Commercial Real Estate Market in Cumberland, RI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
63 active listings and 677 off-market properties in Cumberland, RI. Commercial property asks $194/SF to buy and $16.50/SF/Yr to lease.
Market Trends
Cumberland, RI spans 26.5 square miles in Providence County, Rhode Island. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Cumberland, RI asks $163/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Retail
Retail space in Cumberland, RI asks $177/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Cumberland, RI runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Cumberland, RI asks $203/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Agricultural 50.2%
- Residential 33.7%
- Open space 8.2%
- Industrial 5.7%
- Commercial 2.1%
Largest Zones share of zoned land by district
Agricultural Medium Density
One Household Low Density
Agricultural Low Density
Open Space
Light Industrial
Agricultural Medium Density (A-2)
A-2: Agricultural Medium Density and One-Household District. This zoning district is intended for agricultural use and rural density single dwelling unit detached structures, located on lots with a minimum land area of 80,000 square feet. (c) Residential.
Market overview
Demographics & Economy
Cumberland, RI has 36,376 residents in 14,735 households. Density runs 1,374 people per square mile. Median household income here is $118,737 and median gross rent $1,251 a month.
36,376
Population
14,735
Households
2.5
Avg Household Size
43
Median Age
43%
College-Educated
92%
High-School Grad
26.5 sq mi
ZIP Area
1,374
Density / Sq Mi
$118,737
Median Household Income
$62,041
Median Earnings
$1,251
Median Rent
$394,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lincoln | $194 (county avg) | $20.47 |
| Woonsocket | $194 (county avg) | $13.52 |
| Central Falls | $194 (county avg) | — |
| North Smithfield | $194 (county avg) | $17.73 |
Commercial property in Cumberland, RI asks $194/SF. The 4 bordering markets run from $194/SF in Lincoln to $194/SF in Lincoln, and the city sits in line with their $194/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Cumberland?
Commercial property in Cumberland, RI asks an average of $194 per square foot. The 4 most recent recorded sales traded at a median of $176/SF, so asking sits 10% above the achieved median. Multifamily carries the highest asking price at $203/SF.
How much does it cost to lease commercial space in Cumberland?
Asking lease rates in Cumberland, RI average $16.50 per square foot per year.
How does Cumberland compare to nearby markets on price?
Cumberland, RI asks $194/SF against $194/SF in Lincoln, $194/SF in Woonsocket, $194/SF in Central Falls and $194/SF in North Smithfield.
Where does Realmo's Cumberland market data come from?
Realmo compiles Cumberland, RI figures from 5 recent recorded sales, 52 active sale listings, 11 active lease listings, 677 tracked off-market properties, the current Cumberland zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 52 active for-sale and 11 active for-lease listings in Cumberland, RI. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 17,749 zoned acres across 10 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
