
Cheap Apartments for Rent in Providence, RI from $500 (151 Rentals) Page 4 of 4
Search the lowest-cost Apartments available for rent right now in Providence.

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 | $1,981 | $742 | $3,599 |
| Cheap Providence 1 Bedroom Apartments | $2,147 | $780 | $4,500 |
| Cheap Providence 2 Bedroom Apartments | $2,758 | $1,000 | $6,573 |
| Cheap Providence 3 Bedroom Apartments | $2,595 | $833 | $6,000 |
| Cheap Providence 4 Bedroom Apartments | $3,848 | $900 | $10,000+ |
| Providence 5 Bedroom Apartments | $3,925 | $2,800 | $5,000 |
| Providence 6 Bedroom Apartments | $5,597 | $3,600 | $7,594 |
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 $1,495.
What is the price of a cheap apartment in Providence?
The cheapest apartment in Providence is Paragon Mill which is listed at $1,132, while the average apartment in Providence costs $4,730.
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 111 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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.