What is the median rent in Valley Falls, RI?
The median gross rent in Valley Falls, RI is $1,362 (±$142) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 1,507 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Valley Falls, the median gross rent went from $876 in 2015–2019 to $1,362 in 2020–2024 (+55.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median gross rent
- $1,362 (±$142)
- Rented homes
- 1,507 (±298)
- $2,000 or more
- 6.1%
- Since 2015–2019
- +55.5%
How much rent costs in Valley Falls
| Monthly gross rent | Valley Falls | Providence County | Rhode Island | United States |
|---|---|---|---|---|
| Less than $500 | 11.2% (±7.7 points) | 15.3% | 14.0% | 6.3% |
| $500 to $999 | 15.0% (±11.7 points) | 14.9% | 14.9% | 20.2% |
| $1,000 to $1,499 | 38.3% (±14.0 points) | 32.1% | 30.7% | 28.1% |
| $1,500 to $1,999 | 29.4% (±17.7 points) | 23.1% | 23.5% | 21.1% |
| $2,000 to $2,499 | 6.1% (±5.6 points) | 10.3% | 10.6% | 12.0% |
| $2,500 to $2,999 | 0.0% (±3.3 points) | 2.6% | 3.4% | 5.5% |
| $3,000 or more | 0.0% (±3.3 points) | 1.7% | 2.8% | 6.8% |
The most common range is $1,000 to $1,499, paid by 38.3% of renting households.
6.1% of rented homes in Valley Falls cost $2,000 or more a month.
Valley Falls against Providence County, its state and the nation
| Valley Falls | Providence County | Rhode Island | United States | |
|---|---|---|---|---|
| Median gross rent | $1,362 (±$142) | $1,312 (±$21) | $1,342 (±$19) | $1,413 |
| Rented homes paying rent | 1,507 (±298) | 108,210 (±2,227) | 154,725 (±2,742) | 42,849,984 |
In Valley Falls, median gross rent is not measurably different from Providence County ($1,312).
It is not measurably different from Rhode Island ($1,342).
It is not measurably different from the national figure ($1,413).
In Providence County, Valley Falls ranks 1 of 6 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 5 of 14.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Valley Falls has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $876 (±$79) | $1,362 (±$142) | +55.5% | Up after inflation |
| Households that rent | 32.3% (±4.7 points) | 32.2% (±5.5 points) | −0.1 percentage points | Not a measurable change |
| Rental vacancy rate | 6.2% (±6.6 points) | 4.0% (±5.4 points) | −2.2 percentage points | Not a measurable change |
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.
Median gross rent in places near Valley Falls
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Valley Falls | — | $1,362 (±$142) | — |
| Central Falls | 2.3 mi | $1,200 (±$75) | Lower |
| Lincoln | 3.1 mi | $1,468 (±$152) | Not measurably different |
| Pawtucket | 3.5 mi | $1,208 (±$39) | Lower |
| North Seekonk | 4.1 mi | $1,421 (±$296) | Not measurably different |
| North Attleborough Town | 4.3 mi | $1,509 (±$102) | Not measurably different |
| Attleboro | 5.0 mi | $1,590 (±$83) | Higher |
| Cumberland Hill | 5.0 mi | $1,310 (±$233) | Not measurably different |
| North Providence | 5.5 mi | $1,405 (±$64) | Not measurably different |
Nearby places with a measurably lower figure: Central Falls, RI ($1,200), Pawtucket, RI ($1,208).
Nearby places with a measurably higher figure: Attleboro, MA ($1,590).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Providence County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Valley Falls | $1,362 (±$142) |
| 2 | Pascoag | $1,319 (±$444) |
| 3 | Cumberland Hill | $1,310 (±$233) |
| 4 | Greenville | $1,264 (±$558) |
| 5 | Harrisville | $1,094 (±$589) |
| 6 | Chepachet | $936 (±$199) |
Valley Falls is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Cumberland, whose figures include it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Valley Falls
What is the average rent in Valley Falls, RI?
The Census Bureau publishes the median rather than the average: the median gross rent in Valley Falls is $1,362 (±$142) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Valley Falls?
In Valley Falls, the median gross rent went from $876 in 2015–2019 to $1,362 in 2020–2024 (+55.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
How many rentals in Valley Falls cost more than $2,000 a month?
6.1% of rented homes in Valley Falls have a gross rent of $2,000 or more a month, and 11.2% cost less than $500.
Is rent in Valley Falls higher than in Providence County?
In Valley Falls, median gross rent is not measurably different from Providence County ($1,312).
It is not measurably different from Rhode Island ($1,342).
It is not measurably different from the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Valley Falls CDP, Rhode Island
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Valley Falls CDP, Rhode Island
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Valley Falls CDP, Rhode Island
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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) for Valley Falls CDP, Rhode Island (place:72500, in state:44).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
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 .
Related
- Housing in Valley Falls at a glance
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- Rent burden in Valley Falls
- Renters and owners in Valley Falls
- Income and affordability in Valley Falls
- Home values in Valley Falls
- Homeowner costs in Valley Falls
- Property taxes in Valley Falls
- Types of homes in Valley Falls
- Bedrooms in Valley Falls
- Age of homes in Valley Falls
- Heating fuel in Valley Falls
- Commute and cars in Valley Falls
- Population growth in Valley Falls
- How long people stay in Valley Falls
- Rhode Island landlord and tenant rules
- Housing across Providence County
- Rhode Island places ranked by median rent
- Housing data for every place in Rhode Island