Homes & Apartments for Rent in 02863

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What to Know About

Life in Central Falls & Beyond

Central Falls shares many of the great qualities that make Rhode Island a desirable place to live.

Rhode Island, a small state with a big personality, is renowned for its unique history, coastal charm, and delectable cuisine. The capital of Rhode Island is Providence, home to several prestigious universities such as Brown University, Rhode Island School of Design, and the University of Rhode Island. Discover its fascinating legacy by visiting notable museums, including the opulent Newport Mansions or the enlightening Roger Williams Park Museum of Natural History. A mix of booming tourism, manufacturing, and healthcare industries drives Rhode Island's economy, creating a diverse and thriving community.

Rhode Island offers an abundance of activities for outdoor enthusiasts or culture seekers. Sail or fish along the scenic coast, hit the slopes for skiing in the nearby mountains, or attend exciting college sports games at one of its esteemed universities. Explore attractions like the iconic Newport Cliff Walk, Blithewold Mansion, Gardens & Arboretum, and picturesque Narragansett Bay.

With its rich history, charming coastline, and flourishing economy, Rhode Island is an excellent place to call home for those who seek outdoor recreation, a unique cultural experience, and a high quality of life.

Rental Market Trends

Central Falls, RI

As of September 2026, Central Falls's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Central Falls's average rent is 21.3% ($445) lower than the Rhode Island average of $2,087 and 9.2% ($166) lower than the U.S. average of $1,808.

Average Rent
$1,642
Monthly ChangeMonth Over Month Change
Decreased5.7% ($100)
Yearly ChangeYear Over Year Change
Increased20.1% ($275)
Avg. Days on MarketAverage Days on Market
30
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,459 Decreased10.5% ($172) Increased12.9% ($167)
2 Beds $1,696 Decreased6.4% ($115) Increased18.5% ($265)
3 Beds $1,990 Decreased6.4% ($135) Increased18.5% ($311)
Nearby Cities Average Rent Avg. Rent vs. Central FallsAverage Rent vs. Central Falls Avg. Days on MarketAverage Days on Market
Pawtucket $1,631 Decreased0.7% ($11) 24 days
Providence $2,343 Increased42.7% ($701) 28 days
North Providence $2,065 Increased25.8% ($423) 30 days
Cumberland $2,390 Increased45.6% ($748) 24 days
East Providence $2,208 Increased34.5% ($566) 25 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Central Falls Rental Market FAQs

Explore rental prices, market trends, and availability in Central Falls, RI.

The average rent in Central Falls, RI is $1,642 per month.
Homes in Central Falls typically rent for between $1,021 and $2,587 per month, with an average of $1,642 per month.
In Central Falls, the average rent for a 1-bedroom home is $1,459 per month, for a 2-bedroom home, $1,696 per month, and a 3-bedroom home is $1,990 per month.
The average rent in Central Falls is 9.2% ($166) lower than the national average of $1,808 per month.
The average rent in Central Falls has decreased by 5.7% ($100) in the last month and increased by 20.1% ($275) over the past year.
The rental market in Central Falls, RI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Central Falls, RI, the average rental stays on the market for approximately 30 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 11 rental properties available in Central Falls, RI.
Based on the current averages, a household would need an annual income of $67,840 to comfortably afford a 2-bedroom home in Central Falls.
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