Cheap Homes for Rent in Providence, RI from $600 (27 Rentals)

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

property at 516 Post Rd

516 Post Rd

WarwickRI02888

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.

property at 257 Gano St

257 Gano St

ProvidenceRI02906
property at 144 Benefit St

144 Benefit St

ProvidenceRI02903

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.

property at 100 Taft Ave

100 Taft Ave

ProvidenceRI02906
property at 40 Sessions St

40 Sessions St

ProvidenceRI02906
property at 420 Woodward Rd

420 Woodward Rd

North ProvidenceRI02904

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.

Providence, RI Local Guide

Cheapest Neighborhoods for Apartments in Providence, RI

Pricing Updated: 05/19/2025

Current apartment rentals in the Providence, RI area range in price from $696 to $28,000 with an overall median price of $4,088. The three Providence neighborhoods with the lowest median rent pricing are Silver Lake at $1,900, Linwood at $1,825, and Reservoir at $2,100. 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$2,100$1,9004
Linwood$2,325$1,8251
Reservoir$2,350$2,1001
South Elmwood$2,350$1,5001
Elmwood$2,375$1,5004
Warwick West Warwick$2,400$1,23549
Washington Park$2,500$1,2502
Lower South Providence$2,722$1,2993
Hartford$2,875$72029
Mount Pleasant$2,999$1,8004

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. 110 Benefit Street Apartment Homes in the College Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,395. Here is today’s list of the most affordable Providence apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Paragon Mill1BR 1BA1BR,1BA$1,003
110 Benefit Street Apartment Homes1 Bedroom 1 Bathroom1BR,1BA$1,395
Mansion House Apartments1 Bed1BR,1BA$1,460
Dean EstatesOne Bedroom1BR,1BA$1,475
Landings on the Trail Apartment HomesStudioStudio,1BA$1,495
100 Park Place1 Bed, 1 bath1BR,1BA$1,550

Best Value Apartments for Rent in Providence, RI

As of May 19, 2025 the best value apartment in the Providence area is the $1.20 price per square foot 14 Florence St Model at 14 Florence St, Unit Apt 1 in the in the Manton neighborhood starting from $2,650. The second greatest value Providence apartment is the 1 Bedroom Model at Westminster Lofts starting at $1,980 with a $1.25 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.
14 Florence St, Unit Apt 114 Florence St4BR,1BA$1.20
Westminster Lofts1 Bedroom1BR,1BA$1.25
Paragon Mill3BR 2BA3BR,2BA$1.54
248 Federal St, Unit 1248 Federal St3BR,1BA$1.63
The Lofts at Pontiac MillsOne Bedroom - Standard1BR,1BA$1.31
100 Spruce St, Unit # apartment 4100 Spruce St3BR,1BA$0.92
681 Charles St, Unit 4681 Charles St2BR,1BA$1.50
15 Cameron St, Unit 2nd15 Cameron St3BR,1BA$1.59
90 Alger Ave, Unit 290 Alger Ave2BR,1BA$1.73
81 Warren Ave, Unit 81 Warren Ave81 Warren Ave1BR,1BA$1.57

Quick Rent Budget Calculator

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Frequently Asked Questions about Providence

What type of rentals are currently available in Providence?

There are currently 2523 Apartments for Rent in Providence, RI with pricing that ranges from $720 to $27,905. There are also 149 Single Family Homes for rent, Condos, and Townhome rentals currently available in Providence ranging from $650 to $15,000.

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 $650 to $15,000 with an average monthly rent of $4,505.

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 $1,100 to $5,986, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $4,700. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $2,300.

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.

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

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

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.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

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.