Cheap Homes for Rent in Olneyville Neighborhood of Providence, RI from $1,200 (3 Rentals)

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

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.

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 296 Atwells Ave

296 Atwells Ave

ProvidenceRI02903

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Olneyville, Providence, RI Local Guide

Best Value Apartments for Rent in Olneyville, RI

As of May 16, 2025 the best value apartment in the Olneyville 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 Olneyville 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 Olneyville 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
97 Fairmount Ave, Unit 297 Fairmount Ave5BR,2BA$2.20
The 870 Reserve2-Bed2BR,2BA$2.40
148 De Pasquale Ave, Unit 2148 De Pasquale Ave3BR,1BA$1.75
100 Spruce St, Unit # apartment 4100 Spruce St3BR,1BA$0.92
468 W Fountain St1 bed1BR,1BA$1.75
14 Africa St, Unit #214 Africa St2BR,1BA$2.65

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Frequently Asked Questions about Olneyville

What type of rentals are currently available in Olneyville?

There are currently 302 Apartments for Rent in Olneyville, RI with pricing that ranges from $995 to $27,905. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olneyville ranging from $1,200 to $4,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Olneyville ranges from $1,200 to $4,000 with an average monthly rent of $2,180.

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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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.