Cheap Apartments for Rent in the Downcity Neighborhood of Providence, RI from $500 (96 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 Now

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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property at 927 Smith St

$1,500 - $1,800

2 Bedroom Rentals

Available Now

927 Smith St

ProvidenceRI02908

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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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67 Bellevue Ave
$1,700 - $1,900
Total Monthly Price

Total Monthly Price

Base Rent
$1,700 - $1,900
Total Monthly Price
$1,700 - $1,900
2 to 3 Bedroom Apartment Available Jun 1

67 Bellevue Ave

67 Bellevue AveProvidence, RI 02907
Cost Per Sq.Ft.

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.

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Showing Results 1-50, Page 1 of 2

Downcity, Providence, RI Local Guide

Cheapest Available Downcity Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Residences at Woodlawn1 Bedroom1BR,1BA$1,545
Charles LandingStudioStudio,1BA$1,600

Best Value Apartments for Rent in Downcity, RI

As of May 24, 2026 the best value apartment in the Downcity area is the $1.59 price per square foot 1 Kendall St Model at 1 Kendall St, Unit 201 in the in the Manton neighborhood starting from $2,662. The second greatest value Downcity apartment is the 34 Pembroke Ave Model at 34 Pembroke Ave, Unit 34 starting at $2,500 with a $1.56 price per square foot in the Manton 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.
1 Kendall St, Unit 2011 Kendall St4BR,1.5BA$1.59
34 Pembroke Ave, Unit 3434 Pembroke Ave4BR,1BA$1.56
Westminster Lofts1 Bedroom1BR,1BA$1.48
46 Pembroke Ave, Unit 4646 Pembroke Ave3BR,1BA$1.43
10 Bainbridge Ave, Unit Bainbridge10 Bainbridge Ave3BR,1BA$0.57
710 River Ave, Unit 2710 River Ave2BR,1BA$1.39
76 Providence St, Unit FL 176 Providence St1BR,1BA$0.60
97 Raymond St, Unit 97 Raymond St Providence97 Raymond St3BR,1BA$1.63
8 Auburn Ave, Unit 10 Auburn Ave8 Auburn Ave1BR,1BA$1.50
583 Charles St583 Charles St2BR,1BA$1.50

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 $1,600.

What is the price of a cheap apartment in Downcity?

The cheapest apartment in Downcity is Residences at Woodlawn which is listed at $1,545, while the average apartment in Downcity costs $16,544.

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 14 regular apartments in Downcity 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

decorative image for From Blue-Collar to Bustling: Discover the Best Affordable Neighborhoods for Renting in Providence article

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.