Cheap Apartments for Rent in the Downtown Providence Neighborhood of Providence, RI from $600 (15 Rentals)

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

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Copley Chambers
Studio to 2 Bedroom Apartments

Copley Chambers

228 Broad StProvidence, RI 02903
  • Utilities Included
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280 Benefit St
Studio to 2 Bedroom Apartments

280 Benefit St

280 Benefit StProvidence, RI 02903
Student Housing
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296 Benefit St.
1 Bedroom Apartments

296 Benefit St.

296 Benefit StProvidence, RI 02903
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The Alice Building
Studio Apartments

The Alice Building

236-250 Westminster StProvidence, RI 02903
  • Utilities Included

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 $1,465. 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$1,465
The StudleyMurphy Bed StudioStudio,1BA$1,500
Westminster LoftsStudioStudio,1BA$1,710
Regency PlazaStudio/1 Bath with Dining AreaStudio,1BA$1,790

Best Value Apartments for Rent in Downtown Providence, RI

As of March 23, 2025 the best value apartment in the Downtown Providence area is the $0.89 price per square foot Studio Model at Westminster Lofts in the in the College Hill neighborhood starting from $1,710. The second greatest value Downtown Providence apartment is the Two Bedrooms Model at Park Row West starting at $3,114 with a $2.71 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 LoftsStudioStudio ,1BA$0.89
Park Row WestTwo Bedrooms2BR,2BA$2.71
Nightingale Apartments78bB5B Two Bed Two Bath with Balcony2BR,2BA$3.26
The Residences ProvidenceUnfurnished 1Bed/1Bath1BR,1BA$3.27
G SquareThe Lovecraft2BR,2BA$4.08
110 Benefit Street Apartment HomesStudioStudio ,1BA$1.95
Station RowStudioStudio ,1BA$3.40
Providence GThe Bristol1BR,1BA$3.27
Regency PlazaStudio/1 Bath with Dining AreaStudio ,1BA$3.65
The StudleyMurphy Bed StudioStudio ,1BA$3.88

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Pet Friendly Lifestyle
Downtown Providence, Providence, RI

Ranked #9

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $2,100.

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 $5,750.

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 288 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 $292 which is $5,458 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.

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