
Cheap Apartments for Rent in Providence, RI from $500 with Washer/Dryer (63 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in Providence.


Total Monthly Price
135 - 153 Waterman Ave

Pine Street Apartments

The Residences at Garden City

Roosevelt Mills

Shorewood Apartments
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.

Greystone Lofts

Moore Mill Lofts

Winchester Park and Woods

Total Monthly Price
23 Frenier Ave, Unit 23 Frenier Ave

Lofts 125

100 Dexter St
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.

Chateau Belvedere
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 | $1,976 | $742 | $3,599 |
| Providence 1 Bedroom Apartments | $2,237 | $750 | $4,500 |
| Providence 2 Bedroom Apartments | $2,759 | $1,205 | $6,573 |
| Providence 3 Bedroom Apartments | $2,721 | $1,550 | $7,854 |
| Providence 4 Bedroom Apartments | $3,672 | $900 | $10,000+ |
| Providence 5 Bedroom Apartments | $3,625 | $3,250 | $4,250 |
| Providence 6 Bedroom Apartments | $13,227 | $10,000 | $10,000+ |
Explore Providence
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 $1,470.
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 $5,250.
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 135 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 $435 which is $4,815 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.

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.