Cheap Homes for Rent in Providence, RI from $800 (24 Rentals)

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

property at 31 Hope St

31 Hope St

ProvidenceRI02903
property at 420 Woodward Rd

420 Woodward Rd

North ProvidenceRI02904
property at 420 Woodward Rd

420 Woodward Rd

North ProvidenceRI02904

Providence, RI Local Guide

Cheapest Neighborhoods for Apartments in Providence, RI

Pricing Updated: 03/20/2025

Current apartment rentals in the Providence, RI area range in price from $700 to $25,127 with an overall median price of $3,843. The three Providence neighborhoods with the lowest median rent pricing are Linwood at $1,400, Reservoir at $1,575, and Silver Lake at $1,500. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Providence Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Linwood$1,825$1,40014
Reservoir$2,100$1,57511
Silver Lake$2,100$1,50036
South Elmwood$2,400$1,9005
Washington Park$2,400$1,90030
Elmwood$2,422$85068
Mount Pleasant$2,500$1,60054
Lower South Providence$2,750$85063
Hartford$2,890$1,375589
Outer East Bay$3,150$1,3991051

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
Parkway Apartments1 bed 1 bath1BR,1BA$1,450
110 Benefit Street Apartment HomesStudioStudio,1BA$1,465

Best Value Apartments for Rent in Providence, RI

As of March 20, 2025 the best value apartment in the Providence area is the $1.25 price per square foot 33 Paisley St Model at 33 Paisley St, Unit 1 in the in the Downtown Pawtucket neighborhood starting from $2,500. The second greatest value Providence apartment is the Studio Model at Westminster Lofts starting at $1,710 with a $0.89 price per square foot in the College Hill 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.
33 Paisley St, Unit 133 Paisley St4BR,2BA$1.25
Westminster LoftsStudioStudio ,1BA$0.89
Paragon Mill3BR 2BA3BR,2BA$1.54
American Wire Residential Lofts1 Bed 1 Bath1BR,1BA$1.22
US Rubber Lofts2 Bed 1.5 Bath2BR,1.5BA$1.67
522 York Ave, Unit 2522 York Ave3BR,1BA$1.50
The Lofts at Pontiac MillsOne Bedroom - Standard1BR,1BA$1.31
1035 Lonsdale Ave, Unit 21035 Lonsdale Ave3BR,1BA$1.66
57 East Ave, Unit 1 st floor57 East Ave2BR,1BA$1.64
101 Sisson St, Unit 101 Sisson Street101 Sisson St1BR,1BA$1.63

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Frequently Asked Questions about Providence

What type of rentals are currently available in Providence?

There are currently 2483 Apartments for Rent in Providence, RI with pricing that ranges from $700 to $25,127. There are also 139 Single Family Homes for rent, Condos, and Townhome rentals currently available in Providence ranging from $800 to $7,500.

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 $7,500 with an average monthly rent of $3,049.

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 $22,429, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $4,700. 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.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.