
Cheap Homes for Rent in Downcity Neighborhood of Providence, RI from $1,000 (29 Rentals)
Search the lowest-cost Homes available for rent right now in the Downcity area of Providence.

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.

25 Andem St
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.
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.

610 Pawtucket Ave

300 Smithfield Rd

40 Sessions St
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.

53 Urban Ave, Unit Urban Arms Condo

101 Allston Street, Unit LOWER LEVEL Unit B

90 Taft Ave
Downcity, Providence, RI Local Guide

How much does it cost to rent a home in Downcity?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downcity 2 Bedroom Homes for Rent | $2,560 | $1,600 | $5,500 |
Downcity 3 Bedroom Homes for Rent | $2,630 | $2,000 | $3,395 |
Downcity 4 Bedroom Homes for Rent | $3,019 | $2,499 | $3,600 |
Downcity 5 Bedroom Homes for Rent | $4,125 | $3,250 | $5,000 |
Downcity 6 Bedroom Homes for Rent | $3,725 | $3,700 | $3,750 |
Browse Homes for Rent in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Downcity Neighborhood of Providence, RI.
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Downcity, Providence, RI Local Guide
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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. The Case-Mead Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,375. Here are the most affordable Downcity apartments for rent in Providence, RI:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
339-343 Thayer St | 4 Bed | 1BR,1BA | $950 |
The Case-Mead Lofts | Microloft | Studio,1BA | $1,375 |
University Heights Apartments | Elmhurst | Studio,1BA | $1,500 |
FOUND Study College Hill | Main - Efficiency Studio | Studio,1BA | $1,550 |
Charles Landing | Studio w Balcony | Studio,1BA | $1,625 |
The Studley | Studio | 1BR,1BA | $1,625 |
Best Value Apartments for Rent in Downcity, RI
As of August 05, 2025 the best value apartment in the Downcity area is the $0.50 price per square foot 83 Terrace Ave Model at 83 Terrace Ave, Unit 1 in the in the Manton neighborhood starting from $1,850. The second greatest value Downcity apartment is the 14 Florence St Model at 14 Florence St, Unit Apt 1 starting at $2,350 with a $1.07 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
83 Terrace Ave, Unit 1 | 83 Terrace Ave | 1BR,1BA | $0.50 |
14 Florence St, Unit Apt 1 | 14 Florence St | 4BR,1BA | $1.07 |
164 Bridgham St, Unit #1 | 164 Bridgham St | 4BR,1BA | $1.50 |
292 Douglas Ave, Unit 1st Floor | 292 Douglas Ave | 2BR,1BA | $1.25 |
Paragon Mill | 3BR 2BA | 3BR,2BA | $1.54 |
26 Tyndall Ave, Unit 3 | 26 Tyndall Ave | 3BR,1BA | $1.70 |
61 Cypress St, Unit 2 | 61 Cypress St | 3BR,1BA | $1.50 |
71 Pinehurst Ave, Unit 3 | 71 Pinehurst Ave | 3BR,1BA | $1.67 |
48 Pembroke Ave, Unit 2nd Floor - 48A | 48 Pembroke Ave | 3BR,1BA | $1.69 |
61 Pembroke Ave, Unit 1 | 61 Pembroke Ave | 3BR,1BA | $1.56 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Downcity
What type of rentals are currently available in Downcity?
There are currently 1398 Apartments for Rent in Downcity, RI with pricing that ranges from $720 to $23,324. There are also 102 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downcity ranging from $1,050 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 $1,050 to $5,500 with an average monthly rent of $2,790.
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 $3,395. Four Bedroom Single-Family rentals are also available starting from $2,499 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.

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.