The stationary state of stochastic processes such as reaction-diffusion sys
tems can be related to the ground state of a suitably defined quantum Hamil
tonian. Using this analogy, we investigate the applicability of a real-spac
e renormalization group approach, originally developed for quantum spin sys
tems, to interacting particle systems. We apply the technique to an exactly
solvable reaction-diffusion system and to the contact process (both in d =
1). In the former case, several exact results are recovered. For the conta
ct process, surprisingly good estimates of critical parameters are obtained
from a small-cell renormalization.