Submitted by Ciabattabunns t3_yi9qrd in providence
FunLife64 t1_iujc5qc wrote
Reply to comment by Phil_Bell69 in Providence 14th most expensive city by Ciabattabunns
It’s not misleading to say rents have gone up, it’s misleading because Providence is so small as a land area, it’s basically like taking only the inner 25% of DC and calculating housing prices. For a city like Dc or Oakland, if you did a similar land area for Providence you’d be including East Providence, Pawtucket, etc.
You can live within 5 minutes of downtown Providence and not actually live in PVD.
Rents have gone up most places, yes, but to use this ranking is a bit misleading because it’s looking at such a sliver of this area (the Providence metro is considered to be most of the state). Usually housing so close to the downtown area of a city is more pricey, so this kinda makes sense that looking at only 20 sq miles will lead to a pretty high price.
Phil_Bell69 t1_iujjrbo wrote
That’s a very fair point and I agree.
I still think regardless of land mass, Providence has gotten really expensive. I also think within the city limits, providence has a very wide range of economic conditions. One would think some of the less desirable areas would decrease the overall average rent.
FunLife64 t1_iujkvn3 wrote
This also only looks at one bedrooms. This typically = apartment buildings. Apartment buildings in PVD are mostly downtown with a smattering of small ones on the East Side in Wayland Sq and a few of the loft buildings around PVD. There’s one bedrooms here or there within multi families, but it’s not a high quantity.
digitalbulet t1_iujpzdt wrote
To add on to your point, you could combine Pawtucket, CF, north providence, and providence and still only be at 35 sq miles.
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