The Rhode Island housing crisis has hit a new, significant low: a complete lack of affordable housing for both renters and buyers.
The 2025 Housing Fact Book, which is released by the research group HousingWorks RI at Roger Williams University, reports that this year, renters making the median income in Rhode Island, which is around $49,000, are entirely priced out.
“It was getting to be only, you know, three towns, two towns left where someone could afford maybe a two-bedroom apartment,” said Ted Nesi, politics editor and investigative reporter at WPRI, the CBS affiliate in Rhode Island. “But this is the first year that they didn’t find a single place where the numbers matched up to affordably rent and not a single place to affordably buy.”…