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

Charlestown, RI

As of July 2025, Charlestown's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Charlestown's average rent is 1.8% ($37) lower than the Rhode Island average of $2,097 and 16.1% ($285) higher than the U.S. average of $1,775.

Average Rent

$2,060

Monthly ChangeMonth Over Month Change

0.7% ($15)

Yearly ChangeYear Over Year Change

No change

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,562	1.9% ($30)	No change
2 Beds	$1,815	1.9% ($35)	No change
3 Beds	$2,129	0.9% ($18)	No change

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Charlestown Rental Market FAQs

Explore rental prices, market trends, and availability in Charlestown, RI.

What is the average rent in Charlestown, RI?

The average rent in Charlestown, RI is $2,060 per month.

What is the rental price range for homes in Charlestown, RI?

Homes in Charlestown typically rent for between $1,093 and $2,768 per month, with an average of $2,060 per month.

What is the average rent for different bedroom sizes in Charlestown, RI?

In Charlestown, the average rent for a 1-bedroom home is $1,562 per month, for a 2-bedroom home, $1,815 per month, and a 3-bedroom home is $2,129 per month.

How do rent prices in Charlestown, RI compare with the national average?

The average rent in Charlestown is 16.1% ($285) higher than the national average of $1,775 per month.

How competitive is the rental market in Charlestown, RI?

The rental market in Charlestown, RI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Charlestown, RI?

In Charlestown, RI, the average rental stays on the market for approximately 34 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Charlestown, RI?

There is currently 1 rental property available in Charlestown, RI.

Can I afford to rent a home in Charlestown, RI?

Based on the current averages, a household would need an annual income of $72,600 to comfortably afford a 2-bedroom home in Charlestown.