Cheap New Apartments for Rent in Providence, RI from $500 (22 Rentals)

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

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Copley Chambers
Built in 2024Studio to 2 Bedroom Apartments

Copley Chambers

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

9 Euclid Ave

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

The 91 Lofts

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

Tempo

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

18 8th St

18 8th StProvidence, RI 02906

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.

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101 Hillside Ave.
Built in 2017Studio to 2 Bedroom Apartments

101 Hillside Ave.

101 Hillside AveProvidence, RI 02906
  • Utilities Included
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530 Broadway
Built in 2020Studio to 1 Bedroom Apartments

530 Broadway

530 BroadwayProvidence, RI 02909
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40 Jones St
Built in 2018Studio to 2 Bedroom Apartments

40 Jones St

40 Jones StProvidence, RI 02903
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Bell Tower Place
Built in 2021Studio to 2 Bedroom Apartments

Bell Tower Place

18 Spruce StProvidence, RI 02903
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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.

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.

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Lincoln Lofts
Built in 20211 to 2 Bedroom Apartments

Lincoln Lofts

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

Building 11

9-20 Newman AveRumford, RI 02916
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100 Dexter St
Built in 2016Studio to 3 Bedroom Apartments

100 Dexter St

100 Dexter StPawtucket, RI 02860
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25 Circle St
Built in 2021Studio to 1 Bedroom Apartments

25 Circle St

25 Circle StRumford, RI 02916

Providence, RI Local Guide

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.

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Providence, RI
Population: 179,335

Ranked #144

in US Census Population by City

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Pet Friendly Lifestyle

Ranked #

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

Pet Friendliness Lifestyle Score

Pet Friendly

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

Explore Providence, RI Rentals by Map

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Providence, RI Apartments Map
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Providence, RI Rental Homes Map

Getting Around Providence, RI

Walk Score®

84 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

65 / 100

Bikeable

Some bike infrastructure

Transit Score®

52 / 100

Good Transit

Many nearby public transportation options

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 $1,495.

What is the price of a cheap apartment in Providence?

The cheapest apartment in Providence is 339-343 Thayer St which is listed at $950, while the average apartment in Providence costs $4,624.

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 340 regular apartments in Providence that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.