RentYield Atlas

ZIP 02816 — Coventry, RI: rental yield & market data

Gross rental yield of 5.27% — ranked #21 of 37 Rhode Island ZIP codes. June 2026 data.

Gross rental yield
5.27%
Home value
$465,941
Market rent / mo
$2,047
Price-to-rent
19.0

Trend

Metric1-year change5-year change
Home value+3.9% +35.5%
Market rent

Metro: Providence-Warwick, RI-MA · County: Kent County · Annual rent: $24,564

Comparable ZIP codes in Rhode Island

Similar home values, sorted by yield — the cheapest way to see if 02816 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
02903ProvidenceRI$446,456$2,5276.79%14.7-0.7%
02886WarwickRI$431,289$2,2596.28%15.9+3.7%
02905ProvidenceRI$429,527$2,0355.68%17.6+1.5%
02914East ProvidenceRI$434,107$1,9835.48%18.2+0.5%
02920CranstonRI$461,019$2,0465.33%18.8+0.6%
02911North ProvidenceRI$428,200$1,8865.29%18.9+1.0%
02919JohnstonRI$459,974$2,0195.27%19.0+1.2%
02915East ProvidenceRI$448,929$1,9615.24%19.1+2.5%

Top rental yields in all of Rhode Island →

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