Cheap Apartments for Rent in the Federal Hill Neighborhood of Providence, RI from $700 (40 Rentals)

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

property at 13 Albro St

13 Albro St

ProvidenceRI02903

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 101 Cedar St

101 Cedar St

ProvidenceRI02903
property at 203 Broadway

203 Broadway

ProvidenceRI02903

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.

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40 Jones St
1 Bedroom Apartments

40 Jones St

40 Jones StProvidence, RI 02903
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Bell Tower Place
Studio to 2 Bedroom Apartments

Bell Tower Place

18 Spruce StProvidence, RI 02903
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12 Piedmont
1 Bedroom Apartments

12 Piedmont

12 Piedmont StProvidence, RI 02909
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Regency Plaza
Studio to 2 Bedroom Apartments

Regency Plaza

2 Regency PlzProvidence, RI 02903
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11-15 Piedmont St
1 Bedroom Apartments

11-15 Piedmont St

11-15 Piedmont StProvidence, RI 02909
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34 Knight St
1 to 2 Bedroom Apartments

34 Knight St

34 Knight StProvidence, RI 02909
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8 Hewitt St
1 Bedroom Apartments

8 Hewitt St

8 Hewitt StProvidence, RI 02909
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1290W
1 Bedroom Apartments

1290W

1292 Westminster StProvidence, RI 02909
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Grant Mill
1 to 2 Bedroom Apartments

Grant Mill

299 Carpenter StProvidence, RI 02909
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Showing Results 1-40, Page 1 of 1

Federal Hill, Providence, RI Local Guide

Cheapest Available Federal Hill Apartments for Rent

 

The cheapest available apartment rental in the Federal Hill area of Providence, RI is a 1 Bed unit found at US Rubber Lofts priced from $1,665. 468 W Fountain St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,750. Here are the most affordable Federal Hill apartments for rent in Providence, RI:

Apartment ListingModel NameBed/BathPriced From
US Rubber Lofts1 Bed 1 Bath1BR,1BA$1,665
468 W Fountain St1 bed1BR,1BA$1,750
The 870 Reserve1-Bed1BR,1BA$1,795
Regency PlazaStudio/1 Bath With Walk-In ClosetsStudio,1BA$1,805
Huntington Exchange Providence2 Bed 1 Bath2BR,1BA$1,875
95 Lofts95 Lofts Floor Plan FStudio,1BA$1,925
Strive Lofts1 Bedroom, 1 Bathroom1BR,1BA$2,100

Best Value Apartments for Rent in Federal Hill, RI

As of May 11, 2025 the best value apartment in the Federal Hill area is the $3.62 price per square foot B7P Model at Center Place in the in the College Hill neighborhood starting from $4,713. The second greatest value Federal Hill apartment is the 2-Bed Model at The 870 Reserve starting at $2,995 with a $2.40 price per square foot in the College Hill neighborhood. Here is today’s list of the best values for Federal Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Center PlaceB7P2BR,2BA$3.62
The 870 Reserve2-Bed2BR,2BA$2.40
148 De Pasquale Ave, Unit 2148 De Pasquale Ave3BR,1BA$1.75
US Rubber Lofts1 Bed 1 Bath1BR,1BA$1.64
468 W Fountain St1 bed1BR,1BA$1.75
63 Kenyon St, Unit 363 Kenyon St2BR,1BA$1.80
9 Lyon Ct, Unit 19 Lyon Ct2BR,1BA$2.00
Huntington Exchange Providence2 Bed 1 Bath2BR,1BA$2.37
Strive Lofts1 Bedroom, 1 Bathroom1BR,1BA$2.83
Station RowStudioStudio ,1BA$3.38

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.

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Pet Friendly Lifestyle
Federal Hill, Providence, RI

Ranked #11

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Federal Hill Neighborhood in Providence, RI

Walk Score®

97 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

78 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

67 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Federal Hill Apartments

What is the Cheapest Studio apartment in Federal Hill?

Currently the most affordable Cheap Studio Apartment in Federal Hill is at Regency Plaza listed at $1,805.

How much is rent for a Cheap One Bedroom Federal Hill Apartment?

The lowest price for a Cheap One Bedroom Federal Hill Apartment is $1,665 at US Rubber Lofts.

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

Today's best deal for a Cheap Two Bedroom Apartment in Federal Hill is starting from $1,875 at Huntington Exchange Providence.

What is the most affordable Federal Hill Three Bedroom Apartment?

The best deal on a cheap Federal Hill Three Bedroom Apartment rental is at Regency Plaza and starts from $2,900.

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 Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.