17 census tracts
Cranston.Rhode Island housing market
This Cranston housing market report covers about 33,800 homes across 17 census tracts. Home prices are climbing 8.3% a year, the 2nd fastest of the 139 markets PriceDNA tracks. For August 2026, the average listing price is $643,095 across 97 active listings (Realtor.com Economic Research, Monthly Housing Inventory).
- Average listing price
- $643,095 97 active listings · Realtor.com Economic Research, Monthly Housing Inventory · August 2026
- Approximate homes
- 33,800 across 17 assigned tracts
- Renter-occupied
- 32% of occupied homes
Cranston housing market context
- Only 3.7% of homes are vacant, lower than in 133 of the 139 markets.
- Owners occupy most homes; renters hold 32%, lower than in 131 of the 139 markets.
- The median census tract scores 85.1 on the PriceDNA Location Score™, higher than in 130 of the 139 markets.
These are city-level figures. To see how one property measures up against your goal, run a specific address.
Location score distribution
How location scores vary across 17 census tracts in Cranston.
Half of Cranston's tracts score between 82 and 90. The full range spans 77 to 94, with a median of 85.1.
What the location score shows
PriceDNA Location Score™ is a 0 to 100 signal designed to summarize local strength and risk context for rental-property analysis. Higher scores generally point to stronger location fundamentals.
The middle half of Cranston's tracts is 7.3 points wide on the score, wider than in 109 of the 139 markets PriceDNA tracks.
To see the location score for your specific property, analyze a property
Housing composition
Key housing statistics for approximately 33,800 homes in Cranston, including occupancy, tenure, and structure type.
Of about 33,800 homes, 3.7% are vacant. Among occupied homes, 32% are renter-occupied, providing context on the size of the local rental base.
By structure type, about 66% of Cranston’s housing units are in single-family structures, 18% in small multifamily buildings (2 to 4 units), and 16% in larger multifamily buildings (5+ units). Percentages are rounded; small residual structure categories are not shown.
How Cranston compares
Cranston's median is above the Rhode Island median on 2 of these 8 measures and above the U.S. median on 5. The city range shows the lower quarter, median and upper quarter of its census tracts.
| Metric | Cranston lower · median · upper Cranston | Rhode Island RI | United States US |
|---|---|---|---|
|
Census ACS B19013 · 2020 to 2024
|
$84,173 $88,843 $95,092 | $89,328 | $77,171 |
|
Census ACS B15003 · 2020 to 2024
|
40% 43% 52% | 43% | 41% |
|
Census ACS B01001 · 2020 to 2024
|
32% 33% 36% | 33% | 32% |
|
FHFA HPI · 2025
|
7.8% 8.3% 9.0% | 7.8% | 5.2% |
|
HUD SAFMR · 2018 to 2027 + Census ACS B25064 · 2014 to 2024
|
2.9% 3.6% 4.2% | 4.2% | 3.8% |
|
Census ACS B25103 · 2020 to 2024 + Lincoln Institute
|
2.22% every tract | 2.22% | 1.65% |
|
Census ACS B25141 · 2020 to 2024 + U.S. Treasury FIO
|
0.50% 0.50% 0.53% | 0.53% | 0.56% |
|
Census ACS B25064 + B19013 · 2020 to 2024
|
25.5% 28.5% 29.7% | 30.0% | 30.8% |
About this data
PriceDNA uses the most local reliable data available for each metric. Some signals are available at the census-tract level. Others are published or more reliable at broader geographies such as county, metro, state, or national level.
Housing-unit totals are approximate. PriceDNA sums Census ACS counts for the tracts assigned to the city by centroid, so the market total can differ from a municipal boundary count when a tract crosses the city line.
The property-tax assumption combines local residential tax data with a state-level apartment benchmark to provide more conservative context for rental-property underwriting. Insurance assumptions use available residential property insurance data and should be verified for the specific property and coverage.
These pages are designed for market screening and investor education. They do not replace property-level underwriting, inspections, appraisals, insurance quotes, lender review, or professional advice.
Nearby markets
Market pages for other cities within 300 miles.
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