Greater Cumberland Hill, Rhode Island Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Greater Cumberland Hill, Rhode Island rental market.

Greater Cumberland Hill, Rhode Island

Average Apartment Rent

$2,308

Y-o-Y Change in Average
Apartment Rent

-4.4%

As of March 2026

Compared to a year ago, Greater Cumberland Hill, Rhode Island apartments have recorded a -4.4% rent decrease.

Greater Cumberland Hill, Rhode Island Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Cumberland Hill $2,131 $2,160 $2,262 $2,291 $2,351 $2,417 $2,429 $2,267 $2,308
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Cumberland Hill
National
Jul 2023
$2,131
$1,735
Nov 2023
$2,160
$1,724
Mar 2024
$2,262
$1,729
Jul 2024
$2,291
$1,750
Nov 2024
$2,351
$1,743
Mar 2025
$2,417
$1,749
Jul 2025
$2,429
$1,763
Nov 2025
$2,267
$1,749
Mar 2026
$2,308
$1,750

Greater Cumberland Hill, Rhode Island Average Apartment Rent

Greater Cumberland Hill, Rhode Island Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 44.49%, apartments priced $2,000 - $2,500 represent the bulk of Greater Cumberland Hill, Rhode Island rentals, while condos priced Over $3,000 hold the lowest share of the market – 6.03%.

Greater Cumberland Hill, Rhode Island Housing tenure**

Renter occupied housing units 477
Owner occupied housing units 2,873

Renters take up 14% of Greater Cumberland Hill, Rhode Island real estate, occupying a total of 477 units, while homeowners live in 2,873 properties.

Median number of rooms of renter-occupied housing units**

4.2

Renter median household income**

$37,266

Average household size of renter-occupied housing units**

2.09

Greater Cumberland Hill, Rhode Island Renter-occupied housing units by no. of bedrooms**

1 bed 219
2 beds 168
3 beds 50
5 or more beds 40

There are 219 rentals in Greater Cumberland Hill, Rhode Island with 1 bed making up the highest share of the market, at 46%. Units with 5 or more beds, on the other hand, hold the lowest percentage (8%), amounting to 40 units. Overall, the median number of rooms in Greater Cumberland Hill, Rhode Island homes for rent is 4.2.

Greater Cumberland Hill, Rhode Island Renter-occupied units by age of householder**

25 - 34 years 15
35 - 44 years 143
45 - 54 years 49
55 - 59 years 17
60 - 64 years 61
65 - 74 years 61
75 - 84 years 112
85 years and over 19

Most condos for rent in Greater Cumberland Hill, Rhode Island are occupied by residents in the 35 - 44 years age group (30%), followed by those in the 75 - 84 years age group (23%). At the same time, people in the 25 - 34 years age group make up the lowest share of the local rental market – 3%.

Greater Cumberland Hill, Rhode Island Renter-occupied housing units by family type**

Family households 176
Non-Family Households 301

Greater Cumberland Hill, Rhode Island Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 102
No related children of the householder under 18 375

A total of 176 apartments for rent in Greater Cumberland Hill, Rhode Island, or 37% of all rentals are family households. Additionally, 21% of rental homes include children under the age of 18 – that’s 102 units. All in all, the median size of a renter-occupied household in Greater Cumberland Hill, Rhode Island is 2.09.

Greater Cumberland Hill, Rhode Island Renter-occupied housing units by educational attainment**

Less than high school graduate 165
High school graduate (including equivalency) 121
Some college or associate's degree 151
Bachelor's degree or higher 40

In terms of education, renters holding bachelor degrees or higher make up 8% of the rental market. In contrast, residents with less than a high school degree reside in 35% of the homes for rent in Greater Cumberland Hill, Rhode Island.

Greater Cumberland Hill, Rhode Island Renter-occupied units by year structure built**

Built 2000 - 2009 20
Built 1990 - 1999 42
Built 1980 - 1989 98
Built 1970 - 1979 107
Built 1960 - 1969 83
Built 1950 - 1959 97
Built 1939 or earlier 30

The highest share of Greater Cumberland Hill, Rhode Island apartment rentals, namely 22% or 107 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (21%, 98 units), and the ones Built 1950 - 1959 (20%, 97 units).

Greater Cumberland Hill, Rhode Island Renter-occupied units by year householder moved in**

Moved in 2021 or later 65
Moved in 2018 to 2020 12
Moved in 2010 to 2017 259
Moved in 2000 to 2009 102
Moved in 1990 to 1999 39

Median year renter moved into unit 2013

Most Greater Cumberland Hill, Rhode Island renters (54%) moved in 2010 to 2017, while only 3% of them moved in 2018 to 2020. Overall, the median year renters have occupied their Greater Cumberland Hill, Rhode Island condos for rent is 2013.

Greater Cumberland Hill, Rhode Island Renter-occupied housing units by vehicles available**

No vehicle available 31
1 vehicle available 277
2 vehicles available 160
3 or more vehicles available 9

When it comes to transportation options, 58% of Greater Cumberland Hill, Rhode Island renters have 1 vehicle available per household, 34% of them have 2 vehicles available, and 6% have No vehicle available.

Greater Cumberland Hill, Rhode Island Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 265
Car, truck, or van - carpooled 58
Worked at home 10

Greater Cumberland Hill, Rhode Island Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 686
Moved within same county 238
Moved from different state 33

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Greater Cumberland Hill, Rhode Island apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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