2026 Affordability Data
Most Affordable Neighborhoods in Central Falls - 2026 Data
The median home value in Central Falls is $244,100, 13% below nat'l avg. Median rent is $1,129/month. With an affordability index of 132, Central Falls is more affordable than the national baseline of 100. We ranked 7 neighborhoods by affordability to help you find the best value in the Central Falls, RI area.
Key Takeaways: Affordability in Central Falls
- 1The most affordable neighborhood in Central Falls is Pawtucket, with a median home value of $266,300.
- 2Central Falls's median home value is $244,100, 13% below nat'l avg (national: $281,900).
- 3Central Falls's affordability index is 132 (baseline 100), making it more affordable than the national average.
- 4Median rent in Central Falls is $1,129/month, 3% below nat'l avg (national: $1,163/month).
- 5We analyzed 7 neighborhoods in Central Falls to find the most affordable areas based on home values, rent, and affordability index.
Central Falls Affordability Overview
Median Home Value
$244,100
13% below nat'l avg
Median Rent
$1,129/mo
3% below nat'l avg
Median Income
$43,092
42% below nat'l avg
Affordability Index
132
32% above nat'l avg
Most Affordable Neighborhoods in Central Falls (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | PawtucketRI | $266,300 |
| 2 | WoonsocketRI | $241,000 |
| 3 | CranstonRI | $326,000 |
| 4 | WarwickRI | $294,400 |
| 5 | East ProvidenceRI | $286,400 |
| 6 | NewportRI | $520,000 |
| 7 | ProvidenceRI | $265,000 |
Detailed Neighborhood Profiles
Home Value: $266,300
Rent: $1,129/mo
Affordability: 132
Population: 75,176
Walk Score: 41/100
Home Value: $241,000
Rent: $1,129/mo
Affordability: 132
Population: 43,029
Walk Score: 41/100
Home Value: $326,000
Rent: $1,129/mo
Affordability: 132
Population: 82,691
Walk Score: 41/100
4
Home Value: $294,400
Rent: $1,129/mo
Affordability: 132
Population: 82,783
Walk Score: 41/100
5
Home Value: $286,400
Rent: $1,129/mo
Affordability: 132
Population: 47,012
Walk Score: 41/100
6
Home Value: $520,000
Rent: $1,570/mo
Affordability: 56
Population: 24,672
Walk Score: 96/100
7
Home Value: $265,000
Rent: $1,688/mo
Affordability: 40
Population: 190,934
Walk Score: 99/100
Frequently Asked Questions About Affordability in Central Falls
What is the most affordable neighborhood in Central Falls, RI?▾
Based on 2026 data, Pawtucket is the most affordable neighborhood in Central Falls with a median home value of $266,300. Kurby analyzed 7 neighborhoods in the Central Falls area to compile these rankings.
What is the median home price in Central Falls, RI?▾
The median home price in Central Falls is $244,100, which is 13% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Central Falls affordable compared to the national average?▾
Central Falls has an affordability index of 132, which means housing is more affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Central Falls, RI?▾
The median monthly rent in Central Falls is $1,129. This is 3% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Central Falls?▾
The median household income in Central Falls is $43,092 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Central Falls are below the national average home price?▾
3 out of 7 ranked neighborhoods in Central Falls have a median home value below the national average of $281,900. The most affordable is Pawtucket at $266,300 (Source: Kurby, 2026).