
Cheap Apartments for Rent in the Downtown Providence Neighborhood of Providence, RI from $700 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Providence area of Providence.


The Case-Mead Lofts

Westminster Lofts
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302 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 | $1,967 | $720 | $2,897 |
Downtown Providence 1 Bedroom Apartments | $2,609 | $852 | $4,403 |
Downtown Providence 2 Bedroom Apartments | $3,662 | $1,170 | $7,599 |
Downtown Providence 3 Bedroom Apartments | $4,622 | $3,399 | $5,867 |
Browse Apartments in this Neighborhood
There are currently 13 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 Studley priced from $1,150. The Case-Mead Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,600. Here are the most affordable Downtown Providence apartments for rent in Providence, RI:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Studley | Murphy Bed Studio | Studio,1BA | $1,150 |
The Case-Mead Lofts | Studio | Studio,1BA | $1,600 |
FOUND Study College Hill | Main - Efficiency Studio | Studio,1BA | $1,650 |
Regency Plaza | 1 Bed/1 Bath | 1BR,1BA | $1,835 |
95 Lofts | 95 Lofts Floor Plan F | Studio,1BA | $1,925 |
Best Value Apartments for Rent in Downtown Providence, RI
As of September 11, 2025 the best value apartment in the Downtown Providence area is the $2.10 price per square foot Three Bedroom Model at Telephone Building in the in the College Hill neighborhood starting from $3,050. The second greatest value Downtown Providence apartment is the 78bB2 Two Bed Two Bath Model at Nightingale Apartments starting at $3,250 with a $3.05 price per square foot in the Downtown Providence 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. |
---|---|---|---|
Telephone Building | Three Bedroom | 3BR,2BA | $2.10 |
Nightingale Apartments | 78bB2 Two Bed Two Bath | 2BR,2BA | $3.05 |
161 Benefit st/Luxury Residences for Lease | 1 BED | 1BR,1BA | $2.30 |
314 Benefit St. | 2BR | 2BR,1BA | $2.65 |
308 Benefit St | 2 BED | 2BR,1BA | $2.05 |
Westminster Lofts | Workforce Housing - 2 Bed | 2BR,2BA | $2.94 |
Chestnut Commons | Epoch - 2BR-A; 2BR-A,1; 2BR-D(Type A) | 2BR,2BA | $3.52 |
Providence G | The Bristol | 1BR,1BA | $3.43 |
The Case-Mead Lofts | Studio | Studio ,1BA | $3.73 |
The Studley | Murphy Bed Studio | Studio ,1BA | $2.97 |
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Pet Friendly LifestyleDowntown Providence, Providence, RI
Ranked #1
Among cities in Rhode Island for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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!
Getting Around the Downtown Providence Neighborhood in Providence, RI
Walk Score®
97 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
82 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
77 / 100
Excellent Transit
Transit is convenient for most trips
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Studley listed at $1,150.
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 $2,050 at 308 Benefit St.
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 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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