US5.com
  1. Home
  2. States
  3. Rhode Island
  4. ZIP 02818
  5. Housing & Real Estate
Warwick city, RI

ZIP 02818 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 02818

Median Home Value
$564,800
Median Rent
$1,334
Affordability Snapshot
$155,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,628/mo PITI).

13%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.7x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

35.3 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 02818 in Warwick city, RI, a household would need roughly $155,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,628. That is about 28% above the local median household income ($120,952), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
76.3%+17% vs US avg
x
Vacancy Rate
5.1%-51% vs US avg
x
Broadband Access
94.4%+8% vs US avg
x
4+ Bedrooms
7.2%-52% vs US avg
x
Built Pre-1939
3.9%-69% vs US avg
x
Built Post-2014
0.7%-89% vs US avg
x
Rent Burden >30%
20.5%-59% vs US avg
x
Mortgage-Free
30.5%-20% vs US avg
x
$564,800
Home Value
$1,334
Rent
1972
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached67.7%
  • 1-unit attached5.7%
  • 2-9 units13.6%
  • 10+ units12.6%
  • Mobile home & other0.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$564,800
Median rent$1,334
Owner-occupied76.3%
Vacant5.1%
Price-to-income4.7x
Est. income to buy$155,000