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Providence Reporter

Friday, November 15, 2024

Providence 2-bedroom rent decreases by 5.2% in July

Re 6

Rental prices for 2-bedroom units in Providence decreased by 5.2 percent in July compared to the previous month, according to Zumper.

The average price for a 2-bedroom in Providence was $1,650, representing over the previous year.

According to RealPage, May of 2020 saw the first year over year decline in asking rents since 2010. While in September of 2020, the average home price on Realtor.com was over $350,000, up over 10 percent from the previous year according to Norada.

Single Bedroom Pricing
City NameMedian PriceMonthly Change %Annual Change %
Providence$1,47052.8

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