Central Falls, RI Real Estate

According to census data in the year 2000 there were 7,270 housing units in Central Falls. This represents a 0.9% decline from 7,337 in 1990.

Of those housing units, 7,270 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Central Falls is about 21.8%. Central Falls's vacancy rate, including seasonal lodging, is about 7.9%. Average household size is 2.74 people.

The majority of houses, apartments or condos in Central Falls were built after 1942.


Housing Size

Housing Units by Size
Studio Type2.60%
One Bedroom24.30%
Two Bedrooms31.60%
Three Bedrooms36.40%
Four Bedrooms3.50%
Five Bedrooms or more1.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.12
Median year structure was built1939
Median Value of occupied units$88,800
Median Price asked for vacant units$112,500

Rented Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1945
Median Monthly Rent asked for vacant units$434

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage14.80%
Home Equity Loan4.70%
Simple Mortgage54.50%
Debt Free26%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs22.4%