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Rental Market Trends in Coventry, RI

Updated September 2026

The average rent in Coventry, RI is $1,893/month.

Rent in Coventry is roughly equal to the national average rent of of $1,664/month.

$1,893/month

Average Rent

936 Sq Ft

Average Size

+3.9%

Change / Year

28

Available Apartments

Coventry rent varies by unit size and layout:

  • Studio apartments in Coventry average $1,822 per month.
  • One-bedroom apartments in Coventry average $1,893 per month.
  • Two-bedroom apartments in Coventry average $2,027 per month.
  • Three-bedroom apartments in Coventry average $2,755 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,822/month
745 Sq Ft
One Bedroom
$1,893/month
936 Sq Ft
Two Bedroom
$2,027/month
1,168 Sq Ft
Three Bedroom
$2,755/month
2,116 Sq Ft
View Coventry Apartments

How much has average rent changed in Coventry, RI?

In the past year, rent has increased by 3.9%, which averages out to $74 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Coventry, RI

September 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Coventry, RI
Percentage*
Rent Range
0% Below $700/month
17% $700 - $1,000/month
0% $1,001 - $1,500/month
50% $1,501 - $2,000/month
33% Above $2,000/month

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

Because the average rent in Coventry is $1,893, you’ll want to make about $6,310 per month or $75,720 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

Coventry, RI

28 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Coventry, 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.

View the Coventry Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • West Greenwich

    West Greenwich

    Avg Rent: $2,683/month

  • Scituate

    Scituate

    Avg Rent: $1,851/month

  • West Warwick

    West Warwick

    Avg Rent: $1,667/month

  • East Greenwich

    East Greenwich

    Avg Rent: $1,526/month

  • Exeter

    Exeter

    Avg Rent: $1,046/month

  • Moosup

    Moosup

    Avg Rent: $979/month

  • Cranston

    Cranston

    Avg Rent: $1,783/month

  • Johnston

    Johnston

    Avg Rent: $2,056/month

Apartment Communities in Coventry We Think You'll Love

Harris Mill Lofts

Harris Mill Lofts

618 Main St,
Coventry, RI 02816

Studio - 3 Beds | $1,975 - $3,705

Pilgrim Park

Pilgrim Park

135 Pilgrim Ave,
Coventry, RI 02816

1-2 Beds | $1,820

Lofts at Anthony Mill

Lofts at Anthony Mill

624 Washington St,
Coventry, RI 02816

Studio - 2 Beds | $1,710 - $3,370

Woodland Apartments

Woodland Apartments

20 Woodland Dr,
Coventry, RI 02816

1 Bed | $1,758

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Frequently Asked Questions

What is the average rent in Coventry?

The average rent in Coventry is $1,893 per month, which is 13.8% higher than the national average of $1,664.

Are rents going up or down in Coventry?

Rents in Coventry, RI are increasing, with prices up 3.9% year-over-year and $74 more per month.

What rent range is most common in Coventry?

In Coventry, RI, 50% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

United States Rhode Island Coventry 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 September 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