Surrounding Metropolitan Area
Providence, Rhode Island is a part of the Providence-Warwick, RI-MA metropolitan area, and contains 12 zip codes, including: 02904, 02901, 02908, 02912, 02918, and 02905.
Providence Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Providence, RI metropolitan area was $1,419, which is 11.64% lower than 2014 average rent. This represents a compounded annual growth rate of 2.23%. 2019 vacancy in Providence, RI was 4.20%.
The total population of the city of Providence, RI has grown 0.73% since 2010. As of 2018, the population was 179,335. The median household income of the Providence was $42,158, which is 30.08% lower than the national average.
Submarket Area
Avg Rent
Rent Growth
Vacancy
Median Income
Population (2018)
Population Growth
Vs. Nat’l Avg
Zip Code
Providence-Warwick, RI-MA
$1,419
11.64%
4.20%
$42,158
179,335
0.73%
30.08%
02901 02902 02903 02904 02905 02906 02907 02908 02909 02912 02918 02940
Submarket Area Providence-Warwick, RI-MA
Avg Rent $1,419
Rent Growth 11.64%
Vacancy 4.20%
Median Income $42,158
Population (2018) 179,335
Population Growth 0.73%
Vs. Nat’l Avg 30.08%
Zip Code 02901 02902 02903 02904 02905 02906 02907 02908 02909 02912 02918 02940