
Cheap Homes for Rent in Downtown Providence Neighborhood of Providence, RI from $2,000 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Providence area of Providence.


144 Benefit 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.

144 Benefit St

392 S Main St, Unit 76
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.

274 S Main 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 | $3,833 | $3,000 | $5,500 |
Downtown Providence 3 Bedroom Homes for Rent | $3,600 | $3,600 | $3,600 |
Downtown Providence 7 Bedroom Homes for Rent | $15,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Downtown Providence Neighborhood of Providence, RI.
Explore Providence
Downtown Providence, Providence, RI Local Guide
- Nearby Providence neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $1,375. 110 Benefit Street Apartment Homes has the second lowest priced unit, which is a Studio apartment currently listed from $1,450. 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 | $1,375 |
110 Benefit Street Apartment Homes | Studio | Studio,1BA | $1,450 |
The Studley | Studio | 1BR,1BA | $1,625 |
Best Value Apartments for Rent in Downtown Providence, RI
As of June 18, 2025 the best value apartment in the Downtown Providence area is the $2.97 price per square foot B4 Model at Center Place in the in the College Hill neighborhood starting from $3,204. The second greatest value Downtown Providence apartment is the 2 BED Model at 308 Benefit St starting at $2,050 with a $2.05 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. |
---|---|---|---|
Center Place | B4 | 2BR,2BA | $2.97 |
308 Benefit St | 2 BED | 2BR,1BA | $2.05 |
G Square | The Greene | 2BR,2BA | $3.88 |
Providence G | The Tiverton | 2BR,1BA | $3.09 |
Chestnut Commons | Epoch - 2BR-A; 2BR-A,1; 2BR-D(Type A) | 2BR,2BA | $3.52 |
Nightingale Apartments | 78aA1 One Bed One Bath | 1BR,1BA | $3.87 |
71 Richmond St | Studio | Studio ,1BA | $3.36 |
110 Benefit Street Apartment Homes | Studio | Studio ,1BA | $2.90 |
Regency Plaza | Studio/1 Bath with Dining Area | Studio ,1BA | $3.84 |
The Studley | 1 Bedroom | 1BR,1BA | $4.02 |
Quick 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.
Frequently Asked Questions about Downtown Providence
What type of rentals are currently available in Downtown Providence?
There are currently 78 Apartments for Rent in Downtown Providence, RI with pricing that ranges from $720 to $27,552. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Providence ranging from $2,200 to $15,000.
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 $2,200 to $15,000 with an average monthly rent of $6,315.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.