
Cheap Apartments for Rent near Ashaway, RI from $900 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Ashaway.


Pequot Village

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The Lofts at Ponemah Mills

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The Terraces Apartments

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ReNew Washington Park

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Water Street Lofts

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Norwich

88-98 Chestnut St

Courtview Square Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Fox Run Apartments

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Summitwoods Apartments

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GoodHomes Groton

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Hamilton Park

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Long Meadow Landings

35 Chestnut St

La Triumphe Apartments

Harbor View

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Groton Towers
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Thamesview Apartments

Trident Park Townhomes

Tower Hill Landings

Groton Townhomes

Sutton Place

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ReNew Groton

Triton Square Apartments

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Pleasant Valley Apartments

The Ledges Apartment Homes
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Stonington Village Apartments

Oxoboxo Lofts

389 Wyassup Rd

9 Skipper St

61 Ridgewood Rd

5 Pleasant St

80 Noyes Ave

Poquonnock Village Senior and Family Housing

91 Aspen Rd
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

35 Oak St

Avery Heights Senior Living

Reid & Hughes

Oak Tree Village

26 W Castle Way C

9 York Ave

630 Green Hill Beach Rd

67 Twin Peninsula Ave

8 Healey Brook Dr
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Ashaway, RI Local Guide

How much does it cost to rent an apartment in Ashaway?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ashaway Studio Apartments | $1,896 | $1,400 | $2,464 |
| Ashaway 1 Bedroom Apartments | $2,231 | $1,100 | $3,149 |
| Ashaway 2 Bedroom Apartments | $2,689 | $1,450 | $4,040 |
| Ashaway 3 Bedroom Apartments | $3,143 | $1,650 | $4,436 |
| Ashaway 4 Bedroom Apartments | $3,200 | $3,200 | $3,200 |
Browse Top Apartments in Ashaway
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Ashaway, RI Local Guide
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Cheapest Available Ashaway Apartments for Rent and Nearby
 The cheapest available apartment rental in Ashaway, RI is a 1 Bed unit found at Oxoboxo Lofts in the Northeast New London Norwich neighborhood priced from $922. Crocker House in the New London neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,100. Here is today’s list of the most affordable Ashaway apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oxoboxo Lofts | 1 Bedroom | 1BR,1BA | $922 |
| Crocker House | Studio | 2BR,2BA | $1,100 |
| Pequot Village | One Bedroom | 1BR,1BA | $1,200 |
| The Lofts at Ponemah Mills | PM1aFH-T | 1BR,1BA | $1,239 |
| Water Street Lofts | Studio | Studio,1BA | $1,400 |
| 88-98 Chestnut St | 1BR | 1BR,1BA | $1,450 |
| Norwich | Two Bedroom | 2BR,1BA | $1,450 |
| Courtview Square Apartments | A1 | 1BR,1BA | $1,475 |
| Summitwoods Apartments | 1 Bed | 1BR,1BA | $1,500 |
| The Terraces Apartments | 2 Bedroom | 2BR,1BA | $1,595 |
Best Value Apartments for Rent in Ashaway, RI and Nearby
As of July 24, 2026 the best value apartment in the Ashaway area is the $1.58 price per square foot 2 Bedroom Townhome Model at Toll Gate Estates in the in the New London neighborhood starting from $2,245. The second greatest value Ashaway apartment is the 3 Bedroom Summer Model at The URI Townhouses starting at $860 with a $0.62 price per square foot in the Washington County neighborhood. Here is today’s list of the best values for Ashaway apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Toll Gate Estates | 2 Bedroom Townhome | 2BR,1.5BA | $1.58 |
| The URI Townhouses | 3 Bedroom Summer | 3BR,2.5BA | $0.62 |
| The Terraces Apartments | 2 Bedroom | 2BR,1BA | $1.29 |
| Oxoboxo Lofts | 2 Bedroom | 2BR,2BA | $1.77 |
| La Triumphe Apartments | 2 Bedroom | 2BR,1.5BA | $1.76 |
| Long Meadow Landings | Future Resident Waitlist | 2BR,1BA | $1.63 |
| Norwich | Two Bedroom | 2BR,1BA | $1.45 |
| Oak Tree Village | 2 Bedroom | 2BR,1BA | $1.79 |
| The Lofts at Ponemah Mills | PM1aFH-T | 1BR,1BA | $1.46 |
| Pequot Village | One Bedroom | 1BR,1BA | $1.74 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Ashaway, RI Rentals by Map
See the most popular apartments and homes in Ashaway, RI
Frequently Asked Questions about Cheap Ashaway Apartments
What is the Cheapest Studio apartment in Ashaway?
Currently the most affordable Cheap Studio Apartment in Ashaway is at Water Street Lofts listed at $1,400.
How much is rent for a Cheap One Bedroom Ashaway Apartment?
The lowest price for a Cheap One Bedroom Ashaway Apartment is $922 at Oxoboxo Lofts.
What is the lowest price for a Cheap Two Bedroom Ashaway Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Ashaway is starting from $1,100 at Crocker House.
What is the most affordable Ashaway Three Bedroom Apartment?
The best deal on a cheap Ashaway Three Bedroom Apartment rental is at Norwich and starts from $1,650.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.