Home prices
The value of the median home in Central Falls is $159,100. It is roughly $82,260 (34%) lower in comparison to the surrounding areas.It is about $58,400 (26%) lower compared to the nation as a whole, and in comparison to the city of Boston it is roughly $373,600 (70%) lower.
Rents
In Central Falls the median monthly rent is $852. This is roughly $120 (12%) lower in comparison to the surrounding areas.It is roughly $210 (19%) lower compared to the nation as a whole, and it is roughly $768 (47%) lower compared to the city of Boston.
Nearby places
Pawtucket
Pawtucket is Central Falls's neighbor to the southeast. Its housing prices are somewhat more expensive. The median home in Pawtucket is valued at $194,600, which is $35,500 (18%) higher than Central Falls. Its rents are somewhat more expensive. In Pawtucket the median rent is $920 a month, which comes out to $68 (7%) higher than Central Falls.
Valley Falls
Valley Falls is Central Falls's neighbor to the north. Real estate prices there are substantially more expensive. The price of the median home in Valley Falls is $239,000, which is $79,900 (33%) higher than Central Falls. Rent there is similar. The median rent in Valley Falls is $876 per month, which is $24 (2%) higher than Central Falls.
Attleboro
Attleboro is Central Falls's neighbor to the northeast. Its housing prices are a lot more expensive. The value of the median home in Attleboro is $292,900, which is $133,800 (45%) higher than Central Falls. Its rents are a bit more expensive. The median monthly rent in Attleboro is $1,081, which comes out to $229 (21%) higher than Central Falls.
North Seekonk
North Seekonk is approximately 2 miles east of Central Falls. Real estate prices there are substantially more expensive. The median home in North Seekonk costs $280,000, which is $120,900 (43%) higher than Central Falls. Its rents are somewhat more expensive. In North Seekonk the median rent is $988 a month, which works out to $136 (13%) higher than Central Falls.
Providence
Providence is roughly 4 miles south from Central Falls. Its housing prices are a bit more expensive. Providence's median home cost is $200,300, which comes out to $41,200 (20%) higher than Central Falls. Its rents are a bit more expensive. Providence's median monthly rent is $994, which works out to $142 (14%) higher than Central Falls.