
Cheap Apartments for Rent in Providence, RI from $500 (101 Rentals) Page 2 of 3
Search the lowest-cost Apartments available for rent right now in Providence.


Lockwood Plaza Apartments

Alumni East Apartments

Omni Point Apartments

26-28 Pitman St

Charles Place Apartments

Providence Arcade

160 Atlantic Ave

101 Hillside Ave.

110 Benefit Street Apartment Homes
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.

112 Waterman St

Allen House Apartments

22-24 Pocasset Ave

112 Keene St

122 Benefit Street Apartment Homes

The 903 Residences At Providence Place

530 Broadway

343 Broadway, Unit 2L

Total Monthly Price
37 Bowers St

Total Monthly Price
524 Atwood Ave, Unit Apartment C
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.

Total Monthly Price
22 John St, Unit 1

161 Montgomery St, Unit 8

52 Jackson St, Unit 1

72 Mowry St

The Presley Apartments

159 Montgomery St, Unit 5

Evergreen Apartments

Lofts at Lyman Mill

Brook Village Apartments

151 Franklin Ave
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.

Midland Manor Apartments

Northfield Manor

Mineral Spring Gardens

Lincoln Lofts

Countryside Terrace

Building 11

Greenbrier Apartments

84 Spring St

166 Division St

Four Seasons South
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.

Hillside Terrace Apartments

63 Darling St

Lofts 125

100 Dexter St

84 Prospect St

98 Anthony Ave

East Shore Apartment Homes

Garden Village

Friendly Community Manor

Dean Estates
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.
Providence, RI Local Guide

How much does it cost to rent an apartment in Providence?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Providence Studio Apartments | $1,940 | $742 | $3,462 |
| Cheap Providence 1 Bedroom Apartments | $2,119 | $800 | $4,445 |
| Cheap Providence 2 Bedroom Apartments | $2,605 | $1,205 | $6,133 |
| Cheap Providence 3 Bedroom Apartments | $2,666 | $1,695 | $6,977 |
| Cheap Providence 4 Bedroom Apartments | $3,510 | $780 | $6,000 |
| Providence 5 Bedroom Apartments | $3,525 | $2,800 | $4,250 |
Browse Top Apartments in Providence
See all Apartments in ProvidenceExplore 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 the Cheapest Studio apartment in Providence?
Currently the most affordable Cheap Studio Apartment in Providence is at 244 Bowen St listed at $1,400.
How much is rent for a Cheap One Bedroom Providence Apartment?
The lowest price for a Cheap One Bedroom Providence Apartment is $1,171 at The Flynn.
What is the lowest price for a Cheap Two Bedroom Providence Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Providence is starting from $1,390 at The Flynn.
What is the most affordable Providence Three Bedroom Apartment?
The best deal on a cheap Providence Three Bedroom Apartment rental is at The Flynn and starts from $2,190.
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.

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.