Cheap Homes for Rent in Downcity Neighborhood of Providence, RI from $800 (36 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downcity area of Providence.

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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property at 30 Grafton St

30 Grafton St

ProvidenceRI02904

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.

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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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The 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.

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Showing Results 1-36, Page 1 of 1

Downcity, Providence, RI Local Guide

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 339-343 Thayer St priced from $950. FOUND Study College Hill has the second lowest priced unit, which is a Studio apartment currently listed from $1,495. Here are the most affordable Downcity apartments for rent in Providence, RI:

Apartment ListingModel NameBed/BathPriced From
339-343 Thayer St4 Bed1BR,1BA$950
FOUND Study College HillMain - Efficiency StudioStudio,1BA$1,495
University Heights ApartmentsElmhurstStudio,1BA$1,570
Charles LandingStudioStudio,1BA$1,575
Residences at Woodlawn1 Bedroom1BR,1BA$1,595

Best Value Apartments for Rent in Downcity, RI

As of September 20, 2025 the best value apartment in the Downcity area is the $1.13 price per square foot 292 Douglas Ave Model at 292 Douglas Ave, Unit 1st Floor in the in the Manton neighborhood starting from $1,800. The second greatest value Downcity apartment is the 185 Oakland Ave Model at 185 Oakland Ave, Unit 2 starting at $2,500 with a $1.67 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.
292 Douglas Ave, Unit 1st Floor292 Douglas Ave2BR,1BA$1.13
185 Oakland Ave, Unit 2185 Oakland Ave3BR,1BA$1.67
61 Cypress St, Unit 261 Cypress St3BR,1BA$1.37
1 Metcalf Ave, Unit 21 Metcalf Ave3BR,1BA$1.76
30 Goddard St, Unit 330 Goddard St3BR,1BA$1.71
32 Goddard St, Unit 3rd Floor32 Goddard St1BR,4BA$1.74
13 Stayton St, Unit 2nd floor13 Stayton St2BR,1BA$1.68
15 Pinehurst Ave, Unit #215 Pinehurst Ave2BR,1BA$1.73
151 Regent Ave, Unit 151 Regent #3151 Regent Ave2BR,1BA$1.72
26-2 Cooper St, Unit Cooper26-2 Cooper St2BR,1BA$1.75

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Downcity, Providence, RI

Ranked #28

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

Frequently Asked Questions about Downcity

What type of rentals are currently available in Downcity?

There are currently 1404 Apartments for Rent in Downcity, RI with pricing that ranges from $720 to $7,932. There are also 88 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downcity ranging from $800 to $5,500.

What is the current price range for Rental Homes in Downcity?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downcity ranges from $800 to $5,500 with an average monthly rent of $3,101.

How much are larger Three and Four Bedroom Rentals in Downcity?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downcity range from $1,327 to $5,867, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $3,750. Four Bedroom Single-Family rentals are also available starting from $2,399 and Four Bedroom Apartments start at $2,200.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.