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Census Bureau · 2024 ACS 1-year

Average rent in Rhode Island

The median rent in Rhode Island is $1,418 a month (Census ACS 2024), 5% lower than the U.S. median of $1,487. You need about $56,720 a year to afford it.

Median rent
$1,418
a month, 2024
Change in a year
+3.9%
from $1,365
Income needed
$56,720
a year, 30% rule
Rank
30 of 51
1 = lowest rent

Monthly basics in Rhode Island

CostA monthSource
Rent (median, with utilities paid by renter)$1,418Census ACS 2024
Electricity bill (average home)$160EIA, August 2026
Car insurance, full coverage$298Insurify, Oct 8, 2026
Gas for 1,000 miles$153AAA, Oct 24, 2026
These together$2,029our calculation

Each line is a state average from a different source and date, so treat the total as a rough guide. Electricity is often already counted in gross rent when the renter pays it, so the total can double-count it. Gas for 1,000 miles assumes 27.2 mpg (EPA average new vehicle).

StateMedian rentIncome neededRank
North Carolina$1,338$53,52028
Idaho$1,384$55,36029
Rhode Island$1,418$56,72030
Alaska$1,444$57,76031
Texas$1,475$59,00032
U.S. median$1,487$59,480-

Source: U.S. Census Bureau, American Community Survey, median gross rent (B25064), 2024 ACS 1-year, as republished in the Kansas Statistical Abstract (University of Kansas). Year-earlier: 2023 ACS 1-year, State of Hawaii Data Book. Gross rent = rent plus utilities and fuels paid by the renter. Income needed = rent × 12 ÷ 30% (our calculation). Asking rents for listings today are usually higher than this all-renter median.

Plan around it

See what a salary in Rhode Island leaves you after tax with our Rhode Island take-home pay calculator, then split it with the 50/30/20 budget calculator. Thinking of buying instead? Try the rent vs buy calculator.

Common questions

What is the average rent in Rhode Island?

The median gross rent in Rhode Island was $1,418 a month in 2024, per the Census Bureau's American Community Survey. That ranks 30 of 51 (1 = lowest). A year earlier it was $1,365.

How much do you need to make to afford rent in Rhode Island?

About $56,720 a year before tax, so the median rent of $1,418 is 30% of income, a common rule of thumb (our calculation).

Is rent in Rhode Island going up?

Median rent rose 3.9% in a year, from $1,365 to $1,418 (Census ACS, our calculation). Survey figures for a single year have a margin of error, so small changes may not be meaningful.