Cheap Homes for Rent in Downcity Neighborhood of Providence, RI from $800 (47 Rentals)

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

property at 33 Hamilton St

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875
Total Monthly Price
$875

4 Bedroom, 3.5 Bath Home for Rent

Available Now

33 Hamilton St

ProvidenceRI02907

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.

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

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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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From Blue-Collar to Bustling: Discover the Best Affordable Neighborhoods for Renting in Providence

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property at 129 Allston St

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700
Total Monthly Price
$1,700

2 Bedroom, 1 Bath Home for Rent

Available Now

129 Allston St

ProvidenceRI02908

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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property at 53 Bancroft St

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700
Total Monthly Price
$1,700

3 Bedroom, 1 Bath Home for Rent

Available Now

53 Bancroft St

ProvidenceRI02909
Showing Results 1-47, 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 22-24 Pocasset Ave priced from $1,500. Westwood Manor has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,550. Here are the most affordable Downcity apartments for rent in Providence, RI:

Apartment ListingModel NameBed/BathPriced From
22-24 Pocasset Ave1 x 11BR,1BA$1,500
Westwood Manor2A-R2BR,1BA$1,550
FOUND Study College HillEfficiency Studio Main - Providence 26-271BR,1BA$1,595
The Case-Mead LoftsStudioStudio,1BA$1,600

Best Value Apartments for Rent in Downcity, RI

As of April 18, 2026 the best value apartment in the Downcity area is the $1.45 price per square foot 3 Bed 2 Bath Model at US Rubber Lofts in the in the Manton neighborhood starting from $2,680. The second greatest value Downcity apartment is the 2 Bedroom Model at Residences at Woodlawn starting at $1,805 with a $1.09 price per square foot in the Downcity 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.
US Rubber Lofts3 Bed 2 Bath3BR,2BA$1.45
Residences at Woodlawn2 Bedroom2BR,1BA$1.09
34 Pembroke Ave, Unit 3434 Pembroke Ave4BR,1BA$1.56
46 Pembroke Ave, Unit 4646 Pembroke Ave3BR,1BA$1.43
710 River Ave, Unit 2710 River Ave2BR,1BA$1.39
1129 Main St, Unit 11129 Main St3BR,1BA$1.50
76 Providence St, Unit FL 176 Providence St1BR,1BA$0.60
800 Plainfield St800 Plainfield St2BR,1BA$1.50
26 Wallace St, Unit 3rd floor26 Wallace St2BR,1BA$1.55
27 Thornley St, Unit Apartment 327 Thornley St3BR,1BA$1.60

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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 #1

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 1390 Apartments for Rent in Downcity, RI with pricing that ranges from $742 to $15,940. There are also 217 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downcity ranging from $875 to $8,000.

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 $875 to $8,000 with an average monthly rent of $2,952.

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 $1,600 to $6,450, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $3,400. Four Bedroom Single-Family rentals are also available starting from $875 and Four Bedroom Apartments start at $900.

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

decorative image for From Blue-Collar to Bustling: Discover the Best Affordable Neighborhoods for Renting in Providence article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.