Providence-Warwick vs Salem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Providence-Warwick is 1% cheaper for renters. A 2-bedroom rents for $1,122/mo vs $1,137/mo in Salem — saving $180/year.
Rent by Unit Size
| Unit Size | Providence-Warwick | Salem | Difference |
|---|---|---|---|
| Studio | $784 | $741 | $43 |
| 1 Bedroom | $946 | $913 | $33 |
| 2 Bedrooms | $1,122 | $1,137 | $15 |
| 3 Bedrooms | $1,429 | $1,411 | $18 |
| 4 Bedrooms | $1,663 | $1,615 | $48 |
| Median Income | $69,693 | $53,953 | $15,740 |
Providence-Warwick
- Studio
- $784/mo
- 1 BR
- $946/mo
- 2 BR
- $1,122/mo
- 3 BR
- $1,429/mo
- 4 BR
- $1,663/mo
- Median Income
- $69,693/yr
Salem
- Studio
- $741/mo
- 1 BR
- $913/mo
- 2 BR
- $1,137/mo
- 3 BR
- $1,411/mo
- 4 BR
- $1,615/mo
- Median Income
- $53,953/yr
Frequently Asked Questions
Is Providence-Warwick or Salem cheaper to rent in?
Providence-Warwick is cheaper — a 2-bedroom Fair Market Rent is $1,122/mo vs $1,137/mo in Salem. That's $15/mo or $180/year more expensive in Salem (1% higher).
What is the 2-bedroom rent in Providence-Warwick vs Salem?
The HUD Fair Market Rent for a 2-bedroom in Providence-Warwick is $1,122/month. In Salem, a 2-bedroom FMR is $1,137/month.
How do incomes compare between Providence-Warwick and Salem?
The median household income in Providence-Warwick is $69,693/year. In Salem it is $53,953/year. Providence-Warwick has the higher median income.
What is the studio rent in Providence-Warwick vs Salem?
A studio apartment Fair Market Rent in Providence-Warwick is $784/mo. In Salem it is $741/mo.