The median home in Cranston, Rhode Island is valued at $436,926, up 0.7% year over year. Typical monthly rent is $2,023, producing a price-to-rent ratio of 18x — near the national average of 18x. Cranston is part of the Providence-Warwick, RI-MA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Providence-Warwick, RI-MA stress score, crash risk, and 12-month forecast →

Home Value$436,926

+0.7%

Rent$2,023/mo

AFFORDABILITY

Enter your income for Cranston.

Income (annual)

Down Payment

$87,385 on $436,926

Out of reach — 47.2% of income

Need $126,557/yr to afford.

PITI$2,953

P/I47.2%

Afford$259K

Gap-$178K

P&I $2,209Tax $593Ins $150

Renting $930/mo cheaper ($2,023 rent)6.50% 30yr, 20% down, county tax + RI ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Rhode Island

Compare Cranston with other housing markets across Rhode Island.

New Shoreham$1754K Jamestown$1108K Little Compton$910K Newport$899K Narragansett$813K East Greenwich$768K Barrington$751K Middletown$724K

Full Providence-Warwick, RI-MA analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Providence-Warwick, RI-MA metro.

View Providence-Warwick, RI-MA metro →

CRANSTON, RI