Home prices
The median home in Cranston is valued at $243,500. Compared to its nearby areas it is about $18,060 (8%) higher.In comparison to the entire nation it is about $26,000 (11%) higher, and is about $289,200 (54%) lower compared to the city of Boston.
Rents
In Cranston the median rent is $1,070 a month. It is roughly $24 (2%) higher in comparison to nearby areas.In comparison to the rest of the nation it is is very similar, and is roughly $550 (33%) lower compared to the city of Boston.
Nearby places
Warwick
Warwick is Cranston's neighbor to the southeast. Real estate prices there are somewhat less expensive. The median home price in Warwick is $225,300, which is $18,200 (8%) lower than Cranston. Its rents are somewhat more expensive. Warwick's median rent is $1,167 per month, which works out to $97 (8%) higher than Cranston.
Providence
Providence is Cranston's neighbor to the northeast. Real estate prices there are somewhat less expensive. The cost of the median home in Providence is $200,300, which comes out to $43,200 (21%) lower than Cranston. Rent there is a little less expensive. Providence's median rent is $994 per month, which works out to $76 (7%) lower than Cranston.
East Providence
East Providence is approximately 6 miles northeast of Cranston. Housing prices there are a bit less expensive. The median home in East Providence costs $221,700, which works out to $21,800 (9%) lower than Cranston. Its rents are somewhat less expensive. East Providence's median rent is $974 per month, which is $96 (9%) lower than Cranston.
Greenville
Greenville is about 8 miles north of Cranston. Its real estate prices are somewhat more expensive. The median home price in Greenville is $285,300, which comes out to $41,800 (14%) higher than Cranston. The rent there is a little more expensive. Greenville's median monthly rent is $1,177, which comes out to $107 (9%) higher than Cranston.
Pawtucket
Pawtucket is approximately 8 miles northeast from Cranston. The housing prices there are a little less expensive. The cost of the median home in Pawtucket is $194,600, which works out to $48,900 (25%) lower than Cranston. Its rents are a little less expensive. Pawtucket's median monthly rent is $920, which is $150 (16%) lower than Cranston.