Why Live in Mount Hope
Mount Hope, an East Side neighborhood in Providence, features updated 19th-century homes and a vibrant community atmosphere. The area is known for its historic charm, with homes ranging from simpler clapboard styles to more ornate Victorian and Dutch Revival influences. The neighborhood is characterized by tree-lined streets, sidewalks, and a mix of single-family and multi-family residences, with about 75% of residents renting their homes. Local amenities include a Whole Foods, a variety of restaurants such as a poke eatery and Oak Bakeshop on Camp Street, and shopping centers on Hope Street and North Main Street. Billy Taylor Park, named in honor of a local youth advocate, offers basketball courts, a playground, and a splashpad, and hosts community events like the Billy Taylor Days Festival. The East Side/Mt. Hope YMCA provides fitness classes, equipment, and a pool. Commuters benefit from a 2-mile drive to downtown Providence and RIPTA bus services. The neighborhood is also close to College Hill, home to Brown University and the Rhode Island School of Design. While local schools have mixed ratings, the area is undergoing improvements, such as the recent update to Hope High School's auditorium.
Frequently Asked Questions
Is Mount Hope a good place to live?
Mount Hope is a good place to live. Mount Hope is considered fairly walkable and bikeable with good transit options. Mount Hope is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Mount Hope has 6 parks for recreational activities. It is somewhat dense in population with 10.1 people per acre and a median age of 36. The average household income is $95,678 which is below the national average. College graduates make up 59.3% of residents. A majority of residents in Mount Hope are renters, with 69.5% of residents renting and 30.5% of residents owning their home. A
local real estate agent serving Mount Hope can help you decide if this neighborhood is the right one for you. Learn more on our
Mount Hope neighborhood guide.
Is Mount Hope, RI a safe neighborhood?
Mount Hope, RI is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Mount Hope?
The median home price in Mount Hope is $475,000. If you put a 20% down payment of $95,000 and had a 30-year fixed mortgage with an interest rate of 6.1%, your estimated principal and interest payment would be $2,300 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $99K a year to afford the median home price in Mount Hope. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Mount Hope is $96K.
What are the best public schools in Mount Hope?
The best public schools that serve Mount Hope are:
What are the best private schools in Mount Hope?
The best private schools that serve Mount Hope are:
- The Croft School - Providence has an A+ Niche grade, a student teacher ratio of 7:1 and an average review score of 4.7.
- Wheeler School has an A+ Niche grade, a student teacher ratio of 6:1 and an average review score of 4.6.
- Moses Brown School has an A+ Niche grade, a student teacher ratio of 8:1 and an average review score of 4.6.
What are the most popular zip codes in Mount Hope, Providence, RI?
What are the most popular neighborhoods near Mount Hope, Providence, RI?
Are home prices dropping in Mount Hope?
Yes, home prices in Mount Hope are down 4% in the last 12 months.
Home Trends in Mount Hope, RI
On average, homes in Mount Hope, Providence sell after 33 days on the market compared to the national average of 53 days. The median sale price for homes in Mount Hope, Providence over the last 12 months is $465,825, consistent with the median home sale price over the previous 12 months.
Median Sale Price
$465,825
Median Single Family Sale Price
$525,000
Median 2 Bedroom Sale Price
$392,500
Average Price Per Sq Ft
$374
Number of Homes for Sale
3
Last 12 months Home Sales
56
Median List Price
$475,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
0%