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Rental Market Trends in Cranston, RI

What is the average rent in Cranston, RI?

$1,726/month

Average Rent

684 Sq Ft

Average Apartment Size

+4.3%

Increase in the Last Year

As of June 2025, the average rent in Cranston, RI is $1,726 per month. For comparison, the national average rent price in the US is currently $1,627/month, which means Cranston rent prices are 6% higher than the national average. When you rent an apartment in Cranston, you can expect to pay about $1,370 per month for a studio, $1,726 for a one-bedroom apartment, and around $2,124 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,414 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,370/month
504 Sq Ft
One Bedroom
$1,726/month
684 Sq Ft
Two Bedroom
$2,124/month
1,015 Sq Ft
Three Bedroom
$2,414/month
1,554 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,874/month
1,497 Sq Ft
Three Bedroom
$3,370/month
1,576 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 Cranston, RI?

In the past year, rent has increased by 4.3%, which averages out to $75 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 June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Cranston, RI
Last Updated June 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Cranston, RI
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
26% $1,001 - $1,500/month
52% $1,501 - $2,000/month
22% Above $2,000/month

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

Because the average rent in Cranston is $1,726, you’ll want to make about $5,753 per month or $69,036 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

Cranston, RI

242 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Cranston, 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 Cranston, RI

Apartment Averages

Nearby City Rent Trends

  • Providence Average Rent
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  • North Providence Average Rent

Apartment communities in Cranston we think you'll love

Bullocks Point Townhomes

Bullocks Point Townhomes

596A Bullocks Point Ave,
Riverside, RI 02915

1-3 Beds | $1,900 - $2,700

Kettle Point

Kettle Point

12 Captain John Jacobs Rd,
East Providence, RI 02914

Studio - 3 Beds | $2,225 - $4,695

ReNew Western Cranston

ReNew Western Cranston

100 Elena St,
Cranston, RI 02920

1-2 Beds | $1,985 - $5,200

Meshanticut House

Meshanticut House

630 Oaklawn Ave,
Cranston, RI 02920

1-2 Beds | $1,745 - $1,955

Property Management Companies in Cranston, RI

Picerne Real Estate Group
Picerne Real Estate Group
  • 47

    Communities

  • 13,813

    Units

  • 21

    Cities

6 Communities in Cranston
Brady Sullivan Properties
Brady Sullivan Properties
  • 32

    Communities

  • 4,224

    Units

  • 18

    Cities

2 Communities in Cranston
Diversified Funding, Inc.
Diversified Funding, Inc.
  • 14

    Communities

  • 1,333

    Units

  • 13

    Cities

2 Communities in Cranston
Trinity Property Consultants
Trinity Property Consultants
  • 158

    Communities

  • 43,087

    Units

  • 98

    Cities

1 Community in Cranston
A.R. Building Company
A.R. Building Company
  • 60

    Communities

  • 9,714

    Units

  • 47

    Cities

1 Community in Cranston
Lexington Partners
Lexington Partners
  • 20

    Communities

  • 3,278

    Units

  • 13

    Cities

1 Community in Cranston
The Alexander Company
The Alexander Company
  • 17

    Communities

  • 1,861

    Units

  • 12

    Cities

1 Community in Cranston
First Realty Management
First Realty Management
  • 14

    Communities

  • 3,065

    Units

  • 11

    Cities

1 Community in Cranston

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United States Rhode Island Cranston 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 June 2025.

* Percentages may not total 100 due to rounding.

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