
Cheap Apartments for Rent in the Downcity Neighborhood of Providence, RI from $500 (100 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downcity area of Providence.


Copley Chambers II & III

0 Potters Ave

Total Monthly Price
21 Radcliffe Ave

68 Russo St

Paragon Mill

68 Russo St

45 Maple St

244 Bowen St

Total Monthly Price
809 Charles St, Unit #3 Third Floor
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1402 Westminster St

457 Admiral St

24 De Soto St

98 Knight St

46 Armstrong Ave

552-554 Union Avenue

Total Monthly Price
27 Trinidad St, Unit Elmhurst / N Providence

Total Monthly Price
10 Huron St

Charles Landing

University Heights Apartments
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The Case-Mead Lofts

72-74 Academy Ave

19 Sparrow St

22 Woonasquatucket Ave, Unit 2nd Floor

Westwood Manor

Angell Street Apartments

Total Monthly Price
46 Barton St, Unit #3

Total Monthly Price
71 Pembroke Ave, Unit 2

Strive Lofts

31 Devereux Ave
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.

40 Seamans St

20 Fiore St

91 Penn St

751 Atwells Ave

Total Monthly Price
86 Home Ave, Unit 3

Total Monthly Price
195 Lippitt St, Unit 2

5 Hillside Ave

30 Victoria St

9 Berlin St

201 Oakland Ave
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20 Kelly St

11 Handy St, Unit 11 handy st

Total Monthly Price
82 Roanoke St, Unit 3

14 Winthrop Ave, Unit 3

35 August St

The Studley

Total Monthly Price
37 Hudson St

266-270 Wickenden St

One Neighborhood Builders Apartments

East Side Apartments
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Downcity, Providence, RI Local Guide

How much does it cost to rent an apartment in Downcity?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downcity Studio Apartments | $2,019 | $742 | $3,220 |
| Downcity 1 Bedroom Apartments | $2,268 | $876 | $5,743 |
| Downcity 2 Bedroom Apartments | $2,908 | $1,205 | $10,000+ |
| Downcity 3 Bedroom Apartments | $2,607 | $1,700 | $6,404 |
| Downcity 4 Bedroom Apartments | $4,492 | $2,100 | $10,000+ |
| Downcity 5 Bedroom Apartments | $3,560 | $2,750 | $5,000 |
| Downcity 6 Bedroom Apartments | $9,455 | $4,200 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 100 rentals with your search options within a 2 mile radius of the Downcity Neighborhood of Providence, RI.
See all Apartments in ProvidenceExplore Providence
Downcity, Providence, RI Local Guide
- Nearby Providence neighborhoods
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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 Paragon Mill priced from $1,132. Charles Landing has the second lowest priced unit, which is a Studio apartment currently listed from $1,525. Here are the most affordable Downcity apartments for rent in Providence, RI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Paragon Mill | 1BR 1BA | 1BR,1BA | $1,132 |
| Charles Landing | Studio | Studio,1BA | $1,525 |
| University Heights Apartments | Elmhurst | Studio,1BA | $1,538 |
| The Case-Mead Lofts | Microloft | Studio,1BA | $1,540 |
| Residences at Woodlawn | 1 Bedroom | 1BR,1BA | $1,545 |
| The Village Lofts | V0x1C | Studio,1BA | $1,548 |
| Douglas Apartments-An Active Adult Community | 1x1 Renovated | 1BR,1BA | $1,550 |
Best Value Apartments for Rent in Downcity, RI
As of February 22, 2026 the best value apartment in the Downcity area is the $0.86 price per square foot 415 Weeden St Model at 415 Weeden St, Unit 2 in the in the Downcity neighborhood starting from $2,100. The second greatest value Downcity apartment is the 18 Piedmont St Model at 18 Piedmont St, Unit Fl 2 starting at $3,150 with a $1.39 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 415 Weeden St, Unit 2 | 415 Weeden St | 3BR,1BA | $0.86 |
| 18 Piedmont St, Unit Fl 2 | 18 Piedmont St | 3BR,3BA | $1.39 |
| 11 Handy St, Unit 11 handy st | 11 Handy St | 2BR,1BA | $0.97 |
| 38 Williams St, Unit 1st floor | 38 Williams St | 3BR,1.5BA | $1.40 |
| 710 River Ave, Unit 2 | 710 River Ave | 2BR,1BA | $1.39 |
| 250 Federal St, Unit 1 | 250 Federal St | 3BR,1BA | $1.46 |
| 43 Westerly Ave, Unit 1st Floor Unit | 43 Westerly Ave | Studio ,1BA | $1.67 |
| 86 Home Ave, Unit 3 | 86 Home Ave | 2BR,1BA | $1.33 |
| 25 Fallon Ave | 25 Fallon Ave | 3BR,1BA | $1.71 |
| 37 Hudson St | 37 Hudson St | 2BR,1BA | $1.70 |
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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.
Pet Friendly LifestyleDowncity, Providence, RI
Ranked #1
Among cities in Rhode Island for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $1,550.
What is the price of a cheap apartment in Downcity?
The cheapest apartment in Downcity is Paragon Mill which is listed at $1,132, while the average apartment in Downcity costs $4,800.
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 2 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 $137 which is $4,663 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

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.