Cheap Apartments for Rent in the Federal Hill Neighborhood of Providence, RI from $700 (32 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Federal Hill area of Providence.

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.

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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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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40 Jones St
1 Bedroom Apartments

40 Jones St

40 Jones StProvidence, RI 02903
  • Utilities Included
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18 Spruce St
Studio to 2 Bedroom Apartments

18 Spruce St

18 Spruce StProvidence, RI 02903
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12 Piedmont
1 Bedroom Apartments

12 Piedmont

12 Piedmont StProvidence, RI 02909
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Regency Plaza
Studio to 2 Bedroom Apartments

Regency Plaza

2 Regency PlzProvidence, RI 02903
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11-15 Piedmont St
1 Bedroom Apartments

11-15 Piedmont St

11-15 Piedmont StProvidence, RI 02909
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8 Hewitt St
1 Bedroom Apartments

8 Hewitt St

8 Hewitt StProvidence, RI 02909
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34 Knight St
1 to 2 Bedroom Apartments

34 Knight St

34 Knight StProvidence, RI 02909
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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1290W
1 Bedroom Apartments

1290W

1292 Westminster StProvidence, RI 02909
  • Utilities Included
Showing Results 1-32, Page 1 of 1

Federal Hill, Providence, RI Local Guide

Cheapest Available Federal Hill Apartments for Rent

 

The cheapest available apartment rental in the Federal Hill area of Providence, RI is a 1 Bed unit found at 468 W Fountain St priced from $1,750. The 870 Reserve has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,795. Here are the most affordable Federal Hill apartments for rent in Providence, RI:

Apartment ListingModel NameBed/BathPriced From
468 W Fountain St1 bed1BR,1BA$1,750
The 870 Reserve1-Bed1BR,1BA$1,795
Regency PlazaStudio/1 Bath With Walk-In ClosetsStudio,1BA$1,805
125 Atwells1 Bedroom- Type 31BR,1BA$1,900
95 Lofts95 Lofts Floor Plan FStudio,1BA$1,925
Strive Lofts1 Bedroom, 1 Bathroom1BR,1BA$2,100
Grant Mill2J2BR,2BA$2,450

Best Value Apartments for Rent in Federal Hill, RI

As of June 16, 2025 the best value apartment in the Federal Hill area is the $2.40 price per square foot 2-Bed Model at The 870 Reserve in the in the College Hill neighborhood starting from $2,995. The second greatest value Federal Hill apartment is the 106 Tell St Model at 106 Tell St, Unit Apt 3 starting at $2,000 with a $1.90 price per square foot in the Manton neighborhood. Here is today’s list of the best values for Federal Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The 870 Reserve2-Bed2BR,2BA$2.40
106 Tell St, Unit Apt 3106 Tell St3BR,1BA$1.90
109 Summer St, Unit 1R109 Summer St1BR,1BA$2.15
16 Europe St, Unit 216 Europe St2BR,1BA$2.20
468 W Fountain St1 bed1BR,1BA$1.75
Grant Mill2J2BR,2BA$2.49
14 Africa St, Unit #214 Africa St2BR,1BA$2.65
253 Federal St, Unit 2L253 Federal St1BR,1BA$2.56
Strive Lofts1 Bedroom, 1 Bathroom1BR,1BA$2.83
7 Newton St, Unit 1 R7 Newton St1BR,1BA$2.50

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.

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Pet Friendly Lifestyle
Federal Hill, Providence, RI

Ranked #21

Among neighborhoods in Providence, RI for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Federal Hill Neighborhood in Providence, RI

Walk Score®

97 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

78 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

67 / 100

Good Transit

Many nearby public transportation options

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 Federal Hill Apartments

What is the Cheapest Studio apartment in Federal Hill?

Currently the most affordable Cheap Studio Apartment in Federal Hill is at Regency Plaza listed at $1,805.

How much is rent for a Cheap One Bedroom Federal Hill Apartment?

The lowest price for a Cheap One Bedroom Federal Hill Apartment is $1,750 at 468 W Fountain St.

What is the lowest price for a Cheap Two Bedroom Federal Hill Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Federal Hill is starting from $2,200 at Strive Lofts.

What is the most affordable Federal Hill Three Bedroom Apartment?

The best deal on a cheap Federal Hill Three Bedroom Apartment rental is at Huntington Exchange Providence and starts from $2,750.

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.

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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.

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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.

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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.

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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.