Cranston, RI Rental Market Trends
Highlights
The average rent for an apartment in Cranston is $1,338, a 3% decrease compared to the previous year, when the average rent was $1,386.
Average Rent in Cranston, RI
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,338 | -3% | 867 sq. ft. |
The average size for a Cranston, RI apartment is 867 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Cranston, RI Apartment Rent Ranges
- $701-$1,00015%
- $1,001-$1,50062%
- $1,501-$2,00021%
- > $2,0002%
Average Rent in Cranston, RI By Neighborhood
| Average Rent | |||||
|---|---|---|---|---|---|
| Neighborhood | Average Rent | ||||
| Stadium | $1,264 | ||||
| Spectacle | $1,264 | ||||
| South Auburn | $1,264 | ||||
| Park View | $1,264 | ||||
| Forest Hills | $1,264 | ||||
| Eden Park | $1,264 | ||||
| Auburn Friendly Community | $1,264 | ||||
| Auburn | $1,264 | ||||
| Village | $1,298 | ||||
| Thornton | $1,305 | ||||
| Meshanticut | $1,305 | ||||
| Mayfield - Oak Hill | $1,305 | ||||
| Laurel Hill | $1,305 | ||||
| Knightsville | $1,305 | ||||
| Howard | $1,305 | ||||
| Glen Woods | $1,305 | ||||
| Garden Hills | $1,305 | ||||
| Garden City | $1,305 | ||||
| Dean Estates - Woodridge | $1,305 | ||||
| Budlong | $1,305 | ||||
| Arlington | $1,305 | ||||
| Stone Hill | $1,350 | ||||
| Oaklawn - Brookfield | $1,350 | ||||
| Western Cranston | $1,558 | ||||
| Comstock Gardens - Western Industrial | $1,558 | ||||
| Alpine Estates | $1,558 | ||||
The most affordable neighborhoods in Cranston are Auburn, where the average rent goes for $1,264/month, Auburn Friendly Community, where renters pay $1,264/mo on average, and Eden Park, where the average rent goes for $1,264/mo. If you’re looking for other great deals, check out the listings from Forest Hills ($1,264), Park View ($1,264), and South Auburn ($1,264), where the asking prices are below the average Cranston rent of $1,338/mo.
The most expensive neighborhoods in Cranston are Alpine Estates ($1,558), Comstock Gardens - Western Industrial ($1,558) and Western Cranston ($1,558).
Cranston | Rent Comparison by Neighborhood
Rent in Alpine Estates is 19% higher than in Arlington
Alpine Estates rent is 16% higher than Cranston average
| Average Rent | $1,558 |
|---|
Arlington rent is 2% lower than Cranston average
| Average Rent | $1,305 |
|---|
How Does Cranston Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Providence | $1,849 | n/a |
| Cranston | $1,338 | -3% |
| East Providence | $1,323 | n/a |
| Woonsocket | $1,016 | n/a |
| Cumberland Hill | $1,584 | n/a |
For more information about the Cranston rental trends, check out our monthly rent report