
Cheap Apartments for Rent in the Downtown Providence Neighborhood of Providence, RI from $700 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Providence area of Providence.


The Case-Mead Lofts

Westminster Lofts

81 Washington St

Regency Plaza
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.

Providence G
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.

302 Benefit st/Luxury Residences for Lease
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.
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 | $2,049 | $742 | $3,131 |
| Downtown Providence 1 Bedroom Apartments | $2,570 | $876 | $4,427 |
| Downtown Providence 2 Bedroom Apartments | $3,758 | $1,205 | $7,478 |
| Downtown Providence 3 Bedroom Apartments | $4,299 | $3,100 | $5,867 |
| Downtown Providence 4 Bedroom Apartments | $5,400 | $3,600 | $6,000 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Downtown Providence Neighborhood of Providence, RI.
See all Apartments in ProvidenceExplore Providence
Downtown Providence, Providence, RI Local Guide
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Cheapest Available Downtown Providence Apartments for Rent
 The cheapest available apartment rental in the Downtown Providence area of Providence, RI is a Studio unit found at The Case-Mead Lofts priced from $1,540. 110 Benefit Street Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,650. Here are the most affordable Downtown Providence apartments for rent in Providence, RI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Case-Mead Lofts | Microloft | Studio,1BA | $1,540 |
| 110 Benefit Street Apartment Homes | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,650 |
| The Studley | Murphy Bed Studio | Studio,1BA | $1,700 |
| Westminster Lofts | Studio | Studio,1BA | $1,710 |
| Regency Plaza | Studio/1 Bath With Walk-In Closets | Studio,1BA | $1,855 |
Best Value Apartments for Rent in Downtown Providence, RI
As of January 03, 2026 the best value apartment in the Downtown Providence area is the $2.79 price per square foot Two Bedroom Loft Model at Park Row West in the in the College Hill neighborhood starting from $3,275. The second greatest value Downtown Providence apartment is the B2 Model at Center Place starting at $3,930 with a $3.73 price per square foot in the College Hill neighborhood. Here is today’s list of the best values for Downtown Providence apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Park Row West | Two Bedroom Loft | 2BR,2BA | $2.79 |
| Center Place | B2 | 2BR,2BA | $3.73 |
| 161 Benefit st/Luxury Residences for Lease | 1 BED | 1BR,1BA | $2.30 |
| Providence G | The Tiverton | 2BR,1BA | $2.95 |
| 110 Benefit Street Apartment Homes | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.20 |
| Nightingale Apartments | 78aA1 One Bed One Bath | 1BR,1BA | $3.79 |
| Station Row | One Bedroom | 1BR,1BA | $3.59 |
| Westminster Lofts | Workforce Housing - 1 Bed | 1BR,1BA | $3.42 |
| G Square | The Perry | 1BR,1BA | $4.32 |
| Regency Plaza | Studio/1 Bath with Dining Area | Studio ,1BA | $3.93 |
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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Providence. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, family-friendly amenities, raising pets, transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Downtown Providence Apartments
What is the Cheapest Studio apartment in Downtown Providence?
Currently the most affordable Cheap Studio Apartment in Downtown Providence is at The Case-Mead Lofts listed at $1,540.
How much is rent for a Cheap One Bedroom Downtown Providence Apartment?
The lowest price for a Cheap One Bedroom Downtown Providence Apartment is $1,650 at The Case-Mead Lofts.
What is the lowest price for a Cheap Two Bedroom Downtown Providence Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Providence is starting from $2,368 at Providence G.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!










