Cheap Apartments for Rent in the Downcity Neighborhood of Providence, RI from $400 (41 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downcity area of Providence.

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21 Radcliffe Ave
$950
Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950
1 Bedroom Apartment Available Soon

21 Radcliffe Ave

21 Radcliffe AveProvidence, RI 02908
Furnished
  • Smoke Free

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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East Side Apartments
Studio to 1 Bedroom Apartments

East Side Apartments

83 Doyle AveProvidence, RI 02904
Senior Living
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9 Euclid Ave
1 to 6 Bedroom Apartments

9 Euclid Ave

9 Euclid AveProvidence, RI 02906
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The Plant
Studio to 1 Bedroom Apartments

The Plant

60 Valley StProvidence, RI 02909
  • Utilities Included
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The 91 Lofts
Studio Apartments

The 91 Lofts

91 Hartford AveProvidence, RI 02909
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280 Benefit St
Studio to 2 Bedroom Apartments

280 Benefit St

280 Benefit StProvidence, RI 02903
Student Housing
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18 8th St
Studio to 2 Bedroom Apartments

18 8th St

18 8th StProvidence, RI 02906

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.

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Alumni East Apartments
Studio to 2 Bedroom Apartments

Alumni East Apartments

331 Hope StProvidence, RI 02906
  • Utilities Included
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Providence Arcade
1 Bedroom Apartments

Providence Arcade

65 Weybosset StProvidence, RI 02903
  • Utilities Included
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151 Franklin Ave
2 Bedroom Apartments

151 Franklin Ave

151 Franklin AveCranston, RI 02920
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Northfield Manor
1 to 2 Bedroom Apartments

Northfield Manor

60 Hurdis StNorth Providence, RI 02904
  • Utilities Included
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Mineral Spring Gardens
1 to 2 Bedroom Apartments

Mineral Spring Gardens

1905 Mineral Spring AveNorth Providence, RI 02904
Senior Living
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-41, Page 1 of 1

Downcity, Providence, RI Local Guide

Cheapest Available Downcity Apartments for Rent

 

The cheapest available apartment rental in the Downcity area of Providence, RI is a 1 Bed unit found at The Flynn priced from $1,171. 244 Bowen St has the second lowest priced unit, which is a Studio apartment currently listed from $1,400. Here are the most affordable Downcity apartments for rent in Providence, RI:

Apartment ListingModel NameBed/BathPriced From
The Flynn1 Bedroom1BR,1BA$1,171
244 Bowen StStudioStudio,1BA$1,400
98 Anthony Ave1 Beds, 1 Baths1BR,1BA$1,450
122 Benefit Street Apartment HomesStudioStudio,1BA$1,465
Case Mead LoftsMicro-LoftStudio,1BA$1,540

Best Value Apartments for Rent in Downcity, RI

As of July 08, 2026 the best value apartment in the Downcity area is the $1.48 price per square foot 1 Bedroom Model at Westminster Lofts in the in the College Hill neighborhood starting from $2,345. The second greatest value Downcity apartment is the 61 Cypress St Model at 61 Cypress St, Unit 2 starting at $2,250 with a $1.54 price per square foot in the Hope neighborhood. Here is today’s list of the best values for Downcity apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Westminster Lofts1 Bedroom1BR,1BA$1.48
61 Cypress St, Unit 261 Cypress St3BR,1BA$1.54
710 River Ave, Unit 2710 River Ave2BR,1BA$1.25
30 Pekin St, Unit Apt230 Pekin St2BR,1BA$1.61
76 Providence St, Unit FL 176 Providence St1BR,1BA$0.60
97 Raymond St, Unit Newly renovated 3BR Apartment97 Raymond St3BR,1BA$1.63
8 Auburn Ave, Unit 10 Auburn Ave8 Auburn Ave1BR,1BA$1.50
25 Fallon Ave, Unit 125 Fallon Ave3BR,1BA$1.52
583 Charles St583 Charles St2BR,1BA$1.50
77 Star St, Unit 177 Star St2BR,1BA$1.72

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.

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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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Pet Friendly Lifestyle
Downcity, Providence, RI

Ranked #1

Among cities in Rhode Island for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Downcity, Providence, RI

School data provided by Great Schools

Lifestyle Ratings

Our team of engineers and researchers is happy to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Providence. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, transit availability, pet-friendly communities, family-friendly amenities, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Downcity Apartments

What is a cheap apartment in Downcity?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downcity is under $1,540.

What is the price of a cheap apartment in Downcity?

The cheapest apartment in Downcity is The Flynn which is listed at $1,171, while the average apartment in Downcity costs $3,725.

What types of apartments are the cheapest in Downcity?

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 29 regular apartments in Downcity 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 Downcity?

Cheap apartments in Downcity have an average cost of $226 which is $3,499 cheaper than the average rent for all rentals in Downcity.

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

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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.

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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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.

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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.