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Rental Market Trends in Warwick, RI

What is the average rent in Warwick, RI?

$1,815/month

Average Rent

720 Sq Ft

Average Apartment Size

+3%

Increase in the Last Year

As of July 2025, the average rent in Warwick, RI is $1,815 per month. For comparison, the national average rent price in the US is currently $1,637/month, which means Warwick rent prices are 11% higher than the national average. When you rent an apartment in Warwick, you can expect to pay about $1,428 per month for a studio, $1,815 for a one-bedroom apartment, and around $2,181 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,037 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,428/month
393 Sq Ft
One Bedroom
$1,815/month
720 Sq Ft
Two Bedroom
$2,181/month
1,035 Sq Ft
Three Bedroom
$3,037/month
1,337 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$3,700/month
1,726 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 Warwick, RI?

In the past year, rent has increased by 3%, which averages out to $54 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 July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Warwick, RI
Last Updated July 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Warwick, RI
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
38% $1,001 - $1,500/month
33% $1,501 - $2,000/month
29% Above $2,000/month

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

Because the average rent in Warwick is $1,815, you’ll want to make about $6,050 per month or $72,600 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

408 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

Nearby City Rent Trends

  • West Warwick Average Rent
  • Cranston Average Rent
  • East Greenwich Average Rent
  • Riverside Average Rent
  • East Providence Average Rent
  • Bristol Average Rent
  • Providence Average Rent
  • North Kingstown Average Rent

Apartment communities in Warwick we think you'll love

Alta Altitude

Alta Altitude

2119 Post Rd,
Warwick, RI 02886

1-3 Beds | $2,050 - $3,630

Bullocks Point Townhomes

Bullocks Point Townhomes

596A Bullocks Point Ave,
Riverside, RI 02915

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

Villa Del Rio

Villa Del Rio

303 Greenwich Ave,
Warwick, RI 02886

1-2 Beds | $1,875 - $2,740

Royal Crest Warwick Apartment Homes

Royal Crest Warwick Apartment Homes

42 Cedar Pond Dr,
Warwick, RI 02886

Studio - 3 Beds | $1,534 - $2,268

Property Management Companies in Warwick, RI

Picerne Real Estate Group
Picerne Real Estate Group
  • 47

    Communities

  • 13,813

    Units

  • 21

    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

  • 2,128

    Units

  • 18

    Cities

2 Communities in Warwick
Greystar
Greystar
  • 3,273

    Communities

  • 910,892

    Units

  • 846

    Cities

1 Community in Warwick
AIR Communities
AIR Communities
  • 97

    Communities

  • 34,099

    Units

  • 57

    Cities

1 Community in Warwick
The Wingate Companies
The Wingate Companies
  • 48

    Communities

  • 8,037

    Units

  • 35

    Cities

1 Community in Warwick
Lexington Partners
Lexington Partners
  • 20

    Communities

  • 3,278

    Units

  • 13

    Cities

1 Community in Warwick
The Simon Companies
The Simon Companies
  • 12

    Communities

  • 1,478

    Units

  • 10

    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 June 2025.

* Percentages may not total 100 due to rounding.

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