Cranston, RI Rental Market Trends
What is the average rent in Cranston?
The average rent for an apartment in Cranston is $1,420, a 3% increase compared to the previous year, when the average rent was $1,384.
Average Rent in Cranston, RI
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,420 | 3% | 849 sq. ft. |
What is the average apartment size in Cranston?
The average size for a Cranston, RI apartment is 849 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. 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-$1,00010%
- $1,001-$1,50051%
- $1,501-$2,00035%
- > $2,0003%
Cranston, RI Occupied Housing Units
- Renter-occupied Households36%
- Owner-occupied Households63%
11,247 or 36% of the households in Cranston, RI are renter-occupied while 19,234 or 63% are owner-occupied.
Cranston, RI Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Jun / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cranston, RI | $1,305 | $1,305 | $1,333 | $1,338 | $1,360 | $1,363 | $1,384 | $1,390 | $1,413 | $1,420 |
| National | $1,314 | $1,345 | $1,354 | $1,358 | $1,390 | $1,397 | $1,400 | $1,392 | $1,396 | $1,407 |
Average Rent in Cranston, RI By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Alpine Estates | $1,612 |
| Comstock Gardens - Western Industrial | $1,612 |
| Western Cranston | $1,612 |
| Auburn | $1,440 |
| Auburn Friendly Community | $1,440 |
| Eden Park | $1,440 |
| Forest Hills | $1,440 |
| Park View | $1,440 |
| South Auburn | $1,440 |
| Spectacle | $1,440 |
| Stadium | $1,440 |
| Oaklawn - Brookfield | $1,417 |
| Stone Hill | $1,417 |
| Village | $1,384 |
| Arlington | $1,373 |
| Budlong | $1,373 |
| Dean Estates - Woodridge | $1,373 |
| Garden City | $1,373 |
| Garden Hills | $1,373 |
| Glen Woods | $1,373 |
| Howard | $1,373 |
| Knightsville | $1,373 |
| Laurel Hill | $1,373 |
| Mayfield - Oak Hill | $1,373 |
| Meshanticut | $1,373 |
| Thornton | $1,373 |
What are the most affordable neighborhoods in Cranston?
The most affordable neighborhoods in Cranston are Arlington, where the average rent goes for $1,373/month, Budlong, where renters pay $1,373/mo on average, and Dean Estates - Woodridge, where the average rent goes for $1,373/mo. If you’re looking for other great deals, check out the listings from Garden City ($1,373), Garden Hills ($1,373), and Glen Woods ($1,373), where the asking prices are below the average Cranston rent of $1,420/mo.
What are the most expensive neighborhoods in Cranston?
The most expensive neighborhoods in Cranston are Alpine Estates ($1,612), Comstock Gardens - Western Industrial ($1,612) and Western Cranston ($1,612).
What are the most popular neighborhoods in Cranston?
The most popular neighborhood in Cranston is Glen Woods, where there are 5 verified RENTCafé listings with an average rent of $1,373. Next up is Arlington, where apartments go for $1,373/month, followed by Budlong with $1,373 If you’re looking to rent in Cranston’s most popular neighborhoods, make sure to also check out Dean Estates - Woodridge, where renters pay $1,373 on average, and Eden Park, where the average monthly rent is $1,440.
Cranston | Rent Comparison by Neighborhood
Rent in Alpine Estates is 17% higher than in Arlington
Alpine Estates rent is 13% higher than Cranston average
| Average Rent | $1,612 |
|---|
Arlington rent is 3% lower than Cranston average
| Average Rent | $1,373 |
|---|
How Cranston Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Boston | $3,143 | -6% |
| Cambridge | $2,951 | -6% |
| Worcester | $1,448 | 6% |
| Quincy | $2,197 | -4% |
| Providence | $2,080 | 10% |
| Cranston | $1,420 | 3% |
| Warwick | $1,402 | 4% |
| Somerville | $2,775 | -6% |
| Stoughton | $1,902 | 6% |
| Brockton | $1,642 | 3% |
| East Providence | $1,512 | 12% |