How much house can I afford on $100,000 in Rhode Island?
About $346,000 with 20% down ($278,000 with an FHA loan), using Rhode Island's 1.02% property tax rate.
That is $162,050 less than the typical Rhode Island home ($508,507), so on $100,000 you'd look at cheaper areas or a smaller home. The payment of $2,333 covers $1,865 principal and interest, $296 property tax and $173 insurance.
Counties in Rhode Island you can afford on $100,000
On $100,000 the typical home is out of reach in every Rhode Island county tracked by Zillow — the cheapest is Kent County at $441,067.
Assumes a 30-year fixed loan at 7.11%, property tax of 1.02% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Other salaries in Rhode Island
Frequently asked questions
How much house can I afford on $100,000 in Rhode Island?
About $346,000 with 20% down at 7.11%, keeping the payment (with Rhode Island's 1.02% property tax and insurance) under $2,333 a month.
Is $100,000 enough to buy a house in Rhode Island?
Not the typical home: the typical Rhode Island home is worth $508,507 (Zillow, September 2026) and $100,000 supports about $346,000. 0 of 5 counties are within budget.