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 Size

Housing Units by Size
Studio Type1.20%
One Bedroom13.70%
Two Bedrooms30.80%
Three Bedrooms42.30%
Four Bedrooms9.80%
Five Bedrooms or more2.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.66
Median year structure was built1955
Median Value of occupied units$122,500
Median Price asked for vacant units$120,700

Rented Homes, Apartments and Condos

Average Household Size1.91
Median year structure was built1956
Median Monthly Rent asked for vacant units$590

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage6.80%
Home Equity Loan8%
Simple Mortgage52.40%
Debt Free32.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs21%