
Cheap Apartments for Rent in Providence, NC from $500 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in Providence.


Total Monthly Price
Highland Heights 138

Total Monthly Price
Willow Creek Apartments (201 Audubon Dr)

Glennwood Apartments

Northpointe

Total Monthly Price
Lynn Street Lofts

Emerald Court

The Venue Apartment Homes

Willow Creek Apartments

Parliament House Apartments
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.

Parkridge Apartments

Chatham Lofts

Oakmont Apartments

Woodland Heights Apartments

The Glenns at Elon

River District Lofts

Dan River Crossing

Carden Place Apartment Homes

Ashbury Square Apartments

Collins Park Apartments
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.

Total Monthly Price
Ridge View Apartments

Cypress Pointe

Weddington Place

West Pointe

Alexander Pointe Apartments

Elevate 54

Elon Place Apartments

May Hosiery Lofts

Moore Apartments

Evellien & Provence: Townhomes + Apartments Student Housing
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Ray Commons

3701 US-29 BUS

118 W Stephens St

224 The Blvd

124 Girard St

1455 Aspen St

5109 Dry Fork Rd

835 Glendale Ave

Courtyard Apartments

58 West Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1318 Front St

229 Alpine Dr

202 Mulberry St

863 Stokes St

1314 Front St

3553 Reeves Mill Rd

713 Springfield Rd

216 Charlotte Ave

121 Hamlin Ave

216 Locust Ln
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Providence, NC Local Guide

How much does it cost to rent an apartment in Providence?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Providence Studio Apartments | $1,124 | $795 | $1,450 |
| Providence 1 Bedroom Apartments | $1,278 | $533 | $1,794 |
| Providence 2 Bedroom Apartments | $1,414 | $695 | $2,072 |
| Providence 3 Bedroom Apartments | $1,675 | $1,067 | $2,142 |
Browse Top Apartments in Providence
See all Apartments in ProvidenceExplore Providence
Providence, NC Local Guide
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Cheapest Available Providence Apartments for Rent and Nearby
 The cheapest available apartment rental in Providence, NC is a 1 Bed unit found at Dillard School priced from $533. Evellien & Provence: Townhomes + Apartments Student Housing in the North Burlington neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $685. Here is today’s list of the most affordable Providence apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Dillard School | 1 Bed, 1 bath | 1BR,1BA | $533 |
| Evellien & Provence: Townhomes + Apartments Student Housing | Provence Apartments | 4BR,2BA | $685 |
| Willow Creek Apartments (201 Audubon Dr) | 2BR/1.0BA | 2BR,1BA | $695 |
| Glennwood Apartments | 1BR - 1BTH | 1BR,1BA | $925 |
| Lynn Street Lofts | 2BR/2.0BA | 2BR,2BA | $929 |
| Emerald Court | 2/1 Garden | 2BR,1BA | $999 |
| The Venue Apartment Homes | Phase 1 - 1 x 1Standard-Call For Availability | 1BR,1BA | $1,025 |
| Willow Creek Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,049 |
| Parkridge Apartments | The Willow | 1BR,1BA | $1,050 |
| Oakmont Apartments | Upstairs 2 Bedroom/1.5 Bath | 2BR,1BA | $1,050 |
Best Value Apartments for Rent in Providence, NC and Nearby
As of May 27, 2026 the best value apartment in the Providence area is the $1.37 price per square foot F4 Model at Dan River Falls in the starting from $1,775. The second greatest value Providence apartment is the 2BR/2.0BA Model at Dan River Crossing starting at $1,650 with a $1.28 price per square foot . Here is today’s list of the best values for Providence apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Dan River Falls | F4 | 2BR,1BA | $1.37 |
| Dan River Crossing | 2BR/2.0BA | 2BR,2BA | $1.28 |
| Lynn Street Lofts | 2BR/2.0BA | 2BR,2BA | $0.77 |
| New Brick Historic Lofts | 2BR/2.0BA | 2BR,2BA | $1.28 |
| Weddington Place | 2 Beds, 2 baths | 2BR,2BA | $1.30 |
| Collins Park Apartments | 2 Bedroom 1.5 Bath Townhome | 2BR,1.5BA | $1.15 |
| Oakmont Apartments | Downstairs 2 Bed/1.5 Bath | 2BR,1.5BA | $1.07 |
| Cypress Pointe | 2 Bed x 2 Bath | 2BR,2BA | $1.28 |
| Parliament House Apartments | 1 Bedroom 1.5 Bath Townhome | 1BR,1.5BA | $1.18 |
| Dillard School | 1 Bed, 1 bath | 1BR,1BA | $0.79 |
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 Providence, NC Rentals by Map
See the most popular apartments and homes in Providence, NC
Frequently Asked Questions about Cheap Providence Apartments
How much is rent for a Cheap One Bedroom Providence Apartment?
The lowest price for a Cheap One Bedroom Providence Apartment is $533 at Dillard School.
What is the lowest price for a Cheap Two Bedroom Providence Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Providence is starting from $695 at Willow Creek Apartments (201 Audubon Dr).
What is the most affordable Providence Three Bedroom Apartment?
The best deal on a cheap Providence Three Bedroom Apartment rental is at Lynn Street Lofts and starts from $1,067.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.