79 Washington St
ProvidenceRI02903
Cheap Homes for Rent in the Downtown Providence Neighborhood of Providence, RI from $1,650 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Providence area of Providence.
Your Local Guide to Providence Student Housing: Best Neighborhoods for College Renters
Discover affordable off-campus rentals and the best local neighborhoods for college life, featuring expert tips from a seasoned renter.
225 Weybosset St
ProvidenceRI02903
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
274 S Main St, Unit 30
274 S Main St
ProvidenceRI02903
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Downtown Providence, Providence, RI Local Guide
Overview by cthulhuwho1 is licensed under CC BY 2.0
How much does it cost to rent a home in Downtown Providence?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Providence 2 Bedroom Homes for Rent | $3,075 | $2,300 | $4,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Downtown Providence Neighborhood of Providence, RI.
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Best Value Apartments for Rent in Downtown Providence, RI
As of September 08, 2026 the best value apartment in the Downtown Providence area is the $0.89 price per square foot Studio Model at Westminster Lofts in the in the College Hill neighborhood starting from $1,710. The second greatest value Downtown Providence apartment is the 2 BED Model at 308 Benefit St starting at $2,100 with a $2.10 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. |
|---|---|---|---|
| Westminster Lofts | Studio | Studio ,1BA | $0.89 |
| 308 Benefit St | 2 BED | 2BR,1BA | $2.10 |
| 161 Benefit st/Luxury Residences for Lease | 1 BED | 1BR,1BA | $2.45 |
| 314 Benefit St. | 2BR | 2BR,1BA | $2.70 |
| Station Row | Two Bedroom | 2BR,2BA | $3.57 |
| Emblem 125 | Flex 2A.2 | 1BR,1.5BA | $3.41 |
| Chestnut Commons | Epoch | 2BR,2BA | $3.64 |
| Providence G | The Bristol | 1BR,1BA | $3.07 |
| 95 Lofts | A4 | 1BR,1BA | $3.82 |
| 110 Benefit Street Apartment Homes | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.93 |
Frequently Asked Questions about Downtown Providence
What type of rentals are currently available in Downtown Providence?
There are currently 87 Apartments for Rent in Downtown Providence, RI with pricing that ranges from $742 to $6,977. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Providence ranging from $1,650 to $4,500.
What is the current price range for Rental Homes in Downtown Providence?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Providence ranges from $1,650 to $4,500 with an average monthly rent of $2,535.
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
Your Local Guide to Providence Student Housing: Best Neighborhoods for College Renters
Written by: M. April Tome
Hi, I’m April, your local guide for living in Providence, RI. I attended college in Providence and lived in this great city for many years.
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.