Providence-Warwick vs Springfield
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Springfield is 56% cheaper for renters. A 2-bedroom rents for $720/mo vs $1,122/mo in Providence-Warwick — saving $4,824/year.
Rent by Unit Size
| Unit Size | Providence-Warwick | Springfield | Difference |
|---|---|---|---|
| Studio | $784 | $490 | $294 |
| 1 Bedroom | $946 | $583 | $363 |
| 2 Bedrooms | $1,122 | $720 | $402 |
| 3 Bedrooms | $1,429 | $925 | $504 |
| 4 Bedrooms | $1,663 | $987 | $676 |
| Median Income | $69,693 | $37,539 | $32,154 |
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
Springfield
- Studio
- $490/mo
- 1 BR
- $583/mo
- 2 BR
- $720/mo
- 3 BR
- $925/mo
- 4 BR
- $987/mo
- Median Income
- $37,539/yr
Frequently Asked Questions
Is Providence-Warwick or Springfield cheaper to rent in?
Springfield is cheaper — a 2-bedroom Fair Market Rent is $720/mo vs $1,122/mo in Providence-Warwick. That's $402/mo or $4,824/year more expensive in Providence-Warwick (56% higher).
What is the 2-bedroom rent in Providence-Warwick vs Springfield?
The HUD Fair Market Rent for a 2-bedroom in Providence-Warwick is $1,122/month. In Springfield, a 2-bedroom FMR is $720/month.
How do incomes compare between Providence-Warwick and Springfield?
The median household income in Providence-Warwick is $69,693/year. In Springfield it is $37,539/year. Providence-Warwick has the higher median income.
What is the studio rent in Providence-Warwick vs Springfield?
A studio apartment Fair Market Rent in Providence-Warwick is $784/mo. In Springfield it is $490/mo.