Cost of Living in Washington County, Rhode Island

$1,303/mo
Median Monthly Rent
$469,800
Median Home Value
4% below state averageUnaffordable

At a Glance

Median Monthly Rent
$1,303/mo
4% below state average
Median Home Value
$469,800
67% above national
Rent-to-Income Ratio
30.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Washington County Compares

Median monthly rent comparison

Washington County$1,303/mo
Rhode Island Average$1,362/mo
National Median$1,163/mo

Detailed Housing Stats

$1,303/mo
Median Gross Rent
$469,800
Median Home Value
$1,837/mo
Monthly Owner Cost
30.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Washington County, Rhode Island

Washington rents fit most budgets easily

Washington County's rent-to-income ratio of 15.3% sits comfortably below national benchmarks, allowing renters to manage housing costs without financial strain. The county's median household income of $102,478 ranks among the state's strongest, providing residents substantial income stability.

Third-most affordable in Rhode Island

Washington County ranks third statewide for affordability with a rent-to-income ratio of 15.3%, trailing only Bristol and Kent counties. At 1.7 points below the state average, Washington delivers better housing economics than Newport or Providence counties.

Premium location, reasonable costs

Washington's median rent of $1,303 and median household income of $102,478 position it between Bristol and Newport, offering a middle path. The median home value of $469,800 aligns closely with Bristol's $468,000, suggesting comparable coastal-area pricing.

Washington's balanced housing equation

Renters spend $1,303 monthly while homeowners pay $1,837, together consuming approximately 25% of household income—the state's best ratio after Bristol. The median home value of $469,800 reflects a robust housing market for a county with strong local wages.

Washington offers solid value proposition

Washington County combines strong incomes with manageable rents, making it attractive for anyone seeking affordable living without sacrificing earning potential. With a 15.3% rent-to-income ratio, you'll keep more of your paycheck than in four other state counties.

Affordability Calculator

See how your income compares to housing costs in Washington County

$

Rent Burden

15.3%

of gross income

Max Housing (28% Rule)

$2,391

per month

Owner Cost Burden

21.5%

of gross income

The median home in Washington County may be a stretch

Median home value is $469,800. Estimated monthly cost: $3,751 vs. your max of $2,391.

Rent Affordability Guide

Your rent-to-income ratio15.3%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Washington County, Rhode Island?
Washington County, Rhode Island has a median monthly rent of $1,303/mo and a median home value of $469,800. The affordability rating is Unaffordable, with rent making up approximately 30.0% of median household income.
What is the median rent in Washington County?
The median gross rent in Washington County is $1,303/mo. This is 4% below state average for Rhode Island.
Is Washington County affordable?
Washington County is rated Unaffordable based on rent-to-income ratio of 30.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Washington County's rent compare to the state average?
Washington County's median rent of $1,303/mo is 4% below state average of $1,362/mo for Rhode Island.
What is the median home value in Washington County?
The median home value in Washington County, Rhode Island is $469,800. This is 67% above the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.