Cheap Apartments for Rent in the Downtown Providence Neighborhood of Providence, RI from $700 (22 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 100 Bowen St

100 Bowen St

ProvidenceRI02906
close
View Me
Copley Chambers
Studio to 2 Bedroom Apartments

Copley Chambers

228 Broad StProvidence, RI 02903
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

close
View Me
280 Benefit St
Studio to 2 Bedroom Apartments

280 Benefit St

280 Benefit StProvidence, RI 02903
Student Housing
close
View Me
110 Benefit St
Studio Apartments

110 Benefit St

110 Benefit StProvidence, RI 02903
  • Utilities Included
close
View Me
296 Benefit St.
1 Bedroom Apartments

296 Benefit St.

296 Benefit StProvidence, RI 02903
  • Utilities Included
close
View Me
The Alice Building
Studio Apartments

The Alice Building

236-250 Westminster StProvidence, RI 02903
  • Utilities Included
close
View Me
Regency Plaza
Studio to 2 Bedroom Apartments

Regency Plaza

2 Regency PlzProvidence, RI 02903

Downtown Providence, Providence, RI Local Guide

Cheapest Available Downtown Providence Apartments for Rent

 

The cheapest available apartment rental in the Downtown Providence area of Providence, RI is a Studio unit found at The Case-Mead Lofts priced from $1,300. 110 Benefit Street Apartment Homes has the second lowest priced unit, which is a Studio apartment currently listed from $1,350. Here are the most affordable Downtown Providence apartments for rent in Providence, RI:

Apartment ListingModel NameBed/BathPriced From
The Case-Mead LoftsMicroloftStudio,1BA$1,300
110 Benefit Street Apartment HomesStudioStudio,1BA$1,350
The StudleyMurphy Bed StudioStudio,1BA$1,500
Regency PlazaStudio/1 Bath With Walk-In ClosetsStudio,1BA$1,805
Providence GThe Bristol1BR,1BA$1,850

Best Value Apartments for Rent in Downtown Providence, RI

As of April 17, 2025 the best value apartment in the Downtown Providence area is the $3.05 price per square foot 2 Bedroom Model at Westminster Lofts in the in the College Hill neighborhood starting from $3,010. The second greatest value Downtown Providence apartment is the The Tiverton Model at Providence G starting at $2,650 with a $3.12 price per square foot in the College Hill neighborhood. Here is today’s list of the best values for Downtown Providence apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Westminster Lofts2 Bedroom2BR,2BA$3.05
Providence GThe Tiverton2BR,1BA$3.12
G SquareThe Lovecraft2BR,2BA$4.08
Nightingale Apartments78aA1 One Bed One Bath1BR,1BA$3.82
Station RowStudioStudio ,1BA$3.02
Chestnut CommonsOrigin - 1BR-B; 1BR-B,1;1BR,1BA$4.19
110 Benefit Street Apartment HomesStudioStudio ,1BA$2.70
Regency PlazaStudio/1 Bath with Dining AreaStudio ,1BA$3.84
95 Lofts95 Lofts Floor Plan FStudio ,1BA$4.20
The StudleyMurphy Bed StudioStudio ,1BA$3.88

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Downtown Providence, Providence, RI

Ranked #6

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Providence. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, family-friendly amenities, raising pets, transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Downtown Providence Neighborhood in Providence, RI

Walk Score®

97 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

82 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

77 / 100

Excellent Transit

Transit is convenient for most trips

Frequently Asked Questions about Cheap Downtown Providence Apartments

What is a cheap apartment in Downtown Providence?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Providence is under $2,080.

What is the price of a cheap apartment in Downtown Providence?

The cheapest apartment in Downtown Providence is The Case-Mead Lofts which is listed at $1,750, while the average apartment in Downtown Providence costs $4,250.

What types of apartments are the cheapest in Downtown 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 36 regular apartments in Downtown 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 Downtown Providence?

Cheap apartments in Downtown Providence have an average cost of $290 which is $3,960 cheaper than the average rent for all rentals in Downtown 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 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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.