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

Warwick, RI

As of July 2025, Warwick's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Warwick's average rent is 5.2% ($108) lower than the Rhode Island average of $2,097 and 12.1% ($214) higher than the U.S. average of $1,775.

Average Rent

$1,989

Monthly ChangeMonth Over Month Change

8.6% ($187)

Yearly ChangeYear Over Year Change

8.3% ($153)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,721	9.5% ($181)	3.4% ($60)
2 Beds	$2,240	1% ($22)	12.4% ($247)
3 Beds	$2,999	13% ($344)	28.2% ($660)

Nearby Cities	Average Rent	Avg. Rent vs. WarwickAverage Rent vs. Warwick	Avg. Days on MarketAverage Days on Market
Cranston	$1,862	6.4% ($127)	24 days
Riverside	$2,159	8.5% ($170)	25 days
East Providence	$1,879	5.5% ($110)	25 days
Providence	$2,419	21.6% ($430)	28 days
North Providence	$1,867	6.1% ($122)	30 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Warwick Rental Market FAQs

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

What is the average rent in Warwick, RI?

The average rent in Warwick, RI is $1,989 per month.

What is the rental price range for houses in Warwick, RI?

Houses in Warwick typically rent for between $1,205 and $3,899 per month, with an average of $1,989 per month.

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

In Warwick, the average rent for a 1-bedroom house is $1,721 per month, for a 2-bedroom house, $2,240 per month, and a 3-bedroom house is $2,999 per month.

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

The average rent in Warwick is 12.1% ($214) higher than the national average of $1,775 per month.

How have rent prices in Warwick, RI changed recently?

The average rent in Warwick has decreased by 8.6% ($187) in the last month and increased by 8.3% ($153) over the past year.

How competitive is the rental market in Warwick, RI?

The rental market in Warwick, 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 Warwick, RI?

In Warwick, RI, the average rental stays on the market for approximately 27 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 Warwick, RI?

There are currently 6 rental properties available in Warwick, RI.

Can I afford to rent a house in Warwick, RI?

Based on the current averages, a household would need an annual income of $89,600 to comfortably afford a 2-bedroom house in Warwick.