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Rental Market Trends in Woonsocket, RI

Updated August 2026

The average rent in Woonsocket, RI is $1,240/month.

Rent in Woonsocket is 25% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.

$1,240/month

Average Rent

695 Sq Ft

Average Size

+1.4%

Change / Year

158

Available Apartments

Woonsocket rent varies by unit size and layout:

  • Studio apartments in Woonsocket average $1,140 per month.
  • One-bedroom apartments in Woonsocket average $1,240 per month.
  • Two-bedroom apartments in Woonsocket average $1,460 per month.
  • Three-bedroom apartments in Woonsocket average $1,521 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,140/month
532 Sq Ft
One Bedroom
$1,240/month
695 Sq Ft
Two Bedroom
$1,460/month
845 Sq Ft
Three Bedroom
$1,521/month
902 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,855/month
1,992 Sq Ft
Three Bedroom
$2,277/month
1,371 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,816/month
872 Sq Ft
View Woonsocket Apartments

How much has average rent changed in Woonsocket, RI?

In the past year, rent has increased by 1.4%, which averages out to $17 more per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Woonsocket, RI

August 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Woonsocket, RI
Percentage*
Rent Range
8% Below $700/month
31% $700 - $1,000/month
31% $1,001 - $1,500/month
31% $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 $1,240, you’ll want to make about $4,133 per month or $49,596 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

158 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.

View the Woonsocket Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • North Smithfield

    North Smithfield

    Avg Rent: $2,080/month

  • Cumberland

    Cumberland

    Avg Rent: $2,156/month

  • Bellingham

    Bellingham

    Avg Rent: $2,357/month

  • Lincoln

    Lincoln

    Avg Rent: $1,697/month

  • Smithfield

    Smithfield

    Avg Rent: $1,286/month

Apartment Communities in Woonsocket We Think You'll Love

The Village at Manville

The Village at Manville

40 Bouvier Ave,
Manville, RI 02838

1-2 Beds | $1,194 - $1,975

Highland Hills

Highland Hills

210 Highland Corporate Dr,
Cumberland, RI 02864

1-3 Beds | $2,032 - $3,400

The Club at Dowling Village

The Club at Dowling Village

2 Booth Pond Way,
North Smithfield, RI 02896

Studio - 2 Beds | $2,105 - $2,745

428 Elm St

428 Elm St

428 Elm St,
Woonsocket, RI 02895

2 Beds | $2,000

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Frequently Asked Questions

What is the average rent in Woonsocket?

The average rent in Woonsocket is $1,240 per month, which is 25.5% lower than the national average of $1,664.

What is the average rent for a house in Woonsocket?

The average rent for a house in Woonsocket, RI is $2,277 per month.

Are rents going up or down in Woonsocket?

Rents in Woonsocket, RI are increasing, with prices up 1.4% year-over-year and $17 more per month.

What rent range is most common in Woonsocket?

In Woonsocket, RI, 31% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

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 June 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