Cheap Apartments for Rent in the Downcity Neighborhood of Providence, RI from $500 (81 Rentals)

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

property at 20 Social St

20 Social St

ProvidenceRI02904
property at 126 Waterman St

126 Waterman St

ProvidenceRI02906
property at 387 Branch Ave

387 Branch Ave

ProvidenceRI02904
property at 19 Joy St

19 Joy St

ProvidenceRI02908
property at 509 Washington St

509 Washington St

ProvidenceRI02903
property at 54 Sutton St

54 Sutton St

ProvidenceRI02903
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Copley Chambers
Studio to 2 Bedroom Apartments

Copley Chambers

228 Broad StProvidence, RI 02903
  • Utilities Included
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East Side Apartments
Studio to 1 Bedroom Apartments

East Side Apartments

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

9 Euclid Ave

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

382 Brook St

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

The Plant

60 Valley StProvidence, RI 02909
  • Utilities Included
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The 91 Lofts
Studio Apartments

The 91 Lofts

91 Hartford AveProvidence, RI 02909
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280 Benefit St
Studio to 2 Bedroom Apartments

280 Benefit St

280 Benefit StProvidence, RI 02903
Student Housing
Showing Results 1-50, Page 1 of 2

Downcity, Providence, RI Local Guide

Cheapest Available Downcity Apartments for Rent

 

The cheapest available apartment rental in the Downcity area of Providence, RI is a 1 Bed unit found at Paragon Mill priced from $1,003. Angell Street Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,075. Here are the most affordable Downcity apartments for rent in Providence, RI:

Apartment ListingModel NameBed/BathPriced From
Paragon Mill1BR 1BA1BR,1BA$1,003
Angell Street Apartments292 Roommate Wanted1BR,1BA$1,075
The Case-Mead LoftsMicroloftStudio,1BA$1,300
110 Benefit Street Apartment HomesStudioStudio,1BA$1,465
Hillside Terrace Apartments1x1b1BR,1BA$1,500
The StudleyMurphy Bed StudioStudio,1BA$1,500
Bell Tower PlaceStudioStudio,1BA$1,600
Douglas Apartments-An Active Adult Community2x1.5 Granite, Laminate2BR,1BA$1,600
Charles LandingStudioStudio,1BA$1,625
Westwood Manor2 Beds, 1 bath2BR,1BA$1,650

Best Value Apartments for Rent in Downcity, RI

As of March 28, 2025 the best value apartment in the Downcity area is the $1.54 price per square foot 3BR 2BA Model at Paragon Mill in the in the Manton neighborhood starting from $2,425. The second greatest value Downcity apartment is the 2 Bed 1.5 Bath Model at US Rubber Lofts starting at $2,275 with a $1.67 price per square foot in the College Hill neighborhood. Here is today’s list of the best values for Downcity apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Paragon Mill3BR 2BA3BR,2BA$1.54
US Rubber Lofts2 Bed 1.5 Bath2BR,1.5BA$1.67
141 4th St, Unit 2nd floor141 4th St2BR,1BA$1.76
222 Howell St, Unit Second Floor222 Howell St2BR,1BA$1.75
26 Cypress St, Unit Cypress 526 Cypress St3BR,1BA$1.46
Douglas Apartments-An Active Adult Community2x1 Renovated2BR,1BA$1.58
92 Pleasant St, Unit 292 Pleasant St2BR,1BA$1.92
75 Ridge St, Unit 175 Ridge St3BR,1BA$1.80
468 W Fountain St1 bed1BR,1BA$1.75
68 Baldwin St, Unit 2nd68 Baldwin St2BR,1BA$1.82

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Downcity, Providence, RI

Ranked #22

Among neighborhoods in Providence, RI for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Downcity, Providence, RI

School data provided by Great Schools

Best Local Schools in
Downcity, Providence, RI

School data provided by Great Schools

Lifestyle Ratings

Our team of engineers and researchers is happy to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Providence. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, transit availability, pet-friendly communities, family-friendly amenities, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Downcity Apartments

What is a cheap apartment in Downcity?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downcity is under $1,650.

What is the price of a cheap apartment in Downcity?

The cheapest apartment in Downcity is Paragon Mill which is listed at $1,003, while the average apartment in Downcity costs $4,500.

What types of apartments are the cheapest in Downcity?

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 52 regular apartments in Downcity 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 Downcity?

Cheap apartments in Downcity have an average cost of $297 which is $4,203 cheaper than the average rent for all rentals in Downcity.

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

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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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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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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.