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Housing market/Rhode Island/ZIP 02911

ACS 2023 · FY2027 SAFMR

ZIP 02911 North Providence, 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
14,963
Households
6,614
Median HH income
$85,803
Renter share
34.3%
Median gross rent
$1,480
Vacancy
4.1%
Pop. change
-5.7%
2BR SAFMR
$2,140
SAFMR / rent
1.446×
2–49 unit stock
1,851
LIHTC proj / units
—
HUD assisted MF
4 / 300

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 02911 · RI — sent to you.

ZIP 02911 · RI

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ACS rent vs 2BR SAFMR

ZIP 02911 — North Providence, RI HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,480
2BR SAFMR$2,140
90% floor$1,926
110% ceiling$2,354

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

Housing stock

ACS 2023 units-in-structure · ZCTA 02911

  • 1-unit detached3,96657.6%
  • 1-unit attached4556.6%
  • 2–4 units1,06815.5%
  • 5–49 units78311.4%
  • 50+ units5958.6%
  • Mobile140.2%
TypeUnitsShare
1-unit detached3,96657.5%
1-unit attached4556.6%
2 units (duplex)5628.2%
3–4 units5067.3%
5–9 units2533.7%
10–19 units3404.9%
20–49 units1902.8%
50+ units5958.6%
Mobile140.2%

2–4 unit share 15.5% · 5–49 unit share 11.4% · combined 2–49 26.8%.

Units by bedrooms

Studio
264
1BR
1,108
2BR
1,663
3BR
2,772
4BR
977
5+
110

Rent burden

Rent ≥30% of income32.8%
Rent ≥50% of income15.4%
  • ACS median gross rent $1,480 (all bedrooms, occupied rentals).
  • Median contract rent $1,235.
  • Renters paying ≥30% of income 32.8%; ≥50% 15.4%.
  • FY2027 2BR SAFMR $2,140 (1.446× ACS median gross rent).

Population

14,963 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -5.7%.

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: 4 properties, 300 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 02911 34.3% of occupied households are renters; vacancy is 4.1%; ACS median gross rent is $1,480; population changed -5.7% between the 2018 and 2023 ACS vintages; the housing stock includes 1,068 units in 2–4-unit structures and 783 units in 5–49-unit structures; FY2027 2BR SAFMR is $2,140 versus ACS median gross rent of $1,480. 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 02911 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 02911 — North Providence, 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 02911?

ZIP 02911 (Providence-Fall River, RI-MA HUD Metro FMR Area) has 14,963 residents, 6,614 households, a renter share of 34.3%, median household income of $85,803, and ACS 2023 median gross rent of $1,480. Vacancy is 4.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 02911?

ACS counts 562 units in 2-unit buildings, 506 in 3–4 unit buildings, 253 in 5–9, 340 in 10–19, and 190 in 20–49. Combined 2–49 unit stock is 1,851 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 02911?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,140. See the full schedule and 90–110% payment-standard band on the ZIP 02911 — North Providence, RI HUD Section 8 Payment Standards / SAFMR.

Does this Rhode Island ZIP profile include Georgia listings?

No. ZIP 02911 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.