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Independence Place apartments in Cranston, RI

Updated

Independence Place

75 Independence Way Bldg 20, Cranston, RI 02921, USA

Live pricing, refreshed

4
Units Listed
$2,220
Starting at
$2,615
Average
$2,880
Highest
$2.34
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Cranston 02921 rent trends

Beds

Pricing by Bedroom

1 Bed
$2,220
from $2,220 · 1 units
~830 sqft avg
2 Bed
$2,747
from $2,640 · 3 units
~1,216 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$4,415

$53K annual run rate

Modeled estimate

Est. Occupancy

33%

of about 6 units (modeled from leasing activity)

Effective Rent on New Leases

$2,208

vs $2,615 current asking ($407 negotiation gap)

Recent Lease Activity

6 units tracked; 2 assumed leased, 4 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

4

Limited availability

4 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Price vs. Cranston, RI

Similar

Comparing this building against 2 similar Cranston, RI apartments by price. Click any bar to view that building.

See rent trends on the Cranston, RI map Explore Cranston, RI on the interactive map

Available Units

4 units
1 Bed / 1 Bath TheKent
$2,220/mo
830 ft² · $2.67/ft² · #16722
Down $65 since Aug 25 (was $2,285)
2 Bed / 2 Bath TheWashington
$2,640/mo
1,066 ft² · $2.48/ft² · #16723
Up $10 since Aug 2 (was $2,630)
2 Bed / 2 Bath TheNewport
$2,720/mo
1,181 ft² · $2.30/ft² · #16724
Up $10 since Aug 2 (was $2,710)
2 Bed / 2 Bath TheProvidence
$2,880/mo
1,401 ft² · $2.06/ft² · #16725

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Cranston, RI notes

No resident notes for this property yet.

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