Cheap Homes for Rent in Providence, RI from $800 (30 Rentals)

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

property at 71 Marion Ave N

71 Marion Ave N

ProvidenceRI02905
property at 257 Gano St

257 Gano St

ProvidenceRI02906
property at 153 5th St

153 5th St

ProvidenceRI02906
property at 300 Smithfield Rd

300 Smithfield Rd

North ProvidenceRI02904
property at 31 Hope St

31 Hope St

ProvidenceRI02903
property at 100 Taft Ave

100 Taft Ave

ProvidenceRI02906
property at 40 Sessions St

40 Sessions St

ProvidenceRI02906

Providence, RI Local Guide

Cheapest Neighborhoods for Apartments in Providence, RI

Pricing Updated: 04/14/2025

Current apartment rentals in the Providence, RI area range in price from $720 to $34,000 with an overall median price of $3,703. The three Providence neighborhoods with the lowest median rent pricing are Silver Lake at $1,300, Reservoir at $1,575, and Linwood at $1,400. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Providence Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Silver Lake$2,025$1,3005
Reservoir$2,200$1,5753
Linwood$2,300$1,4002
Washington Park$2,350$8995
Elmwood$2,400$1,3007
Lower South Providence$2,447$8505
Mount Pleasant$2,495$1,6009
Warwick West Warwick$2,672$1,21053
Hartford$2,890$72022
Federal Hill$3,270$1,135118

Cheapest Available Providence Apartments for Rent

 

The cheapest available apartment rental in Providence, RI is a 1 Bed unit found at Paragon Mill in the Manton neighborhood priced from $1,003. Angell Street Apartments in the College Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,075. Here is today’s list of the most affordable Providence apartments for rent:

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$1,350
The Presley Apartments1-Bedroom1BR,1BA$1,425
Parkway Apartments1 bed 1 bath1BR,1BA$1,450
Dean EstatesOne Bedroom1BR,1BA$1,475
The StudleyMurphy Bed StudioStudio,1BA$1,500
100 Park Place1 Bed, 1 bath1BR,1BA$1,550

Best Value Apartments for Rent in Providence, RI

As of April 14, 2025 the best value apartment in the Providence area is the $0.51 price per square foot 132 Meadow St Model at 132 Meadow St, Unit 2 in the in the Darlington neighborhood starting from $1,700. The second greatest value Providence apartment is the 167 Walnut St Model at 167 Walnut St, Unit 1 starting at $2,600 with a $1.13 price per square foot in the Outer East Bay neighborhood. Here is today’s list of the best values for Providence apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
132 Meadow St, Unit 2132 Meadow St2BR,1BA$0.51
167 Walnut St, Unit 1167 Walnut St3BR,1BA$1.13
Paragon Mill3BR 2BA3BR,2BA$1.54
9 Sixth St, Unit 19 Sixth St3BR,2BA$1.43
44 Woodbine St, Unit 344 Woodbine St3BR,1BA$1.68
34 Durham St, Unit 234 Durham St2BR,1BA$1.39
The Lofts at Pontiac MillsOne Bedroom - Standard1BR,1BA$1.31
26 Cypress St, Unit Cypress 526 Cypress St3BR,1BA$1.46
980 Main St, Unit 3980 Main St2BR,1BA$1.33
681 Charles St, Unit 4681 Charles St2BR,1BA$1.41

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Frequently Asked Questions about Providence

What type of rentals are currently available in Providence?

There are currently 2480 Apartments for Rent in Providence, RI with pricing that ranges from $720 to $23,240. There are also 148 Single Family Homes for rent, Condos, and Townhome rentals currently available in Providence ranging from $800 to $20,000.

What is the current price range for Rental Homes in Providence?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Providence ranges from $800 to $20,000 with an average monthly rent of $5,128.

How much are larger Three and Four Bedroom Rentals in Providence?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Providence range from $1,327 to $6,058, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $6,000. Four Bedroom Single-Family rentals are also available starting from $2,799 and Four Bedroom Apartments start at $2,095.

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 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.

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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.