
Cheap Studio Apartments for Rent in the Downcity Neighborhood of Providence, RI from $742 (23 Rentals)


Copley Chambers II & III

244 Bowen St

Case Mead Lofts

7 Sheldon St

Angell Street Apartments

Charles Landing
Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

Strive Lofts

One Neighborhood Builders Apartments

East Side Apartments

The Plant

280 Benefit St

The 91 Lofts

Tempo
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

18 8th St

FOUND Study College Hill

122 Benefit Street Apartment Homes

Charles Place Apartments

112 Waterman St

The 903 Residences At Providence Place

110 Benefit Street Apartment Homes
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.

The Alice Building

Total Monthly Price
102 Francis Ave
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 | $2,052 | $742 | $3,449 |
| Downcity 1 Bedroom Apartments | $2,316 | $780 | $4,500 |
| Downcity 2 Bedroom Apartments | $2,968 | $1,205 | $7,200 |
| Downcity 3 Bedroom Apartments | $2,630 | $850 | $5,908 |
| Downcity 4 Bedroom Apartments | $4,059 | $1,950 | $10,000+ |
| Downcity 5 Bedroom Apartments | $3,666 | $3,250 | $4,250 |
| Downcity 6 Bedroom Apartments | $16,544 | $10,000 | $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 ArticleReal 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 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 $1,600.
What is the price of a cheap apartment in Downcity?
The cheapest apartment in Downcity is Charles Landing which is listed at $1,600, 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.
How do the prices of cheap apartments compare to the average apartment in Downcity?
Cheap apartments in Downcity have an average cost of $197 which is $16,347 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.

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.

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.

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.