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Rental Market Trends in North Smithfield, RI

What is the average rent in North Smithfield, RI?

$1,988/month

Average Rent

738 Sq Ft

Average Apartment Size

-2.1%

Decrease in the Last Year

As of December 2025, the average rent in North Smithfield, RI is $1,988 per month. This is 22% higher than the national average rent price of $1,631/month, making North Smithfield one of the most expensive cities in the US. When you rent an apartment in North Smithfield, you can expect to pay about $1,695 per month for a studio, $1,988 for a one-bedroom apartment, and around $2,290 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,116 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,695/month
545 Sq Ft
One Bedroom
$1,988/month
738 Sq Ft
Two Bedroom
$2,290/month
1,005 Sq Ft
Three Bedroom
$2,116/month
1,297 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 North Smithfield, RI?

In the past year, rent has decreased by 2.1%, which averages out to $41 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in North Smithfield, RI
Last Updated December 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in North Smithfield, RI
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
25% $1,001 - $1,500/month
0% $1,501 - $2,000/month
75% Above $2,000/month

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

Because the average rent in North Smithfield is $1,988, you’ll want to make about $6,626 per month or $79,512 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

North Smithfield, RI

86 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare North Smithfield, 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 North Smithfield, RI

Apartment Averages

Nearby City Rent Trends

  • Woonsocket Average Rent
  • Smithfield Average Rent
  • Cumberland Average Rent
  • Lincoln Average Rent

Apartment communities in North Smithfield we think you'll love

The Club at Dowling Village

The Club at Dowling Village

2 Booth Pond Way,
North Smithfield, RI 02896

$1,695 - $2,600

Studio - 2 Beds

Residences at Slatersville Mill

Residences at Slatersville Mill

10 Railroad St,
North Smithfield, RI 02876

$2,095 - $2,495

1-2 Beds

Kirkbrae Glen Apartments

Kirkbrae Glen Apartments

200 Old River Rd,
Lincoln, RI 02865

$1,695 - $2,400

1-2 Beds

484 Victory Hwy

484 Victory Hwy

484 Victory Hwy,
North Smithfield, RI 02896

$1,845

2 Beds

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United States Rhode Island North Smithfield 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 November 2025.

* Percentages may not total 100 due to rounding.

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