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Rental Market Trends in Woonsocket, RI

What is the average rent in Woonsocket, RI?

$1,252/month

Average Rent

711 Sq Ft

Average Apartment Size

+1.8%

Increase in the Last Year

As of April 2026, the average rent in Woonsocket, RI is $1,252 per month. This is 24% lower than the national average rent of $1,641/month, making renting in Woonsocket more affordable than most cities in the US. When you rent an apartment in Woonsocket, you can expect to pay about $1,130 per month for a studio, $1,252 for a one-bedroom apartment, and around $1,468 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,501 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,130/month
566 Sq Ft
One Bedroom
$1,252/month
711 Sq Ft
Two Bedroom
$1,468/month
858 Sq Ft
Three Bedroom
$1,501/month
896 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 Woonsocket, RI?

In the past year, rent has increased by 1.8%, which averages out to $23 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Woonsocket, RI
Last Updated April 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Woonsocket, RI
Percentage*
Rent Range
9% Below $700/month
36% $700 - $1,000/month
36% $1,001 - $1,500/month
18% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Woonsocket is $1,252, you’ll want to make about $4,173 per month or $50,076 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

Woonsocket, RI

92 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Woonsocket, 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 Woonsocket, RI

Apartment Averages

Nearby City Rent Trends

  • North Smithfield Average Rent
  • Cumberland Average Rent
  • Bellingham Average Rent
  • Lincoln Average Rent
  • Smithfield Average Rent

Apartment communities in Woonsocket we think you'll love

Highland Hills

Highland Hills

210 Highland Corporate Dr,
Cumberland, RI 02864

$2,040 - $3,200

1-3 Beds

The Club at Dowling Village

The Club at Dowling Village

2 Booth Pond Way,
North Smithfield, RI 02896

$1,925 - $2,700

Studio - 2 Beds

511 Elm St

511 Elm St

511 Elm St,
Woonsocket, RI 02895

$1,575

2 Beds

363 Logee St

363 Logee St

363 Logee St,
Woonsocket, RI 02895

$1,850

2 Beds

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United States Rhode Island Woonsocket 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 February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity