Rhode Island Landlord & Investor Guide
Rhode Island offers compact, Providence-centered demand between Boston and the coast, with a moderate legal climate.
Income outlook
Providence drives most demand with proximity to Boston; the small market has limited but steady transaction volume.
Landlord-tenant law at a glance
| Security deposit cap | 1 month's rent. |
|---|---|
| Deposit return | Within 20 days of move-out. |
| Rent control | No statewide rent control. |
⚠️ General orientation only — not legal advice. Laws change and vary by city and county. Verify the current statute or consult an attorney before acting. Last reviewed 2026-06-04.
Eviction process
Rhode Island's eviction process is moderate and procedural.
Registering an LLC in Rhode Island
Filing agency
Rhode Island Secretary of StateApprox. filing fee
~$150 (Articles of Organization)
Good to know
Annual report (~$50) required.
Strategies that fit Rhode Island
Underwriting tip
Providence's Boston-adjacent demand anchors a small but steady Rhode Island market.
Free download
Get the free Rental Property ROI Calculator
The exact Excel workbook behind our calculators — Buy & Hold and BRRRR analyzers, all formulas included. Enter your email and it's yours.