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Best places to buy a rental property in Rhode Island

Ranked by the engine's tracked 5-year appreciation across 10 covered markets in Rhode Island, snapshot 2026-10-29. Appreciation history is context, not a forecast.
MarketHome value3y5y10yActive listings
Providence$411,14018.7%42.8%162.2%-
East Providence$451,11715.6%36.7%116.7%-
South Kingstown$684,49715.3%35.6%96.4%-
Hopkinton$466,20818.5%34.6%102.1%-
Woonsocket$402,58313.4%34.0%136.4%-
Lincoln$451,88317.6%33.5%116.4%-
Pawtucket$407,28615.9%33.4%121.1%-
Cumberland$503,94517.1%33.3%104.9%-
Burrillville$453,28316.1%32.6%109.0%-
Newport$589,53510.6%31.3%113.8%-

Full list: every tracked market in Rhode Island with 5-year appreciation data below.

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All figures are engine estimates from the LumosTerra tracked-data snapshot as of 2026-10-29. They are starting points, not recommendations - verify rents, comps and local rules before acting on any of them.

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