Providence, RI Real Estate
According to census data in the year 2000 there were 67,915 housing units in Providence.
This represents a 1.7% growth from 66,794 in 1990.
Of those housing units, 67,915 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Providence is about 34.6%.
Providence's vacancy rate, including seasonal lodging, is about 8.1%.
Average household size is 2.56 people.
The majority of houses, apartments or condos in Providence were built after 1943.
|Housing Units by Size|
|Five Bedrooms or more||4.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.91|
|Median year structure was built||1939|
|Median Value of occupied units||$101,500|
|Median Price asked for vacant units||$68,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.38|
|Median year structure was built||1948|
|Median Monthly Rent asked for vacant units||$447|
Owners Finance Status
|Second Mortgage & Equity Loan||0.10%|
|Home Equity Loan||6.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.9%|