The rental market in Warwick, RI is vibrant and offers a wide variety of housing options for locals and visitors alike. The city is situated in the state’s largest metropolitan area, just to the south of Providence and close to several beaches. The city is known for its quality public schools, low crime rate, and a variety of neighborhoods that cater to all price ranges and lifestyles.
The city of Warwick is served by two public school districts: Warwick Public Schools and Cranston Public Schools. Both districts have consistently ranked among the best in the state, with high graduation rates and a wide array of educational opportunities. Warwick Public Schools has an Advanced Placement program, an International Baccalaureate program, and a number of Advanced Placement courses. Cranston Public Schools offers an array of extracurricular activities, including art, music, and athletics.
Warwick is home to a variety of neighborhoods, from quiet residential areas to bustling city centers. The downtown area, known as Apponaug, has a number of restaurants, shops, and businesses. The city’s East Side neighborhood is known for its trendy restaurants and nightlife. The city also has a number of parks and recreational areas, such as Warwick City Park and Goddard
The average rental prices for apartments, townhouses, condos, lofts, and single family homes in Warwick, RI are as follows:
Apartments: $1,541
Townhouses: $1,868
Condos: $1,679
Lofts: $1,735
Single Family Homes: $2,017
Data from Warwick, RI, shows that rental prices have increased in the past five years. The average rent for a one-bedroom apartment in Warwick in January 2015 was $914 per month. By January 2020, the average rent had risen to $1,170 per month, an increase of 28%. The average rent for a two-bedroom apartment increased by 32%, from $1,100 in January 2015 to $1,448 in January 2020.
1-bedroom: $1,129
2-bedroom: $1,428
3-bedroom: $1,618
In Warwick, RI, school districts tend to perform better than the national average. According to the U.S. Department of Education, the average proficiency rate in reading and math for Warwick's public schools is 88.3%, compared to the national average of 74.9%. Warwick's graduation rate is also higher than the national average, with 89.8% of students graduating compared to the national average of 84.6%.
1. Apponaug
2. Gaspee
3. Cowesett
4. Oakland Beach
5. Conimicut Village
1. Governor Francis Farms
2. Governor Francis Farms Extension
3. Conimicut Village
4. Cowesett
5. Potowomut