Providence-Warwick, RI-MA · Rhode Island
Providence County
ZIP 02831
658,977 residents767 permits TTM$78,204 median HHI42 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$339,100
ACS 5-Year
Cap rate proxy
4.4%
FMR × 0.65 ÷ Home Value
Rent-to-income
19.1%
HUD FMR ÷ ACS HHI
Net migration
+1.70%
IRS SOI
Permits (TTM)
767
Census BPS
Climate risk
93.7
FEMA NRI (0–100)
ZIP 02831
Median home value
—
Gross yield
—
Cap rate
2.7%
Rent gap
—
Affordability
P/I: 7.1R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown42 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 02876 | — | — | — | 8.2% | — |
| 02907 | — | — | — | 5.5% | — |
| 02802 | — | — | — | 4.4% | — |
| 02823 | — | — | — | 4.4% | — |
| 02824 | — | — | — | 4.4% | — |
Ranked by composite score
Compare all ZIPs in Providence County
See all 42 ZIPs ranked by yield and cap rate
Compare yields, cap rates, rent gaps, and affordability across every ZIP. Free account.
- Sortable table — sort by yield, rent gap, affordability
- Drill into any ZIP for full detail
- Save markets and weekly market digest
Free · No credit card · No spam
37
ZIP comparison table. Showing 5 of 42 ZIPs. Sign up to see all.
Demographics
Owner-occupied
56.6%
Census ACS
Vacancy rate
7.4%
Census ACS
Bachelor's degree +
32.2%
Census ACS
Rent burdened
44.2%
Census ACS (>30% income)
Median age
37.9
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026