True Mortgage Cost

Rhode Island Mortgage Guide

Everything you need to know about getting a mortgage in Rhode Island: property tax landscape, closing costs, and first time buyer programs.

At a glance

Rhode Island by the numbers

Median home value
$370,000
Effective property tax rate
1.30%
Median annual property tax
$5,045
Avg. homeowners insurance
$1,700/yr
Transfer tax
0.460%
Attorney required at closing
No

Tools

Rhode Island calculators