JeffCroweCRE

Housing market/Rhode Island/ZIP 02857

ACS 2023 · FY2027 SAFMR

ZIP 02857 North Scituate, 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
8,095
Households
3,381
Median HH income
$108,813
Renter share
16.8%
Median gross rent
$1,463
Vacancy
4.7%
Pop. change
-7.3%
2BR SAFMR
$2,080
SAFMR / rent
1.422×
2–49 unit stock
268
LIHTC proj / units
—
HUD assisted MF
1 / 24

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 02857 · RI — sent to you.

ZIP 02857 · RI

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ACS rent vs 2BR SAFMR

ZIP 02857 — North Scituate, RI HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,463
2BR SAFMR$2,080
90% floor$1,872
110% ceiling$2,288

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

Housing stock

ACS 2023 units-in-structure · ZCTA 02857

  • 1-unit detached3,24491.4%
  • 1-unit attached371.0%
  • 2–4 units1554.4%
  • 5–49 units1133.2%
TypeUnitsShare
1-unit detached3,24491.4%
1-unit attached371.0%
2 units (duplex)972.7%
3–4 units581.6%
5–9 units882.5%
10–19 units00.0%
20–49 units250.7%
50+ units00.0%
Mobile00.0%

2–4 unit share 4.4% · 5–49 unit share 3.2% · combined 2–49 7.6%.

Units by bedrooms

Studio
0
1BR
182
2BR
771
3BR
1,868
4BR
601
5+
127

Rent burden

Rent ≥30% of income46.0%
Rent ≥50% of income25.6%
  • ACS median gross rent $1,463 (all bedrooms, occupied rentals).
  • Median contract rent $1,235.
  • Renters paying ≥30% of income 46.0%; ≥50% 25.6%.
  • FY2027 2BR SAFMR $2,080 (1.422× ACS median gross rent).

Population

8,095 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -7.3%.

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

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: 1 properties, 24 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 438 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 02857 16.8% of occupied households are renters; vacancy is 4.7%; ACS median gross rent is $1,463; population changed -7.3% between the 2018 and 2023 ACS vintages; the housing stock includes 155 units in 2–4-unit structures and 113 units in 5–49-unit structures; FY2027 2BR SAFMR is $2,080 versus ACS median gross rent of $1,463. 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 02857 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 02857 — North Scituate, 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 02857?

ZIP 02857 (Providence-Fall River, RI-MA HUD Metro FMR Area) has 8,095 residents, 3,381 households, a renter share of 16.8%, median household income of $108,813, and ACS 2023 median gross rent of $1,463. Vacancy is 4.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 02857?

ACS counts 97 units in 2-unit buildings, 58 in 3–4 unit buildings, 88 in 5–9, 0 in 10–19, and 25 in 20–49. Combined 2–49 unit stock is 268 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 02857?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,080. See the full schedule and 90–110% payment-standard band on the ZIP 02857 — North Scituate, RI HUD Section 8 Payment Standards / SAFMR.

Does this Rhode Island ZIP profile include Georgia listings?

No. ZIP 02857 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.