
Apartments for Rent in Providence, RI Under $700 (3 Rentals)

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.

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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.

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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 Under $700 | $2,002 | $742 | $3,599 |
| Providence 1 Bedroom Apartments Under $700 | $2,168 | $780 | $4,500 |
| Providence 2 Bedroom Apartments Under $700 | $2,742 | $1,000 | $6,573 |
| Providence 3 Bedroom Apartments Under $700 | $2,616 | $900 | $6,000 |
| Providence 4 Bedroom Apartments Under $700 | $3,757 | $900 | $10,000+ |
| Providence 5 Bedroom Apartments | $3,690 | $2,800 | $4,250 |
| Providence 6 Bedroom Apartments | $3,550 | $3,500 | $3,600 |
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Providence, RI Local Guide
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Real 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.
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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!
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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 Providence
How much are Studio apartments in Providence?
There are currently 888 Studio Apartments in Providence with rent ranges from $742 to $3,599 with an average price of $2,002.
What is the current price range for One Bedroom Providence Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Providence ranges from $780 to $4,500 with an average monthly rent of $2,168.
What does renting a Two Bedroom Apartment in Providence cost?
The monthly rent prices of Two Bedroom Apartments currently available in Providence range from $1,000 to $6,573. Today's average rental price for Two Bedrooms here is $2,742.
How expensive are Providence Three Bedroom Apartments?
There are currently 475 Three Bedroom Apartments listings available in Providence on ApartmentHomeLiving.com. The pricing ranges from $900 to $6,000 - averaging $2,616 for the location.
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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.