
Cheap Apartments for Rent in Providence, RI from $500 with Washer/Dryer (66 Rentals)
Search the lowest-cost Apartments available for rent right now in Providence.


Copley Chambers II & III

78 Potters Ave

206 California Ave, Unit 206C-3

205 Washington Ave, Unit 205W-1

Total Monthly Price
123 Vinton St, Unit 2

Total Monthly Price
21 Radcliffe Ave

13 Albro St, Unit Room

85 Vinton St, Unit 85V-1

85 Vinton St, Unit 85V-2
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.

205 Washington Ave, Unit 205W-2

206 California Ave, Unit 206C-3

206 California Ave, Unit 204C-1

205 Washington Ave, Unit 205W-2

85 Vinton St, Unit 85V-2

85 Vinton St, Unit 85V-1

Paragon Mill

80 Potters Ave, Unit 3

The Flynn

205 Washington Ave, Unit 205W-1
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.

205 Washington Ave, Unit 205W-1

205 Washington Ave, Unit 205W-2

205 Washington Ave, Unit 205W-1

205 Washington Ave, Unit 205W-2

205 Washington Ave, Unit 205W-2

85 Vinton St, Unit 85V-1

Total Monthly Price
583 Charles St

Angell Street Apartments

185 Broadway

Total Monthly Price
150 Acorn St, Unit 1
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.

Westfield Lofts

Total Monthly Price
10 Winsor St, Unit 1st floor

FOUND Study College Hill

University Heights Apartments

Strive Lofts

Total Monthly Price
150 Acorn St, Unit 1

Tempo

FOUND Study College Hill

Omni Point Apartments

26-28 Pitman St
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.

530 Broadway

The 903 Residences At Providence Place

40 Jones St

296 Benefit St.

12 Piedmont

Wanskuck Mills

The Alice Building

221 Doyle Ave

Lofts at Lyman Mill

Total Monthly Price
508 Woodward Rd, Unit Woodward Rd #2
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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 | $1,962 | $742 | $3,557 |
| Providence 1 Bedroom Apartments | $2,215 | $750 | $4,500 |
| Providence 2 Bedroom Apartments | $2,750 | $1,205 | $6,573 |
| Providence 3 Bedroom Apartments | $2,696 | $1,550 | $7,200 |
| Providence 4 Bedroom Apartments | $3,702 | $900 | $10,000+ |
| Providence 5 Bedroom Apartments | $3,875 | $3,500 | $4,250 |
Explore Providence

Providence, RI Local Guide
- Providence Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $4,423.
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 168 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 $432 which is $3,991 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

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.

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.

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.