Cheap New Apartments for Rent in Providence, RI from $500 (23 Rentals)

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Search the lowest-cost Apartments available for rent right now in Providence.

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Copley Chambers
Built in 2024Studio to 2 Bedroom Apartments

Copley Chambers

228 Broad StProvidence, RI 02903
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9 Euclid Ave
Built in 20201 Bedroom Apartments

9 Euclid Ave

9 Euclid AveProvidence, RI 02906
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The 91 Lofts
Built in 2018Studio Apartments

The 91 Lofts

91 Hartford AveProvidence, RI 02909
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18 8th St
Built in 2021Studio to 2 Bedroom Apartments

18 8th St

18 8th StProvidence, RI 02906
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101 Hillside Ave.
Built in 2017Studio to 2 Bedroom Apartments

101 Hillside Ave.

101 Hillside AveProvidence, RI 02906
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530 Broadway
Built in 20201 Bedroom Apartments

530 Broadway

530 BroadwayProvidence, RI 02909
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40 Jones St
Built in 20181 Bedroom Apartments

40 Jones St

40 Jones StProvidence, RI 02903
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12 Piedmont
Built in 20211 Bedroom Apartments

12 Piedmont

12 Piedmont StProvidence, RI 02909
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Lincoln Lofts
Built in 20211 to 2 Bedroom Apartments

Lincoln Lofts

90 Industrial CirLincoln, RI 02865
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Building 11
Built in 2017Studio to 2 Bedroom Apartments

Building 11

9-20 Newman AveRumford, RI 02916
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100 Dexter St
Built in 2016Studio to 2 Bedroom Apartments

100 Dexter St

100 Dexter StPawtucket, RI 02860
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125 Midway
Built in 20161 to 3 Bedroom Apartments

125 Midway

125 Midway RdCranston, RI 02920
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Providence, RI Local Guide

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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 a cheap apartment in Providence?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Providence is under $1,500.

What is the price of a cheap apartment in Providence?

The cheapest apartment in Providence is Paragon Mill which is listed at $1,003, while the average apartment in Providence costs $3,858.

What types of apartments are the cheapest in Providence?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3,255 regular apartments in Providence that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Providence?

Cheap apartments in Providence have an average cost of $367 which is $3,491 cheaper than the average rent for all rentals in Providence.

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.