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Rental Market Trends in Central Falls, RI

What is the average rent in Central Falls, RI?

$1,212/month

Average Rent

580 Sq Ft

Average Apartment Size

+1.3%

Increase in the Last Year

As of April 2026, the average rent in Central Falls, RI is $1,212 per month. This is 26% lower than the national average rent of $1,641/month, making renting in Central Falls more affordable than most cities in the US. When you rent an apartment in Central Falls, you can expect to pay about $1,377 per month for a studio, $1,212 for a one-bedroom apartment, and around $1,581 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,304 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,377/month
528 Sq Ft
One Bedroom
$1,212/month
580 Sq Ft
Two Bedroom
$1,581/month
640 Sq Ft
Three Bedroom
$2,304/month
1,388 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Central Falls, RI?

In the past year, rent has increased by 1.3%, which averages out to $16 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Central Falls, RI
Last Updated April 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Central Falls, RI
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
50% $1,001 - $1,500/month
50% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Central Falls, RI?

Because the average rent in Central Falls is $1,212, you’ll want to make about $4,040 per month or $48,480 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Central Falls, RI

49 Available Apartments for Rent

Search for Nearby Apartments

How does Central Falls, RI compare to other nearby cities and neighborhoods?

Use the tool below to compare Central Falls, RI to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Central Falls, RI

Apartment Averages

Nearby City Rent Trends

  • Pawtucket Average Rent
  • Lincoln Average Rent
  • North Providence Average Rent
  • Cumberland Average Rent
  • Seekonk Average Rent
  • Providence Average Rent
  • Attleboro Average Rent

Apartment communities in Central Falls we think you'll love

Roosevelt Mills

Roosevelt Mills

467 Roosevelt Ave,
Central Falls, RI 02863

$1,675 - $2,100

1 Bed

Pine Street Apartments

Pine Street Apartments

327 Pine St,
Pawtucket, RI 02860

$1,600 - $2,400

1-2 Beds

254 Shawmut Ave

254 Shawmut Ave

254 Shawmut Ave,
Central Falls, RI 02863

$2,200 Total Monthly Price

3 Beds | 12 Month Lease

10-12 Evaleen Street

10-12 Evaleen Street

10-12 Evaleen St,
Central Falls, RI 02863

$1,395

1 Bed

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United States Rhode Island Central Falls Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity