Rhode Island Real Estate
According to census data in the year 2000 there were 439,837 housing units in Rhode Island.
This represents a 6.1% from 414,572 in 1990.
Of those housing units, 399,724 were located in either urbanized areas or urban clusters, and 40,113 were located in what is classified as a rural area.
Homeownership rate in Rhode Island is about 60%.
Rhode Island's vacancy rate, including seasonal lodging, is about 7.1%.
Average household size is 2.47 people.
The majority of houses, apartments or condos in Rhode Island were built after 1958.
|Housing Units by Size|
|Five Bedrooms or more||3.1%|
Owned Homes, Apartments and Condos
|Average Household Size||2.7|
|Median year structure was built||1959|
|Median Value of occupied units||$133,000|
|Median Price asked for vacant units||$124,500|
Rented Homes, Apartments and Condos
|Average Household Size||2.12|
|Median year structure was built||1954|
|Median Monthly Rent asked for vacant units||$497|
Owners Finance Status
|Second Mortgage & Equity Loan||0.1%|
|Home Equity Loan||9.9%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||20.4%|
Cities & Towns