Housing
New homes permitted, home values and rents, and the housing stock, from federal data.
Summary
- New homes permitted 65 In 2025
- Median home value $352K 2020–2024 · State $404K
- Median rent $1,200 A month, 2020–2024 · State $1,342
New homes permitted
Homes approved for construction each year by building permit, counted in housing units: a duplex is two. Some permitted homes are never built, and others take years to finish.
| Year | Homes | In buildings of 5+ |
|---|---|---|
| 2025 | 65 | 61 |
| 2024 | 27 | 25 |
| 2023 estimated | 2 | 0 |
| 2022 estimated | 1 | 0 |
| 2021 | 1 | 0 |
| 2020 partly estimated | 6 | 0 |
| 2019 | 8 | 0 |
| 2018 partly estimated | 2 | 0 |
| 2017 | 3 | 0 |
| 2016 | 0 | 0 |
So far in 2026, through Sep 2026: 41 homes, estimated.
Cities and towns report permits to the Census Bureau monthly or once a year. For months without a report, the Bureau estimates the count; those years are marked "partly estimated", and years with no reports at all "estimated".
Home values and rents
From the Census Bureau's American Community Survey, which samples households over five years (2020–2024). Each Central Falls figure has a margin of error (±) because it comes from a sample.
| Measure | Central Falls | Rhode Island |
|---|---|---|
| Median home value | $352,100±$30,455 | $404,200 |
| Median rent, per month | $1,200±$75 | $1,342 |
| Renters paying 30% or more of income on rent | 56.7%±8.2 | 48.0% |
| Renters paying 50% or more | 25.1%±6.2 | 23.8% |
Home value is what owners estimate their home would sell for. Rent is gross rent, including utilities the renter pays. Source: U.S. Census Bureau, ACS 2024 5-year, via Census Reporter (opens in new tab).
Housing stock
Homes in Central Falls by who lives in them, 2020–2024.
| Homes | Number | Share |
|---|---|---|
| Lived in by the owner | 1,965 | 23% |
| Rented | 5,718 | 68% |
| Vacant | 743 | 9% |
| of which seasonal or vacation homes | 14 | 0% |
| All homes | 8,426 | 100% |
Estimates from the American Community Survey.
About this page
Checked . Each source updates once or twice a year.
Source: U.S. Census Bureau, Building Permits Survey (opens in new tab).
Source: U.S. Census Bureau via Census Reporter (opens in new tab).