
Cheap Apartments for Rent near Providence, NC from $695 (62 Rentals)
Search the lowest-cost Apartments available for rent right now in Providence.


Total Monthly Price
Highland Heights 138

Dillard School

Glennwood Apartments

The Glenns at Elon

Total Monthly Price
Lynn Street Lofts

Willow Creek Apartments

The Venue Apartment Homes

Chatham Lofts

Northpointe
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.

Oakmont Apartments

Emerald Court

Parkridge Apartments

New Brick Historic Lofts

Woodland Heights Apartments

Dan River Crossing

River District Lofts

Ashbury Square Apartments

Elevate 54

Collins Park Apartments
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.

Total Monthly Price
Ridge View Apartments

Carden Place Apartment Homes

Weddington Place

The Lofts at White Furniture

May Hosiery Lofts

Cypress Pointe

Parliament House Apartments

Alexander Pointe Apartments

Legacy at Baldwin Ridge Apartments

Total Monthly Price
Fieldstone 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.

Preston Park Apartments

Moore Apartments

Evellien & Provence: Townhomes + Apartments Student Housing

Ray Commons

224 The Blvd

26 Dallas Ave

837 Melrose Ave

1162 Piney Forest Rd

2785 NC-14

835 Glendale Ave
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.

Courtyard Apartments

863 Stokes St

58 West Apartments

121 Hamlin Ave

207 Gatewood Ave

369 Juless St

512 Peach St

West Pointe

17 Laurel Ave

2036 Cascade Mill Rd
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.
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 | $1,050 | $795 | $1,432 |
| Providence 1 Bedroom Apartments | $1,228 | $736 | $1,525 |
| Providence 2 Bedroom Apartments | $1,364 | $695 | $2,122 |
| Providence 3 Bedroom Apartments | $1,652 | $1,050 | $2,185 |
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 4 Beds unit found at Evellien & Provence: Townhomes + Apartments Student Housing in the North Burlington neighborhood priced from $685. Dillard School has the second lowest priced unit, which is a 1 Bed apartment currently listed from $736. Here is today’s list of the most affordable Providence apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Evellien & Provence: Townhomes + Apartments Student Housing | Provence Apartments | 4BR,2BA | $685 |
| Dillard School | 1 Bed, 1 bath | 1BR,1BA | $736 |
| The Glenns at Elon | 1x1 | 1BR,1BA | $885 |
| Glennwood Apartments | 1BR - 1BTH | 1BR,1BA | $925 |
| Lynn Street Lofts | 2BR/1.5BA | 2BR,1BA | $925 |
| Willow Creek Apartments | 1 Bed 1 Bath | 1BR,1BA | $999 |
| The Venue Apartment Homes | Phase 1 - 1 x 1Standard-Call For Availability | 1BR,1BA | $1,000 |
| Parkridge Apartments | The Willow | 1BR,1BA | $1,050 |
| Oakmont Apartments | Upstairs 2 Bedroom/1.5 Bath | 2BR,1BA | $1,050 |
| West Pointe | One Bedroom | 1BR,1BA | $1,053 |
Best Value Apartments for Rent in Providence, NC and Nearby
As of September 08, 2026 the best value apartment in the Providence area is the $1.19 price per square foot F1 Model at Dan River Falls in the starting from $1,650. The second greatest value Providence apartment is the 3/2 50% AMI Model at Ridge View Apartments starting at $1,150 with a $0.90 price per square foot in the Upper Martinsville neighborhood. 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 | F1 | 2BR,1BA | $1.19 |
| Ridge View Apartments | 3/2 50% AMI | 3BR,2BA | $0.90 |
| Lynn Street Lofts | 2BR/1.5BA | 2BR,1.5BA | $0.77 |
| Emerson Point | 2 Bed x 2 Bath | 2BR,2BA | $1.22 |
| Ashbury Square Apartments | Two Bedroom Two Bath | 2BR,2BA | $1.18 |
| The Glenns at Elon | 1x1 | 1BR,1BA | $0.87 |
| 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 |
| Dan River Crossing | DRC - 1 | 1BR,1BA | $1.16 |
| Dillard School | 1 Bed, 1 bath | 1BR,1BA | $1.09 |
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 ArticleNavigating 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.
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 $736 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 $925 at Lynn Street Lofts.
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 $1,050.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.