The 2000 Census indicates that Rhode Island has a total of 408,424 occupied homes. 202,216 of these homes are occupied by the owner. 690 have a property value of $1,000,000 or more, or 0.3 percent. 2,893 homes are valued at $500,000 to $999,999, or 1.4 percent 9,547 are priced from $300,000 to $499,999, or 4.7 percent. 23,885 have a real estate value of $200,000 to $299,999, or 11.8 percent. The are 37,675 residences in the $150,000 to $199,000 price range, or 18.6 percent. 85,975 home owners in Rhode Island have homes valued from $100,000 to $149,999 (42.5 percent). The number of homes in the $50,000 to $99,999 price range is 39,809, or 19.7 percent. There are 1,742 properties priced at less than $50,000, or 0.9 percent.
In Rhode Island, 142,479 or 70.5 percent of home owners have a mortgage. The median monthly mortgage payment is $1,205. 59,737, or 29.5 percent of home owners have no mortgage.
Rhode Island has a total of 162,629 occupied rental units. The median rent per month is $553.
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