Why Live in Edgewood
Edgewood in Cranston, Rhode Island, is a neighborhood characterized by its quiet urban streets and coastal New England charm. Stretching from Roger Williams Park to the Providence River, Edgewood offers a walkable environment with a small business district and public waterfront green spaces. Residents enjoy proximity to Narragansett Bay and the preserved salt marshes along Stillhouse Cove, where local STEM programs engage children with the natural environment. The neighborhood features a variety of historic home styles, including bungalows, Cape Cods, American Foursquares, and Queen Annes, with prices ranging from $250,000 to $2.8 million. Condos in converted historic homes are also available.
Edgewood's inland areas provide recreational opportunities at Pawtuxet Oxboes Park and the expansive Roger Williams Park, which includes a zoo, natural history museum, planetarium, and botanical gardens. The neighborhood hosts a farmers market from May through October and the popular Gaspee Days celebrations. The Pawtuxet Village business district on Broad Street offers dining and entertainment options, including Basta Italian Restaurant and The Blue Room bar. Essential shopping is available at nearby Walgreens, Stop & Shop, and Shaw’s.
Edgewood is safer than the national average, with a low crime risk. The neighborhood is well-connected, with RIPTA bus stops and easy access to downtown Providence, just 4 miles away, and Interstate-95, less than 2 miles west. However, homes near the water are susceptible to coastal erosion and elevated water levels during storm surges.
Frequently Asked Questions
Is Edgewood a good place to live?
Edgewood is a good place to live. Edgewood is considered fairly walkable and somewhat bikeable with some transit options. Edgewood has 7 parks for recreational activities. It is somewhat dense in population with 10.7 people per acre and a median age of 39. The average household income is $102,348 which is above the national average. College graduates make up 45.7% of residents. A majority of residents in Edgewood are home owners, with 41% of residents renting and 59% of residents owning their home. A
local real estate agent serving Edgewood can help you decide if this neighborhood is the right one for you. Learn more on our
Edgewood neighborhood guide.
How much do you need to make to afford a house in Edgewood?
The median home price in Edgewood is $449,000. If you put a 20% down payment of $89,800 and had a 30-year fixed mortgage with an interest rate of 6.17%, your estimated principal and interest payment would be $2,190 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $94K a year to afford the median home price in Edgewood. The average household income in Edgewood is $102K.
What are the best public schools in Edgewood?
The best public schools that serve Edgewood are:
What are the best private schools in Edgewood?
The best private schools that serve Edgewood are:
What are the most popular zip codes in Edgewood, Cranston, RI?
What are the most popular neighborhoods near Edgewood, Cranston, RI?
Are home prices dropping in Edgewood?
Yes, home prices in Edgewood are down 7% in the last 12 months.
Home Trends in Edgewood, RI
On average, homes in Edgewood, Cranston sell after 34 days on the market compared to the national average of 53 days. The median sale price for homes in Edgewood, Cranston over the last 12 months is $455,000, down 4% from the median home sale price over the previous 12 months.
Median Sale Price
$455,000
Median Single Family Sale Price
$460,000
Median Townhouse Sale Price
$737,000
Median 2 Bedroom Sale Price
$349,900
Median 1 Bedroom Sale Price
$274,250
Average Price Per Sq Ft
$287
Number of Homes for Sale
9
Last 12 months Home Sales
101
Median List Price
$449,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-4%