During the Narragansett Town Council work session on September 8, 2025, discussions centered around the local housing market and its implications for residents, particularly students. The meeting highlighted a concerning trend in housing prices, with the average home price in Rhode Island dropping to $369,000, while the median price remains significantly higher at $757,000. This reflects a 10.4% increase in Narragansett, raising alarms about affordability for families and students alike.

Council members noted that while the overall housing market in Rhode Island has only seen a modest increase of 4.2%, Narragansett's figures suggest a more pronounced rise, which could impact the community's economic landscape. The chair emphasized the importance of understanding these trends, especially as students often seek off-campus housing. Research presented during the meeting indicated that students moving off campus could save between $5,900 and $11,000 annually, a substantial amount that could influence their financial decisions and overall quality of life.

Additionally, the council discussed the economic contributions of students who remain in the community, underscoring their role in local spending. This aspect is crucial as it highlights the interconnectedness of housing affordability and the economic vitality of Narragansett.

As the council continues to address these pressing issues, the focus remains on finding solutions that balance housing availability with affordability, ensuring that both families and students can thrive in the community. The discussions from this meeting will likely inform future policies aimed at supporting residents in navigating the challenges of the current housing market.