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Foster, RI Home for Rent

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    $2,000 Per Month

    • 2 Beds
    • 1 Bath
    • 672 Sq Ft
    • House for Rent

    118 Carpenter Rd, Foster, RI 02825

    Scituate. Single Family rental opportunity available. Very rare to have the option to rent in such a serene, quiet, location. This is a 2 bedroom cottage with full eat-in kitchen, living room, 2 bedroom, and 1 bathroom on one single level. There are hardwood floors in living room and the bedrooms. This property comes with all appliances and storage opportunity in basement. There is also more

    Elise Vetri REMAX Revolution

    118 Carpenter Rd, Foster, RI 02825

Why Live in Foster

Foster, located in western Rhode Island near the Connecticut border, is known for its rural charm and expansive properties. The town features Jerimoth Hill, the highest point in the state at 812 feet. Residents enjoy a rustic lifestyle with ample land, as properties can include extensive acreage. The housing styles range from 19th-century homesteads to newer builds from the 1970s and 1980s, including log houses, raised ranches, 1800s colonials, and clapboard Cape Cods. Foster's community life revolves around farm activities, such as pumpkin picking and hayrides at Cucumber Hill Farm, and outdoor adventures like hiking along the Ponaganset River and at Jerimoth Hill. The Swamp Meadow Covered Bridge and Dyer Woods Nudist Campgrounds add unique local features. Essential amenities are conveniently located, with grocery stores like Dino’s Park & Shop 8 miles away and Big Y World Class Market 10 miles away in Connecticut. For shopping, residents frequent Killingly Commons, 7 miles away, which includes Target and Stop & Shop. Dining options include the popular Shady Acres Diner and Mulberry Vineyards in nearby Chepachet. Foster is part of the Foster-Glocester Regional School District, with highly rated schools such as Captain Isaac Paine Elementary, Ponaganset Middle, and Ponaganset High School. The town is approximately 20 miles from Providence, making it a feasible commute while maintaining a rural atmosphere.

Frequently Asked Questions

How much does it cost to rent a home in Foster, RI?
The median rent for a home in Foster, RI is $2,000 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Foster, RI?
To comfortably afford the median rent in Foster, RI, a household needs to earn roughly $80,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,000 per month in Foster, RI, renters typically need to show $6,000 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Foster, RI?
In Foster, RI, the price-to-rent ratio is 20.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Foster, RI are best for renting a home?
The best neighborhood for renting in Foster, RI depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include West Warwick Centre, Centreville, Thornton, Graniteville and Greystone-Centredale, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$2,000
Median Single Family Home Rent
$1,250
How to Rent a Home