Royal Crest Warwick
42 Cedar Pond Dr,
Warwick, RI 02886
$1,605 - $3,725
Studio - 3 Beds
Rental Market Trends in Warwick, RI
What is the average rent in Warwick, RI?
$1,848/month
Average Rent
727 Sq Ft
Average Apartment Size
+1.3%
Increase in the Last Year
As of January 2026, the average rent in Warwick, RI is $1,848 per month. For comparison, the national average rent price in the US is currently $1,624/month, which means Warwick rent prices are 14% higher than the national average. When you rent an apartment in Warwick, you can expect to pay about $1,404 per month for a studio, $1,848 for a one-bedroom apartment, and around $2,269 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,778 or more.
Floor Plan Type
Average Rent
Average 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 Warwick, RI?
In the past year, rent has increased by 1.3%, which averages out to $24 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 January 2026
Legend
2025
2026
Rent Ranges in Warwick, RI
Last Updated January 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
33%
$1,001 - $1,500/month
38%
$1,501 - $2,000/month
29%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Warwick?
Based on current rent prices, East Natick is the most affordable neighborhood in Warwick.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Warwick?
Based on current rent prices, East Natick is the most expensive neighborhood in Warwick.
Neighborhood
Average Rent
Average Sq Ft
Which Warwick neighborhoods have the most rentals available?
The neighborhood in Warwick with the most apartments available is East Natick .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Warwick, RI?
Because the average rent in Warwick is $1,848, you’ll want to make about $6,160 per month or $73,920 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.
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.
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One Bedroom
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Two Bedroom
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Three Bedroom
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Nearby City Rent Trends
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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.