Bullocks Point Townhomes
596A Bullocks Point Ave,
Riverside, RI 02915
1-3 Beds | $1,900 - $2,700
Rental Market Trends in Cranston, RI
What is the average rent in Cranston, RI?
$1,681/month
Average Rent
676 Sq Ft
Average Apartment Size
+5.3%
Increase in the Last Year
As of January 2025, the average rent in Cranston, RI is $1,681 per month. For comparison, the national average rent price in the US is currently $1,554/month, which means Cranston rent prices are 8% higher than the national average. When you rent an apartment in Cranston, you can expect to pay about $1,283 per month for a studio, $1,681 for a one-bedroom apartment, and around $2,050 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,301 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Cranston, RI?
In the past year, rent has increased by 5.3%, which averages out to $90 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2025
Legend
2024
2025
Rent Ranges in Cranston, RI
Last Updated January 2025
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
22%
$1,001 - $1,500/month
57%
$1,501 - $2,000/month
22%
Above $2,000/month
What salary do I need to live comfortably in Cranston, RI?
Because the average rent in Cranston is $1,681, you’ll want to make about $5,603 per month or $67,236 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Cranston, RI compare to other nearby cities and neighborhoods?
Use the tool below to compare Cranston, RI to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Nearby City Rent Trends
Apartment communities in Cranston we think you'll love
Property Management Companies in Cranston, RI
Picerne Real Estate Group
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47
Communities
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13,813
Units
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21
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6 Communities in Cranston
Brady Sullivan Properties
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30
Communities
-
4,081
Units
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18
Cities
2 Communities in Cranston
Diversified Funding, Inc.
-
14
Communities
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1,333
Units
-
13
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2 Communities in Cranston
Trinity Property Consultants
-
160
Communities
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42,900
Units
-
102
Cities
1 Community in Cranston
A.R. Building Company
-
57
Communities
-
9,503
Units
-
44
Cities
1 Community in Cranston
The Alexander Company
-
18
Communities
-
1,917
Units
-
12
Cities
1 Community in Cranston
First Realty Management
-
14
Communities
-
3,065
Units
-
11
Cities
1 Community in Cranston
The Simon Companies
-
11
Communities
-
1,476
Units
-
9
Cities
1 Community in Cranston
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.