Cheap Apartments for Rent in Providence, RI from $500(143 Rentals)

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206 California Ave
$9501 Bedroom, 1 Bath Home for RentAvailable Now

206 California Ave

Providence, RI 02905
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387 Branch Ave
$1,6502 Bedroom, 1 Bath Home for RentAvailable Now

387 Branch Ave

Providence, RI 02904
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266-270 Wickenden St
from $5001 Bedroom Apartments

266-270 Wickenden St

266-270 Wickenden StProvidence, RI 02903
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East Side Apartments
from $1,000Studio to 1 Bedroom Apartments

East Side Apartments

83 Doyle AveProvidence, RI 02904
Senior Living
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9 Euclid Ave
from $1,0001 Bedroom Apartments

9 Euclid Ave

9 Euclid AveProvidence, RI 02906
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382 Brook St
from $1,0501 to 4 Bedroom Apartments

382 Brook St

382 Brook StProvidence, RI 02906
Furnished
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The Plant
from $1,095Studio to 1 Bedroom Apartments

The Plant

60 Valley StProvidence, RI 02909
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The 91 Lofts
from $1,100Studio Apartments

The 91 Lofts

91 Hartford AveProvidence, RI 02909
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280 Benefit St
from $1,100Studio to 2 Bedroom Apartments

280 Benefit St

280 Benefit StProvidence, RI 02903
Student Housing
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18 8th St
from $1,150Studio to 2 Bedroom Apartments

18 8th St

18 8th StProvidence, RI 02906
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176 Atlantic Ave
from $1,2001 Bedroom Apartments

176 Atlantic Ave

176 Atlantic AveProvidence, RI 02907
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Alumni East Apartments
from $1,2252 Bedroom Apartments

Alumni East Apartments

331 Hope StProvidence, RI 02906
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Omni Point Apartments
from $1,2302 to 3 Bedroom Apartments

Omni Point Apartments

327 Point StProvidence, RI 02903
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Providence, RI Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Providence, RI

Pricing Updated: 12/26/2024

Current apartment rentals in the Providence, RI area range in price from $200 to $27,330 with an overall median price of $3,773. The three Providence neighborhoods with the lowest median rent pricing are Hartford at $553, Silver Lake at $1,550, and South Elmwood at $1,300. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Providence Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Hartford$2,030$55323
Silver Lake$2,050$1,5505
South Elmwood$2,100$1,3003
495 South$2,150$1,2003
Elmwood$2,150$1,2004
Warwick West Warwick$2,200$90082
Washington Park$2,225$9506
Lower South Providence$2,438$1,2303
Mount Pleasant$2,700$1,4502
Elmhurst$3,000$1,04517

Cheapest Available Providence Apartments for Rent

 

The cheapest available apartment rental in Providence, RI is a Studio unit found at Tempo in the Fox Point neighborhood priced from $899. Angell Street Apartments in the College Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,075. Here is today’s list of the most affordable Providence apartments for rent:

Apartment ListingModel NameBed/BathPriced From
TempoStudioStudio,1BA$899
Angell Street Apartments292 Roommate Wanted1BR,1BA$1,075
Mansion House (Riverside)1 Bedroom1BR,1BA$1,360
The Case-Mead LoftsMicroloftStudio,1BA$1,400

Best Value Apartments for Rent in Providence, RI

As of December 26, 2024 the best value apartment in the Providence area is the $1.62 price per square foot 374 Robinson Ave Model at 374 Robinson Ave, Unit 2 in the in the Darlington neighborhood starting from $3,400. The second greatest value Providence apartment is the 2 Bed 1 Bath Model at American Wire starting at $1,955 with a $1.16 price per square foot in the Darlington neighborhood. Here is today’s list of the best values for Providence apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
374 Robinson Ave, Unit 2374 Robinson Ave4BR,2BA$1.62
American Wire2 Bed 1 Bath2BR,1BA$1.16
711 Academy Ave, Unit 2711 Academy Ave3BR,1BA$1.66
74 Sharon St, Unit 274 Sharon St3BR,1BA$1.57
The Lofts at Pontiac MillsOne Bedroom - Loft1BR,1BA$1.59
522 York Ave, Unit 2522 York Ave3BR,1BA$1.38
100 Spruce St, Unit # apartment 4100 Spruce St3BR,1BA$0.92
889 York Ave, Unit 2889 York Ave3BR,1BA$1.58
106 Carpenter St, Unit 3106 Carpenter St2BR,1BA$1.37
36 Richter St, Unit 236 Richter St2BR,1BA$1.39

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Providence Overview

Rhode Island’s capital and New England’s third-largest city, Providence combines big city amenities with small town livability. The city’s transformation into a destination for smart, passionate artists and artisans sees it regularly outperform cities like Boston and New York in quality of life--whether that’s outstanding food or internationally recognized arts events. Providence’s storied history, thriving arts scene and robust nightlife make it a strong draw for creatives of all stripes, and its world-class schools—including Brown University and Rhode Island School of Design—ensure the constant influx of new and exciting people and ideas. Life in Providence apartments is truly an experience to be had!

Why live in Providence, RI?

Providence is one of the most dynamic, affordable cities on the East Coast. Its location means you can work in downtown Boston but live in Providence apartments at a fraction of the price--and still have a shorter, easier commute than many Boston residents! Its food scene is consistently ranked among the best in the nation. The culture is as exciting, diverse, and fun as you could expect from a big city. And whether you know it or not, Rhode Island has the best beaches in New England (yes, they’re even better than Cape Cod)!

Providence, RI
Population: 179,335

Ranked #144

in US Census Population by City

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Pet Friendly Lifestyle

Ranked #

Pet Friendliness Lifestyle Score

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Providence, RI Rentals by Map

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Getting Around Providence, RI

Walk Score®

84 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

65 / 100

Bikeable

Some bike infrastructure

Transit Score®

52 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Providence Apartments

What is the Cheapest Studio apartment in Providence?

Currently the most affordable Cheap Studio Apartment in Providence is at Tempo listed at $899.

How much is rent for a Cheap One Bedroom Providence Apartment?

The lowest price for a Cheap One Bedroom Providence Apartment is $1,075 at Angell Street Apartments.

What is the lowest price for a Cheap Two Bedroom Providence Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Providence is starting from $1,402 at Tempo.

What is the most affordable Providence Three Bedroom Apartment?

The best deal on a cheap Providence Three Bedroom Apartment rental is at Parkview and starts from $2,150.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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