
Cheap Homes for Rent in Downtown Providence Neighborhood of Providence, RI from $1,400 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Providence area of Providence.


144 Benefit St

144 Benefit St
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.

144 Benefit St

144 Benefit St

109 Bowen St
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.

79 Washington St
Downtown Providence, Providence, RI Local Guide

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 | $3,500 | $2,350 | $6,500 |
| Downtown Providence 3 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Downtown Providence Neighborhood of Providence, RI.
Explore Providence
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 $1,600. 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 | Studio | Studio,1BA | $1,600 |
| 110 Benefit Street Apartment Homes | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,650 |
| Westminster Lofts | Studio | Studio,1BA | $1,710 |
Best Value Apartments for Rent in Downtown Providence, RI
As of March 23, 2026 the best value apartment in the Downtown Providence area is the $2.55 price per square foot 1 BED Model at 161 Benefit st/Luxury Residences for Lease in the in the College Hill neighborhood starting from $2,550. The second greatest value Downtown Providence apartment is the 2 Bedroom Model at Westminster Lofts starting at $3,010 with a $3.05 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. |
|---|---|---|---|
| 161 Benefit st/Luxury Residences for Lease | 1 BED | 1BR,1BA | $2.55 |
| Westminster Lofts | 2 Bedroom | 2BR,2BA | $3.05 |
| Providence G | The Tiverton | 2BR,1BA | $2.88 |
| Chestnut Commons | Epoch | 2BR,2BA | $3.59 |
| Park Row West | One Bedrooms | 1BR,1BA | $3.61 |
| 93 Eddy St, Unit 2 | 93 Eddy St | Studio ,1BA | $3.25 |
| 110 Benefit Street Apartment Homes | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.20 |
| Station Row | One Bedroom | 1BR,1BA | $3.62 |
| Regency Plaza | Studio/1 Bath with Dining Area | Studio ,1BA | $3.93 |
| The Case-Mead Lofts | Studio | Studio ,1BA | $3.81 |
Frequently Asked Questions about Downtown Providence
What type of rentals are currently available in Downtown Providence?
There are currently 85 Apartments for Rent in Downtown Providence, RI with pricing that ranges from $742 to $6,469. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Providence ranging from $1,400 to $6,500.
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 $1,400 to $6,500 with an average monthly rent of $2,496.
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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.