RentYield Atlas

ZIP 02909 — Providence, RI: rental yield & market data

Gross rental yield of 6.15% — ranked #5 of 37 Rhode Island ZIP codes. June 2026 data.

Gross rental yield
6.15%
Home value
$390,149
Market rent / mo
$2,000
Price-to-rent
16.3

Trend

Metric1-year change5-year change
Home value+1.9% +40.2%
Market rent+2.5% +38.4%

Metro: Providence-Warwick, RI-MA · County: Providence County · Annual rent: $24,000

Comparable ZIP codes in Rhode Island

Similar home values, sorted by yield — the cheapest way to see if 02909 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
02861PawtucketRI$408,508$1,9325.67%17.6+1.3%
02907ProvidenceRI$407,538$1,9105.63%17.8+2.7%
02904North ProvidenceRI$405,983$1,9035.62%17.8+1.7%
02860PawtucketRI$398,939$1,8445.55%18.0+0.4%
02893West WarwickRI$411,870$1,9015.54%18.1+4.8%
02863Central FallsRI$385,479$1,7215.36%18.7+1.1%
02910CranstonRI$413,054$1,8405.35%18.7-0.8%
02895WoonsocketRI$393,571$1,6845.13%19.5-0.5%

Top rental yields in all of Rhode Island →

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