Last updated
Average Rent in Warwick 02886 & Rent Trends
Rent prices and market trends across 2 apartment communities in Warwick 02886, Warwick, RI. Updated daily.
Market Average
$2,112/mo
Lowest Available
$1,785/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
5
available now
Price Cuts This Week in Warwick 02886
5 listed units across 2 buildings offering 2 bed units in Warwick 02886 dropped their asking rent in the past 7 days, an average cut of $61/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Fairfax Village | Unit 1 | $1,750 | $1,675 | $75 |
| Fairfax Village | Unit 2 | $1,730 | $1,655 | $75 |
| Fairfax Village | Unit 3 | $1,815 | $1,740 | $75 |
| Fairfax Village | Unit 4 | $1,840 | $1,785 | $55 |
| Cowesett Hills | Unit 3 | $2,110 | $2,085 | $25 |
Warwick 02886 vs Warwick, RI Average
Warwick 02886 is more expensive than the Warwick, RI average by $137/mo (7%). The citywide average is $1,975/mo across all neighborhoods.
Is Rent Going Up or Down in Warwick 02886?
As of August 2026, the average rent in Warwick 02886 is $2,112 per month across 2 apartment communities and 5 available units.
The most affordable option is Fairfax Village starting at $1,785/mo. By unit type, a 2-bedroom averages $2,112/mo.
Prices range from $1,785 to $2,315 per month. The most common price point is the $2,000 range, where 2 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Warwick 02886
Rent Prices by Apartment in Warwick 02886
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Fairfax Village | $1,785/mo | $2,053/mo | 3 | 3.7 |
| Cowesett Hills | $2,085/mo | $2,200/mo | 2 | 3.5 |
Frequently Asked Questions About Rent in Warwick 02886
What is the average rent in Warwick 02886?
Is rent going up or down in Warwick 02886?
What is the cheapest apartment in Warwick 02886?
How many apartments are available in Warwick 02886?
What salary do I need to live comfortably in Warwick 02886?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$84,000/year
Based on the 30 percent rule, using our tracked average rent of $2,112/mo.
Comfortable income
$101,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,785/mo), you need to earn at least $71,000/year.
Cost of living in Warwick 02886
We only have live rent data for Warwick 02886 so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,112 |
| Estimated total | $2,112/mo |
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 are refreshed annually.
Google Search Trends for Warwick 02886 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Warwick 02886 Apartments
Browse all 2 communities with daily-updated pricing and availability.