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Average Rent in Warwick, RI

2 apartment buildings, 5 units. Daily asking prices with rent history for every building.

Browse apartments in Warwick, RI

Avg Rent

$1,981/mo

median $2,070

market average

Cheapest

$1,675/mo

Fairfax Village

Properties

2

tracked daily

Units

5

available now

Warwick, RI Resident Access

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Analysis

Rent Price Breakdown

Compare pricing across all 2 properties in Warwick, RI.

Average Rent by Property

Starting Price vs Average

Rent by Bedroom Count

Price per Square Foot

Warwick, RI Rent Prices

All 2 properties ranked by lowest available rent.

Rent & Price History by Building

Compare apartment listings by price, bedrooms, and neighborhood.

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By Area

Warwick, RI neighborhoods

Tracked buildings across 1 named neighborhoods. Pick one to see its apartments.

Warwick, RI Average Rent Prices 2026

The average rent in Warwick, RI is $1,981 per month, based on 5 units across 2 apartment communities. Prices range from $1,675 at Fairfax Village to $2,285 at Fairfax Village.

Average Rent by Bedroom Type

Type Avg Rent Starting From Units
1 Bed $1,675/mo $1,675/mo 1
2 Bed $2,058/mo $1,785/mo 4

Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.

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Market Context

Who rents in Warwick, RI, and what they pay

Tracked one-bedroom rent in Warwick, RI averages $1,675/mo, with two-bedroom units averaging $2,058/mo. At the local median household income of $87,536, that works out to 27% of gross income, near the 30 percent affordability ceiling.

The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Warwick, RI at $1,299/mo. The current tracked market average runs 53% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Warwick, RI while the tracked market average covers units currently listed in larger apartment communities.

What salary do I need to live comfortably in Warwick, RI?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$79,000/year

Based on the 30 percent rule, using our tracked average rent of $1,981/mo.

Comfortable income

$95,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,675/mo), you need to earn at least $67,000/year.

Median household income in Warwick, RI is $87,536 , about 8% below the comfortable-living threshold.

Cost of living in Warwick, RI

Overall prices in Warwick, RI runs above the national average by about 2% (BEA Regional Price Parity index 101.5, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Warwick, RI's regional price parities.

Category Monthly estimate
Rent (market average) $1,981
Utilities $426
Groceries $532
Transportation $1,015
Healthcare $495
Other goods and services $792
Estimated total $5,240/mo

Population

82,871

Median household income

$87,536

Census median rent

$1,299/mo

Census rent burden

31.6%

Median age

44.6

Mean commute

25 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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Nearby cities in Rhode Island

How Warwick, RI rent compares to other markets in the state.

City Avg Rent vs Warwick, RI 30-Day Change Properties
Cranston, RI $2,236 +13% -4.8% 8
Providence, RI $2,968 +50% +2.6% 6
Pawtucket, RI $1,911 -4% -2.6% 5

Frequently asked questions

What is the average rent in Warwick, RI?

The average rent in Warwick, RI is $1,981 per month, based on 5 units across 2 apartment buildings tracked by Average Rent. Prices are refreshed daily.

What is the median rent in Warwick, RI?

The median asking rent in Warwick, RI is $2,070 per month, computed from 5 live listed units and refreshed daily. The average is $1,981/mo; the median resists skew from luxury listings.

What is the cheapest apartment rent in Warwick, RI?

The lowest available rent in Warwick, RI starts at $1,675 per month. Availability changes daily and prices are refreshed each morning.

How much is a 1-bedroom apartment in Warwick, RI?

1-bedroom apartments in Warwick, RI average $1,675/mo. The lowest listed 1-bedroom starts at $1,675/mo across 1 units tracked.

How much is a 2-bedroom apartment in Warwick, RI?

2-bedroom apartments in Warwick, RI average $2,058/mo. Units start from $1,785/mo across 4 units currently listed.

Rent Trends in Warwick, RI

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