Starting at $1,616 Per Month
- Studio
200 Esten Ave, Pawtucket, RI 02860
-(RLNE6386823)
The Village Lofts
Frequently Asked Questions
How much does it cost to rent a home in Pawtucket, RI?
The median rent for a home in Pawtucket, RI is $1,900 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Pawtucket, RI?
To comfortably afford the median rent in Pawtucket, RI, a household needs to earn roughly $76,000 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 $1,900 per month in Pawtucket, RI, renters typically need to show $5,700 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 Pawtucket, RI?
In Pawtucket, RI, the price-to-rent ratio is 17.5, 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 Pawtucket, RI are best for renting a home?
The best neighborhood for renting in Pawtucket, RI depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Quality Hill, Downtown Pawtucket, Pleasant View, Darlington and Oak Hill, each with its own character and price range.
