Cranston, RI Real Estate
According to census data in the year 2000 there were 32,068 housing units in Cranston.
This represents a 5.1% growth from 30,516 in 1990.
Of those housing units, 31,513 were located in either urbanized areas or urban clusters, and 555 were located in what is classified as a rural area.
Homeownership rate in Cranston is about 66.8%.
Cranston's vacancy rate, including seasonal lodging, is about 3.5%.
Average household size is 2.41 people.
The majority of houses, apartments or condos in Cranston were built after 1956.
|Housing Units by Size|
|Five Bedrooms or more||2.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.66|
|Median year structure was built||1955|
|Median Value of occupied units||$122,500|
|Median Price asked for vacant units||$120,700|
Rented Homes, Apartments and Condos
|Average Household Size||1.91|
|Median year structure was built||1956|
|Median Monthly Rent asked for vacant units||$590|
Owners Finance Status
|Second Mortgage & Equity Loan||0.30%|
|Home Equity Loan||8%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||21%|