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Rental Market Trends in Warwick, RI

What is the average rent in Warwick, RI?

$1,873/month

Average Rent

727 Sq Ft

Average Apartment Size

+4.1%

Increase in the Last Year

As of December 2025, the average rent in Warwick, RI is $1,873 per month. For comparison, the national average rent price in the US is currently $1,631/month, which means Warwick rent prices are 15% higher than the national average. When you rent an apartment in Warwick, you can expect to pay about $1,397 per month for a studio, $1,873 for a one-bedroom apartment, and around $2,279 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,776 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,397/month
484 Sq Ft
One Bedroom
$1,873/month
727 Sq Ft
Two Bedroom
$2,279/month
1,034 Sq Ft
Three Bedroom
$2,776/month
1,320 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,658/month
871 Sq Ft
Two Bedroom
$2,456/month
1,040 Sq Ft
Three Bedroom
$3,116/month
1,452 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,633/month
1,172 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Warwick, RI?

In the past year, rent has increased by 4.1%, which averages out to $78 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 December 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Warwick, RI
Last Updated December 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Warwick, RI
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
33% $1,001 - $1,500/month
43% $1,501 - $2,000/month
24% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Warwick?

Based on current rent prices, East Natick is the most affordable neighborhood in Warwick.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
East Natick
$2,051/month
789 Sq Ft

What are the most expensive neighborhoods in Warwick?

Based on current rent prices, East Natick is the most expensive neighborhood in Warwick.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
East Natick
$2,051/month
789 Sq Ft

Which Warwick neighborhoods have the most rentals available?

The neighborhood in Warwick with the most apartments available is East Natick .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
East Natick
$2,051/month
789 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Warwick is $1,873, you’ll want to make about $6,243 per month or $74,916 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

Warwick, RI

345 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Warwick, 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 Warwick, RI

Apartment Averages

East Natick

Warwick, RI

East Natick

Warwick, RI

Studio
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-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
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Nearby City Rent Trends

  • West Warwick Average Rent
  • Cranston Average Rent
  • East Providence Average Rent
  • Bristol Average Rent
  • Providence Average Rent

Apartment communities in Warwick we think you'll love

Alta Altitude

Alta Altitude

2119 Post Rd,
Warwick, RI 02886

$2,050 - $3,630

1-3 Beds

Royal Crest Warwick

Royal Crest Warwick

42 Cedar Pond Dr,
Warwick, RI 02886

$1,605 - $3,670

Studio - 3 Beds

Bullocks Point Townhomes

Bullocks Point Townhomes

596A Bullocks Point Ave,
Riverside, RI 02915

$1,900 - $2,700

1-3 Beds

Villa Del Rio

Villa Del Rio

303 Greenwich Ave,
Warwick, RI 02886

$1,890 - $2,660

1-2 Beds

Property Management Companies in Warwick, RI

Picerne Real Estate Group
Picerne Real Estate Group
  • 49

    Communities

  • 14,015

    Units

  • 23

    Cities

6 Communities in Warwick
Diversified Funding, Inc.
Diversified Funding, Inc.
  • 14

    Communities

  • 1,333

    Units

  • 13

    Cities

3 Communities in Warwick
Navarino Property Group
Navarino Property Group
  • 25

    Communities

  • 2,131

    Units

  • 18

    Cities

2 Communities in Warwick
Greystar
Greystar
  • 3,449

    Communities

  • 950,965

    Units

  • 876

    Cities

1 Community in Warwick
Harbor Group Management
Harbor Group Management
  • 188

    Communities

  • 54,372

    Units

  • 131

    Cities

1 Community in Warwick
The Wingate Companies
The Wingate Companies
  • 50

    Communities

  • 8,368

    Units

  • 36

    Cities

1 Community in Warwick
Lexington Partners
Lexington Partners
  • 20

    Communities

  • 3,240

    Units

  • 13

    Cities

1 Community in Warwick
The Simon Companies
The Simon Companies
  • 11

    Communities

  • 1,475

    Units

  • 9

    Cities

1 Community in Warwick

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United States Rhode Island Warwick 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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