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$742 - $1,753Studio to 2 Bedroom Apartments Contact Us For Availability
Beneficent House
1 Chestnut StProvidence, RI 02903
Top Rated Cheap Apartments for Rent in Providence, RI from $500 (9 Rentals)
Top Rated Apartments in Providence.
Cheap Apartments in Providence.
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$1,132 - $2,6001 to 2 Bedroom Apartments Contact Us For Availability
Paragon Mill
144 Delaine StProvidence, RI 02909
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$1,400 - $2,8001 to 2 Bedroom Apartments Available Now
Wayland Manor Apartments
500 Angell StProvidence, RI 02906
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$1,682 - $3,178Studio to 3 Bedroom Apartments Available Jun 16
University Heights Apartments
99 Roger Williams GrnProvidence, RI 02904
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.
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Studio to 1 Bedroom Apartments
530 Broadway
530 BroadwayProvidence, RI 02909
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Studio Apartments
The Alice Building
236-250 Westminster StProvidence, RI 02903
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$1,660 - $1,7851 Bedroom Apartments Available Now
Parkview
180 Parkview DrPawtucket, RI 02861
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1 to 2 Bedroom Apartments
Northfield Manor
60 Hurdis StNorth Providence, RI 02904
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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1 to 2 Bedroom Apartments
Lincoln Lofts
90 Industrial CirLincoln, RI 02865
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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 | $1,992 | $742 | $3,599 |
| Providence 1 Bedroom Apartments | $2,228 | $750 | $4,500 |
| Providence 2 Bedroom Apartments | $2,750 | $1,205 | $6,573 |
| Providence 3 Bedroom Apartments | $2,713 | $1,550 | $7,200 |
| Providence 4 Bedroom Apartments | $3,674 | $900 | $10,000+ |
| Providence 5 Bedroom Apartments | $3,625 | $3,250 | $4,250 |
| Providence 6 Bedroom Apartments | $16,691 | $10,000 | $10,000+ |
Explore Providence
Providence, RI Local Guide
- Providence Neighborhoods
- Nearby Cities
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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.
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Real 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.
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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.
Providence, RIPopulation: 179,335
Ranked #144
in US Census Population by City
Pet Friendly Lifestyle
Ranked #
Among cities in Rhode Island for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Providence, RI Rentals by Map
See the most popular apartments and homes in Providence, RI
Providence, RI Area Reviews
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April • 4+ years in Providence
March 15, 2026Great for students and those who love proximity to the Atlantic coast.
April
December 14, 2025Great for students, families, young professionals, and industry workers.
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 84 Spring St which is listed at $1,345, while the average apartment in Providence costs $5,579.
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 160 regular apartments in Providence that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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
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.
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.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.