
Cheap Apartments for Rent in Providence, RI from $500 with Washer/Dryer (30 Rentals)
Search the lowest-cost Apartments available for rent right now in Providence.


Total Monthly Price
21 Radcliffe Ave

206 California Ave, Unit 206C-3

13 Albro St, Unit Room

205 Washington Ave, Unit 205W-1

0 Potters Ave

206 California Ave, Unit 204C-1
Your Local Guide to Providence Student Housing: Best Neighborhoods for College Renters
Discover affordable off-campus rentals and the best local neighborhoods for college life, featuring expert tips from a seasoned renter.

205 Washington Ave, Unit 205W-2

85 Vinton St, Unit 85V-1

85 Vinton St, Unit 85V-2

85 Vinton St, Unit 85V-1

Paragon Mill

80 Potters Ave, Unit 3

The Flynn
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.

205 Washington Ave, Unit 205W-1

205 Washington Ave, Unit 205W-2

205 Washington Ave, Unit 205W-2

205 Washington Ave, Unit 205W-1

205 Washington Ave, Unit 205W-2

205 Washington Ave, Unit 205W-1

85 Vinton St, Unit 85V-2
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.

85 Vinton St, Unit 85V-1

FOUND Study College Hill

Omni Point Apartments

26-28 Pitman St

530 Broadway

The 903 Residences At Providence Place

Lofts at Lyman Mill
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.

Lofts 125

100 Dexter St
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 | $1,957 | $742 | $3,449 |
| Providence 1 Bedroom Apartments | $2,130 | $800 | $4,445 |
| Providence 2 Bedroom Apartments | $2,605 | $1,205 | $6,138 |
| Providence 3 Bedroom Apartments | $2,673 | $1,695 | $6,977 |
| Providence 4 Bedroom Apartments | $3,580 | $780 | $6,000 |
| Providence 5 Bedroom Apartments | $3,525 | $2,800 | $4,250 |
Browse Top Apartments in Providence
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Providence, RI Local Guide
- Providence Neighborhoods
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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.
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.
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
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 $1,400.
What is the price of a cheap apartment in Providence?
The cheapest apartment in Providence is The Flynn which is listed at $1,171, while the average apartment in Providence costs $2,532.
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 175 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 $506 which is $2,026 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

Your Local Guide to Providence Student Housing: Best Neighborhoods for College Renters
Written by: M. April Tome
Hi, I’m April, your local guide for living in Providence, RI. I attended college in Providence and lived in this great city for many years.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.