
Cheap Apartments for Rent in the Downcity Neighborhood of Providence, RI from $500 (167 Rentals) Page 2 of 4
Search the lowest-cost Apartments available for rent right now in the Downcity area of Providence.


Strive Lofts

Total Monthly Price
134 Benefit St, Unit 6

372 Broadway, Unit 4

33 Vinton St

Total Monthly Price
71 Pembroke Ave, Unit 1

280 Benefit St

622 Union Ave, Unit 4

Total Monthly Price
17 Richter St, Unit 1

Westminster Lofts
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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.

University Heights Apartments

Total Monthly Price
119 Hanover St, Unit 2

11 Windmill St

The Studley

Total Monthly Price
31 Ceres St, Unit 2R

Rising Sun Mills

137 Ethan St

20 Social St, Unit 1

385 Pine St, Unit 2

381 Pine St, Unit 1
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

13 Albro St, Unit 1B

Total Monthly Price
21 Dale St

The Bradford

716 River Ave

Total Monthly Price
710 River Ave, Unit 2

169 Knight St, Unit 2

121 Stanwood St, Unit 3

536 Smith St, Unit 106

84 Harold St, Unit 3rd Floor

165 Oakland Ave, Unit First Floor
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

508 Chalkstone Ave, Unit 3

266-270 Wickenden St

One Neighborhood Builders Apartments

183 Jewett St

East Side Apartments

9 Euclid Ave

Sutterfield Apartment Homes

The Plant

The 91 Lofts

445 Hope St
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.

18 8th St

FOUND Study College Hill

Lockwood Plaza Apartments

Alumni East Apartments

Omni Point Apartments

86 Appleton St

86 Berkley St

66 Borinquen St

Charles Place Apartments

Providence Arcade
The Art of the Rental Viewing: What to look for during a property tour
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.
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 | $1,981 | $742 | $2,655 |
| Downcity 1 Bedroom Apartments | $2,268 | $876 | $4,445 |
| Downcity 2 Bedroom Apartments | $2,699 | $1,205 | $6,133 |
| Downcity 3 Bedroom Apartments | $2,624 | $1,600 | $6,977 |
| Downcity 4 Bedroom Apartments | $3,371 | $780 | $6,000 |
| Downcity 5 Bedroom Apartments | $3,525 | $2,800 | $4,250 |
Browse Apartments in this Neighborhood
There are currently 167 rentals with your search options within a 2 mile radius of the Downcity Neighborhood of Providence, RI.
See all Apartments in ProvidenceExplore Providence
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 $3,525.
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 $344 which is $3,181 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

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.

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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
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.