Cheap Homes for Rent in Downcity Neighborhood of Providence, RI from $800 (50 Rentals)

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

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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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.

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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.

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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.

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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 Studio unit found at 110 Benefit Street Apartment Homes priced from $1,400. 112 Waterman St has the second lowest priced unit, which is a Studio apartment currently listed from $1,450. Here are the most affordable Downcity apartments for rent in Providence, RI:

Apartment ListingModel NameBed/BathPriced From
110 Benefit Street Apartment HomesStudioStudio,1BA$1,400
112 Waterman StStudioStudio,1BA$1,450
University Heights ApartmentsElmhurstStudio,1BA$1,535
The Case-Mead LoftsMicroloftStudio,1BA$1,540
Charles LandingStudioStudio,1BA$1,575
Bell Tower PlaceStudioStudio,1BA$1,600
Westwood Manor2 Beds, 1 bath2BR,1BA$1,650
The Village Lofts3-B-3cStudio,1BA$1,700

Best Value Apartments for Rent in Downcity, RI

As of November 14, 2025 the best value apartment in the Downcity area is the $0.72 price per square foot 415 Weeden St Model at 415 Weeden St, Unit 1 in the in the Downcity neighborhood starting from $1,760. The second greatest value Downcity apartment is the 43 Campbell Ter Model at 43 Campbell Ter, Unit 2 starting at $1,850 with a $1.23 price per square foot in the Hope 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.
415 Weeden St, Unit 1415 Weeden St2BR,1BA$0.72
43 Campbell Ter, Unit 243 Campbell Ter3BR,1BA$1.23
32 Goddard St, Unit 132 Goddard St3BR,1BA$1.50
174 Chad Brown St, Unit 1174 Chad Brown St2BR,1BA$1.58
30 Goddard St, Unit 330 Goddard St3BR,1BA$1.58
95 Hudson St, Unit 3rd floor95 Hudson St3BR,1BA$1.75
32 Goddard St, Unit 3rd Floor32 Goddard St1BR,4BA$1.74
25 Fallon Ave, Unit 125 Fallon Ave3BR,1BA$1.71
US Rubber Lofts1 Bed 1 Bath1BR,1BA$1.71
52 Daniel Ave, Unit 52 Daniel Ave52 Daniel Ave1BR,1BA$1.38

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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.

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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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Quick 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.

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Pet Friendly Lifestyle
Downcity, Providence, RI

Ranked #2

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 1420 Apartments for Rent in Downcity, RI with pricing that ranges from $720 to $12,000. There are also 124 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downcity ranging from $800 to $4,400.

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 $4,400 with an average monthly rent of $2,693.

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 $4,200. Four Bedroom Single-Family rentals are also available starting from $2,199 and Four Bedroom Apartments start at $2,100.

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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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.

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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.