
Cheap 2 Bedroom Apartments for Rent in the Downtown Providence Neighborhood of Providence, RI from $1,205 (11 Rentals)


FOUND Study College Hill

Copley Chambers II & III

308 Benefit St

298 Wickenden St, Unit 5
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.

298 Wickenden St, Unit 4

FOUND Study College Hill

302 Benefit st/Luxury Residences for Lease

Merchant Bank Building

280 Benefit St
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

136 Benefit st/ Luxury Residences for Lease
Downtown Providence, Providence, RI Local Guide

How much does it cost to rent an apartment in Downtown Providence?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Providence Studio Apartments | $2,090 | $742 | $2,675 |
| Downtown Providence 1 Bedroom Apartments | $2,625 | $876 | $4,445 |
Downtown Providence 2 Bedroom Apartments | $3,693 | $1,205 | $7,200 |
| Downtown Providence 3 Bedroom Apartments | $4,311 | $2,706 | $5,908 |
| Downtown Providence 4 Bedroom Apartments | $5,562 | $4,250 | $6,000 |
Explore Providence
Frequently Asked Questions about Cheap Downtown Providence Apartments
What is a cheap apartment in Downtown Providence?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Providence is under $2,231.
What is the price of a cheap apartment in Downtown Providence?
The cheapest apartment in Downtown Providence is FOUND Study College Hill which is listed at $1,710, while the average apartment in Downtown Providence costs $6,000.
What types of apartments are the cheapest in Downtown Providence?
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 9 regular apartments in Downtown Providence 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 Downtown Providence?
Cheap apartments in Downtown Providence have an average cost of $119 which is $5,881 cheaper than the average rent for all rentals in Downtown Providence.
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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.