JeffCroweCRE

Housing market/Rhode Island/ZIP 02852

ACS 2023 · FY2027 SAFMR

ZIP 02852 North Kingstown, Rhode Island

Providence-Fall River, RI-MA HUD Metro FMR Area · Rhode Island. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
23,269
Households
9,872
Median HH income
$112,457
Renter share
28.7%
Median gross rent
$1,188
Vacancy
6.8%
Pop. change
+5.6%
2BR SAFMR
$1,920
SAFMR / rent
1.616×
2–49 unit stock
2,641
LIHTC proj / units
9 / 797
HUD assisted MF
8 / 595

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 02852 · RI — sent to you.

ZIP 02852 · RI

By checking this box you agree that you may be referred to another real estate broker or related service and acknowledge that CENTURY 21 The Avenues licensees and/or affiliates may be paid a valuable consideration for facilitating such referral.

ACS rent vs 2BR SAFMR

ZIP 02852 — North Kingstown, RI HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,188
2BR SAFMR$1,920
90% floor$1,728
110% ceiling$2,112

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 02852

  • 1-unit detached6,63562.7%
  • 1-unit attached8568.1%
  • 2–4 units1,46013.8%
  • 5–49 units1,18111.2%
  • 50+ units890.8%
  • Mobile3603.4%
TypeUnitsShare
1-unit detached6,63562.7%
1-unit attached8568.1%
2 units (duplex)8397.9%
3–4 units6215.9%
5–9 units3583.4%
10–19 units4824.6%
20–49 units3413.2%
50+ units890.8%
Mobile3603.4%

2–4 unit share 13.8% · 5–49 unit share 11.2% · combined 2–49 24.9%.

Units by bedrooms

Studio
51
1BR
1,257
2BR
3,180
3BR
4,063
4BR
1,763
5+
275

Rent burden

Rent ≥30% of income39.0%
Rent ≥50% of income16.5%
  • ACS median gross rent $1,188 (all bedrooms, occupied rentals).
  • Median contract rent $1,106.
  • Renters paying ≥30% of income 39.0%; ≥50% 16.5%.
  • FY2027 2BR SAFMR $1,920 (1.616× ACS median gross rent).

Population

23,269 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +5.6%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 9 projects, 797 units.
  • HUD project-based assisted MF: 8 properties, 595 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 02852 28.7% of occupied households are renters; vacancy is 6.8%; ACS median gross rent is $1,188; population increased +5.6% between the 2018 and 2023 ACS vintages; the housing stock includes 1,460 units in 2–4-unit structures and 1,181 units in 5–49-unit structures; 9 LIHTC projects totaling 797 units; FY2027 2BR SAFMR is $1,920 versus ACS median gross rent of $1,188. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Rhode Island research

ZIP 02852 is a Census / HUD profile for Providence-Fall River, RI-MA, RI. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 02852 — North Kingstown, RI HUD Section 8 Payment Standards / SAFMR·Rhode Island ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
02703Providence-Fall River, RI-MA HUD Metro FMR Area33.9%$1,446$2,14002720Providence-Fall River, RI-MA HUD Metro FMR Area60.3%$1,177$1,80002721Providence-Fall River, RI-MA HUD Metro FMR Area65.3%$1,010$1,56002722Providence-Fall River, RI-MA HUD Metro FMR Area——$1,80002723Providence-Fall River, RI-MA HUD Metro FMR Area67.6%$1,058$1,66002724Providence-Fall River, RI-MA HUD Metro FMR Area66.0%$1,105$1,69002725Providence-Fall River, RI-MA HUD Metro FMR Area1.5%—$1,79002726Providence-Fall River, RI-MA HUD Metro FMR Area17.3%$1,316$1,89002760Providence-Fall River, RI-MA HUD Metro FMR Area28.7%$1,386$2,65002761Providence-Fall River, RI-MA HUD Metro FMR Area——$1,80002763Providence-Fall River, RI-MA HUD Metro FMR Area30.6%$1,692$2,00002769Providence-Fall River, RI-MA HUD Metro FMR Area9.3%$1,304$1,660

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Rhode Island research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 02852?

ZIP 02852 (Providence-Fall River, RI-MA HUD Metro FMR Area) has 23,269 residents, 9,872 households, a renter share of 28.7%, median household income of $112,457, and ACS 2023 median gross rent of $1,188. Vacancy is 6.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 02852?

ACS counts 839 units in 2-unit buildings, 621 in 3–4 unit buildings, 358 in 5–9, 482 in 10–19, and 341 in 20–49. Combined 2–49 unit stock is 2,641 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 02852?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,920. See the full schedule and 90–110% payment-standard band on the ZIP 02852 — North Kingstown, RI HUD Section 8 Payment Standards / SAFMR.

Does this Rhode Island ZIP profile include Georgia listings?

No. ZIP 02852 is Census / HUD research for Providence-Fall River, RI-MA HUD Metro FMR Area. Jeff Crowe CRE does not list Rhode Island property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.