Providence County, Rhode Island home prices
Typical home $453,475 · +2.3% in a year · property tax 1.25%
The typical home in Providence County is worth $453,475, 11% less than the Rhode Island typical home ($508,507). Values changed +2.3% in the past year and +31.9% over five years. Homeowners here pay a median 1.25% of their home's value in property tax each year ($5,684 on the typical home), versus 1.02% statewide.
Mortgage on the typical Providence County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $90,695 | $362,780 | $2,440 | $0 | $700 | $3,141 | $134,600 |
| 10% down | $45,347 | $408,127 | $2,745 | $170 | $700 | $3,616 | $155,000 |
| 5% down | $22,674 | $430,801 | $2,898 | $180 | $700 | $3,778 | $161,900 |
| 3.5% down (FHA) | $15,872 | $445,261 | $2,995 | $201 | $700 | $3,896 | $167,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.25% 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.
What it takes: see what you can afford by salary in Rhode Island · part of the Providence metro area.
Rhode Island counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Kent County | $441,067 | +4.4% | 1.35% |
| Bristol County | $650,424 | +3.2% | 1.29% |
| Washington County | $683,840 | +5.9% | 1% |
| Newport County | $787,185 | +6.0% | 0.89% |
Frequently asked questions
What is the average home price in Providence County, RI?
The typical home value in Providence County is $453,475 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Providence County?
About $134,600 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Providence County?
The median effective rate is 1.25% of home value a year (Census ACS 2024 5-year estimates).