Cheap New Apartments for Rent in Providence, RI from $500 (24 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Providence.

close
View Me
Copley Chambers II & III
Built in 2024Studio to 2 Bedroom Apartments

Copley Chambers II & III

228 Broad StProvidence, RI 02903
  • Utilities Included
close
View Me
9 Euclid Ave
Built in 20201 to 6 Bedroom Apartments

9 Euclid Ave

9 Euclid AveProvidence, RI 02906
close
View Me
The 91 Lofts
Built in 2018Studio Apartments

The 91 Lofts

91 Hartford AveProvidence, RI 02909
close
View Me
Tempo
Built in 2025Studio to 3 Bedroom Apartments

Tempo

55 George M Cohan BlvdProvidence, RI 02903
close
View Me
18 8th St
Built in 2021Studio to 2 Bedroom Apartments

18 8th St

18 8th StProvidence, RI 02906
close
View Me
101 Hillside Ave.
Built in 2017Studio to 2 Bedroom Apartments

101 Hillside Ave.

101 Hillside AveProvidence, RI 02906
  • Utilities Included

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.

close
View Me
530 Broadway
Built in 2020Studio to 1 Bedroom Apartments

530 Broadway

530 BroadwayProvidence, RI 02909
  • Utilities Included
close
View Me
40 Jones St
Built in 2018Studio to 2 Bedroom Apartments

40 Jones St

40 Jones StProvidence, RI 02903
  • Utilities Included
close
View Me
12 Piedmont
Built in 20211 Bedroom Apartments

12 Piedmont

12 Piedmont StProvidence, RI 02909
  • Utilities Included

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.

close
View Me
Lincoln Lofts
Built in 20211 to 2 Bedroom Apartments

Lincoln Lofts

90 Industrial CirLincoln, RI 02865
  • Utilities Included
close
View Me
Building 11
Built in 2017Studio to 2 Bedroom Apartments

Building 11

11 Newman AveRumford, RI 02916
  • Utilities Included
close
View Me
100 Dexter St
Built in 2016Studio to 3 Bedroom Apartments

100 Dexter St

100 Dexter StPawtucket, RI 02860
  • Utilities Included
close
View Me
25 Circle St
Built in 2021Studio to 1 Bedroom Apartments

25 Circle St

25 Circle StRumford, RI 02916

From Blue-Collar to Bustling: Discover the Best Affordable Neighborhoods for Renting in Providence

Discover the top 7 affordable and charming neighborhoods in Providence, RI. This local expert's guide helps you find the best value living in the historic New England city.

Providence, RI Local Guide

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 Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Providence, RI
Population: 179,335

Ranked #144

in US Census Population by City

decorative image of people examining a giant globe and floating graphs

Pet Friendly Lifestyle

Ranked #

Among cities in Rhode Island for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

decorative image of woman handing cat to small boy

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Providence, RI Rentals by Map

View Map
Providence, RI Apartments Map
View Map
Providence, RI Rental Homes Map

Frequently Asked Questions about Cheap Providence Apartments

What is a cheap apartment in Providence?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Providence is under $1,470.

What is the price of a cheap apartment in Providence?

The cheapest apartment in Providence is Sandy Lane Apartments which is listed at $1,445, while the average apartment in Providence costs $5,062.

What types of apartments are the cheapest in Providence?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 48 regular apartments in Providence that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Providence?

Cheap apartments in Providence have an average cost of $241 which is $4,821 cheaper than the average rent for all rentals in Providence.

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

decorative image for From Blue-Collar to Bustling: Discover the Best Affordable Neighborhoods for Renting in Providence article

From Blue-Collar to Bustling: Discover the Best Affordable Neighborhoods for Renting in Providence

Written by: M. April Tome

I’m April, your ApartmentHomeLiving.com Local Export for Providence, RI. Providence is the capital of Rhode Island. It is a bustling city with a small-town New England vibe.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.