
Cheap Studio Apartments for Rent in Providence, RI from $742 (44 Rentals)


Copley Chambers II & III

244 Bowen St

Case Mead Lofts

Angell Street Apartments

Charles Landing

University Heights Apartments

Strive Lofts
Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

280 Benefit St

One Neighborhood Builders Apartments

FOUND Study Providence | Student Housing

East Side Apartments

The Plant

The 91 Lofts

Tempo

18 8th St
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

FOUND Study College Hill

26-28 Pitman St

122 Benefit Street Apartment Homes

Charles Place Apartments

112 Waterman St

The 903 Residences At Providence Place

110 Benefit Street Apartment Homes

101 Hillside Ave.
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.

The Alice Building

123 Cottage St.

East Shore Apartment Homes

The Presley Apartments

Parkway Apartments

Lofts at Lyman Mill

Parkview

Newport Avenue Apartments
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.

American Wire Residential Lofts

The Christine Apartments

Total Monthly Price
135 - 153 Waterman Ave

The Village Lofts

Bayside Country Club

Greystone Lofts

Building 11

Four Seasons South
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.

100 Dexter St

Lofts 125

Garden Village

Landings on the Trail Apartment Homes
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 | $1,955 | $742 | $3,557 |
| Providence 1 Bedroom Apartments | $2,215 | $750 | $4,500 |
| Providence 2 Bedroom Apartments | $2,749 | $1,205 | $6,573 |
| Providence 3 Bedroom Apartments | $2,715 | $1,550 | $7,200 |
| Providence 4 Bedroom Apartments | $3,695 | $900 | $10,000+ |
| Providence 5 Bedroom Apartments | $3,875 | $3,500 | $4,250 |
Explore Providence

Providence, RI Local Guide
- Providence Neighborhoods
- Nearby Cities
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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 244 Bowen St which is listed at $1,400, while the average apartment in Providence costs $4,440.
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 172 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 $417 which is $4,023 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.