
Cheap Apartments for Rent near Providence, NC from $500 (54 Rentals)
Search the lowest-cost Apartments available for rent right now in Providence.


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Willow Creek

Total Monthly Price
Highland Heights Apartments

Glennwood Apartments

Northpointe

Total Monthly Price
Lynn Street Lofts

Willow Creek Apartments

The Venue Apartment Homes

Chatham Lofts

Oakmont 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.

Emerald Court

Parkridge Apartments

May Hosiery Lofts

Woodland Heights Apartments

The Glenns at Elon

River District Lofts

West Pointe

Ashbury Square Apartments

Elevate 54

Total Monthly Price
Ridge View 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.

Carden Place Apartment Homes

Weddington Place

Cypress Pointe

Alexander Pointe Apartments

Legacy at Baldwin Ridge Apartments

Elon Place Apartments

Parliament House Apartments

Moore Apartments

Evellien & Provence: Townhomes + Apartments Student Housing

Ray Commons
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.

3701 US-29 BUS

1455 Aspen St

224 The Blvd

175 Hamlin Ave

704A Irving Ave

837 Melrose Ave

835 Glendale Ave

Courtyard Apartments

58 West Apartments

713 Springfield 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.

1318 Ridge Ave

3553 Reeves Mill Rd

121 Hamlin Ave

202 Motley Ave

863 Stokes St

2036 Cascade Mill Rd

386 Seminole Trail

318 Seminole Trail

230 Eastwood Dr

309 Montague St
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 | $1,125 | $795 | $1,445 |
| Providence 1 Bedroom Apartments | $1,260 | $533 | $1,702 |
| Providence 2 Bedroom Apartments | $1,374 | $695 | $2,072 |
| Providence 3 Bedroom Apartments | $1,661 | $1,150 | $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 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 |
| Glennwood Apartments | 1BR - 1BTH | 1BR,1BA | $925 |
| Lynn Street Lofts | 2BR/1.5BA | 2BR,1BA | $929 |
| Willow Creek Apartments | 1 Bed 1 Bath | 1BR,1BA | $999 |
| The Venue Apartment Homes | Phase 1 - 1 x 1Standard-Call For Availability | 1BR,1BA | $1,025 |
| Parkridge Apartments | The Willow | 1BR,1BA | $1,050 |
| Oakmont Apartments | Upstairs 2 Bedroom/1.5 Bath | 2BR,1BA | $1,050 |
| May Hosiery Lofts | Studio | 1BR,1BA | $1,095 |
| River District Lofts | River District Lofts | 1BR,1BA | $1,100 |
Best Value Apartments for Rent in Providence, NC and Nearby
As of July 25, 2026 the best value apartment in the Providence area is the $0.77 price per square foot 2BR/1.5BA Model at Lynn Street Lofts in the starting from $929. The second greatest value Providence apartment is the 2BR/2.0BA Model at Ferrell Historic Lofts starting at $1,450 with a $1.30 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. |
|---|---|---|---|
| Lynn Street Lofts | 2BR/1.5BA | 2BR,1.5BA | $0.77 |
| Ferrell Historic Lofts | 2BR/2.0BA | 2BR,2BA | $1.30 |
| Emerson Point | 2 Bed x 2 Bath | 2BR,2BA | $1.33 |
| Ashbury Square Apartments | Two Bedroom Two Bath | 2BR,2BA | $1.18 |
| Weddington Place | 2 Beds, 2 baths | 2BR,2BA | $1.30 |
| Dan River Crossing | DRC 1bedroom - Upgrade | 1BR,1BA | $1.24 |
| Oakmont Apartments | Downstairs 2 Bed/1.5 Bath | 2BR,1.5BA | $1.07 |
| Parliament House Apartments | 1 Bedroom 1.5 Bath Townhome | 1BR,1.5BA | $1.35 |
| Carden Place Apartment Homes | One Bedroom - 850 sqft | 1BR,1BA | $1.36 |
| 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 $929 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 Parkridge Apartments and starts from $1,300.
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.