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$754 - $2,000Built in 2024Studio to 2 Bedroom Apartments Contact Us For Availability
Copley Chambers
228 Broad StProvidence, RI 02903
Cheap New Apartments for Rent in Providence, RI from $500 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Providence.
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$1,003 - $3,016Built in 20221 to 3 Bedroom Apartments Available Now
Paragon Mill
144 Delaine StProvidence, RI 02909
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$1,375 - $2,000Built in 2017Studio to 1 Bedroom Apartments Available Now
The Case-Mead Lofts
76 Dorrance StProvidence, RI 02903
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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.
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Rent Specials
$1,350 - $1,625Built in 2025Studio to 1 Bedroom Apartments Available Now
The Presley Apartments
1850 Post RdWarwick, RI 02886
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$1,500 - $3,000Built in 2018Studio to 2 Bedroom Apartments Available Now
The Lofts at Pontiac Mills
334 Knight StWarwick, RI 02886
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$1,500 - $2,600Built in 2019Studio to 2 Bedroom Apartments Available Now
Lofts at Lyman Mill
184 Woonasquatucket AveNorth Providence, RI 02911
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.
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Rent Specials
$1,595 - $2,395Built in 20231 to 3 Bedroom Apartments Available Aug 15
Residences at Woodlawn
396 Weeden StPawtucket, RI 02860
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Rent Specials
$1,647 - $2,775Built in 2024Studio to 2 Bedroom Apartments Available Now
Newport Avenue Apartments
95 Newport AveRumford, RI 02916
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$1,700Built in 2023Studio Apartments Available Aug 11
135 - 153 Waterman Ave
135 - 153 Waterman AveEast Providence, RI 02914
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$1,700 - $2,630Built in 2023Studio to 2 Bedroom Apartments Available Now
The Christine Apartments
1279 Wampanoag TrlRiverside, RI 02915
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Providence, RI Local Guide
How much does it cost to rent an apartment in Providence?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Providence Studio Apartments | $1,896 | $720 | $3,059 |
| Providence 1 Bedroom Apartments | $2,126 | $250 | $4,888 |
| Providence 2 Bedroom Apartments | $2,791 | $1,170 | $10,000+ |
| Providence 3 Bedroom Apartments | $2,819 | $1,327 | $10,000+ |
| Providence 4 Bedroom Apartments | $3,119 | $2,350 | $5,500 |
| Providence 5 Bedroom Apartments | $3,614 | $2,295 | $4,750 |
| Providence 6 Bedroom Apartments | $4,257 | $3,250 | $5,500 |
Explore Providence
Providence, RI Local Guide
- Providence Neighborhoods
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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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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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,395.
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 $5,284.
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 348 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 $423 which is $4,861 cheaper than the average rent for all rentals in Providence.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.