Rhode Island.
11th most expensive state. Typical home $508,507 (+3.5% in a year), estimated payment $2,803 a month. As of Sep 2026.
to buy the typical home at today's mortgage rate — +$1,555 (+140%) since Jan 2020.
- 1 year
- Up $17,411 +4%
- $491,096$508,507 since Sep 2025
- 5 years
- Up $129,103 +34%
- $379,404$508,507 since Sep 2021
- 10 years
- Up $255,579 +101%
- $252,928$508,507 since Sep 2016
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Rhode Island$2,669
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 12 years.
Typical home values in Rhode Island rose 3.5% over the past year — faster than the nation's +1.2%.
Buying the typical Rhode Island home now takes 38% of the median household income ($87,796/yr, ACS 2020–2024) — the standard affordability line is 30%.
Share of median income needed to buy
Monthly payment for the typical home against the local median household income. Income is an annual survey, stepped — the saw-teeth are survey years, not markets.
- Rhode Island36.48%
- United States28.57%
Rhode Island home values
Zillow Home Value Index against the national figure. Mid-tier homes, smoothed and seasonally adjusted.
- Rhode Island$508,507
- United States$366,157
Metros in Rhode Island
Largest first, by population. Zillow publishes rent for fewer metros than home values, so a dash means no series — not a market at zero.
Go deeper: every zip in Rhode Island.