
Cheap Studio Apartments for Rent in the Downcity Neighborhood of Providence, RI from $742 (25 Rentals)


University Heights Apartments

The Case-Mead Lofts
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.

The 870 Reserve
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.
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.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $1,958 | $742 | $3,131 |
| Downcity 1 Bedroom Apartments | $2,347 | $876 | $5,867 |
| Downcity 2 Bedroom Apartments | $3,019 | $1,205 | $8,116 |
| Downcity 3 Bedroom Apartments | $2,695 | $1,550 | $5,867 |
| Downcity 4 Bedroom Apartments | $4,800 | $1,995 | $10,000+ |
| Downcity 5 Bedroom Apartments | $3,350 | $2,900 | $4,000 |
| Downcity 6 Bedroom Apartments | $18,213 | $4,800 | $10,000+ |
Explore Providence
Downcity, Providence, RI Local Guide
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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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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
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 $1,650.
What is the price of a cheap apartment in Downcity?
The cheapest apartment in Downcity is University Heights Apartments which is listed at $1,440, while the average apartment in Downcity costs $18,213.
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 11 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 $17,987 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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!




















