

A renting household in Providence has 2.3 people on average, against 2.7 in an owned home.

How much do renters earn in Providence?

The median renting household in Providence, RI has an income of $50,828 (±$2,609) a year, against $100,129 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Providence city, Rhode Island (place:59000, in state:44).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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