Cheap Apartments for Rent in the Downcity Neighborhood of Providence, RI from $500 (53 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
33 Doyle Ave, Unit 3
$750
Total Monthly Price

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750
4 Bedroom Apartment Available Oct 1

33 Doyle Ave, Unit 3

33 Doyle AveProvidence, RI 02906
close
View Me
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

Your Local Guide to Providence Student Housing: Best Neighborhoods for College Renters

Discover affordable off-campus rentals and the best local neighborhoods for college life, featuring expert tips from a seasoned renter.

Read Article

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article
close
View Me
East Side Apartments
Studio to 1 Bedroom Apartments

East Side Apartments

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

9 Euclid Ave

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

The Plant

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

The 91 Lofts

91 Hartford AveProvidence, RI 02909

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.

Read Article
close
View Me
280 Benefit St
Studio to 2 Bedroom Apartments

280 Benefit St

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

18 8th St

18 8th StProvidence, RI 02906
close
View Me
Alumni East Apartments
Studio to 2 Bedroom Apartments

Alumni East Apartments

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

Providence Arcade

65 Weybosset StProvidence, RI 02903
  • 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.

Read Article
close
View Me
112 Keene St
1 to 3 Bedroom Apartments

112 Keene St

112 Keene StProvidence, RI 02906
  • Utilities Included
close
View Me
22-24 Pocasset Ave
1 to 2 Bedroom Apartments

22-24 Pocasset Ave

22-24 Pocasset AveProvidence, RI 02909
close
View Me
112 Waterman St
Studio to 1 Bedroom Apartments

112 Waterman St

112 Waterman StProvidence, RI 02906
close
View Me
530 Broadway
Studio to 1 Bedroom Apartments

530 Broadway

530 BroadwayProvidence, RI 02909
  • Utilities Included
close
View Me
151 Franklin Ave
2 Bedroom Apartments

151 Franklin Ave

151 Franklin AveCranston, RI 02920

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article
Showing Results 1-50, Page 1 of 2

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. 155 Elmwood Avenue has the second lowest priced unit, which is a Studio apartment currently listed from $1,200. Here are the most affordable Downcity apartments for rent in Providence, RI:

Apartment ListingModel NameBed/BathPriced From
The Flynn1 Bedroom1BR,1BA$1,171
155 Elmwood Avenue0BR/1.0BAStudio,1BA$1,200
The Avenue - One Neighborhood BuildersOne Bedroom 60%1BR,1BA$1,261
98 Anthony Ave1 Beds, 1 Baths1BR,1BA$1,350
244 Bowen StStudioStudio,1BA$1,400
FOUND Study College Hill2 Bed 2 Bath Canal - Providence 26-272BR,2BA$1,445
110 Benefit Street Apartment HomesStudioStudio,1BA$1,445
Case Mead LoftsMicro-LoftStudio,1BA$1,540
Angell Street ApartmentsStudioStudio,1BA$1,575

Best Value Apartments for Rent in Downcity, RI

As of August 23, 2026 the best value apartment in the Downcity area is the $1.87 price per square foot 164 Bridgham St Model at 164 Bridgham St, Unit Apartment #1 in the in the Manton neighborhood starting from $2,800. The second greatest value Downcity apartment is the 61 Cypress St Model at 61 Cypress St, Unit 2 starting at $1,860 with a $1.28 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.
164 Bridgham St, Unit Apartment #1164 Bridgham St4BR,1BA$1.87
61 Cypress St, Unit 261 Cypress St3BR,1BA$1.28
561 Hope St, Unit 1561 Hope St2BR,1BA$1.88
30 Pekin St, Unit Apt230 Pekin St2BR,1BA$1.61
3 Cargill St, Unit 23 Cargill St3BR,1BA$1.81
39 7th St, Unit Apartment for rent39 7th St3BR,1BA$1.60
32 Goddard St, Unit 3rd Floor32 Goddard St1BR,4BA$1.74
148 De Pasquale Ave, Unit 3rd Floor148 De Pasquale Ave4BR,1BA$1.73
71 Felix St, Unit FELIX 3RD71 Felix St3BR,1BA$1.84
The Village LoftsV0x1CStudio ,1BA$1.75

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 Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

decorative image of woman handing cat to small boy

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 $1,575.

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 $2,245.

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 34 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 $317 which is $1,928 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

decorative image for Your Local Guide to Providence Student Housing: Best Neighborhoods for College Renters article

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.

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.