I'd say, kinda ya. In some of the nicer parts of town homes are pretty competitive. Plus I feel the loft style places are definitely the hot commodity right now. For people looking for good transportation or walk ability I'd say it's ok, but some places are pretty dodgey to be walking around to be honest. One such area I feel will likely turn around soon is near the new mbta station opening late January. It will be a 6 min ride to downtown Providence for $2.75. lots of loft places nearby and probably more to come