Cheap Apartments for Rent in the Federal Hill Neighborhood of Providence, RI from $754 (66 Rentals)

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

property at 85 Vinton St
$1,099 - $1,175
1 Bedroom Rentals
Available Now
Furnished

85 Vinton St

ProvidenceRI02909
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54 Sutton St
$1,600 - $2,200

Total Monthly Price

Base Rent$1,600 - $2,200

Total Monthly Price$1,600 - $2,200
Studio to 1 Bedroom Apartment Available Now

54 Sutton St

54 Sutton StProvidence, RI 02903
Affordability
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property at 372 Broadway
$1,700 - $1,875
Studio To 1 Bedroom Rentals
Available Now
Affordability

372 Broadway

ProvidenceRI02909

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.

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120 Spruce St, Unit 7
$1,750

Total Monthly Price

Base Rent$1,750

Total Monthly Price$1,750
2 Bedroom Apartment Available Now

120 Spruce St, Unit 7

120 Spruce StProvidence, RI 02903
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386 Atwells Ave
$1,850 - $2,600

Total Monthly Price

Base Rent$1,850 - $2,600

Total Monthly Price$1,850 - $2,600
1 to 2 Bedroom Apartment Available Now

386 Atwells Ave

386 Atwells AveProvidence, RI 02909
Affordability

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property at 185 Broadway
$1,960
2 Bedroom Rentals
Available Oct 1
Affordability

185 Broadway

ProvidenceRI02903
property at 150 De Pasquale Ave
$2,100

Total Monthly Price

Base Rent$2,100

Total Monthly Price$2,100
3 Bedroom, 1 Bath Condo for Rent
Available Now
Cost Per Sq.Ft.

150 De Pasquale Ave, Unit U2

150 De Pasquale Ave
ProvidenceRI02903

From Blue-Collar to Bustling: Discover the Best Affordable Neighborhoods for Renting in Providence

Discover the top 7 affordable and charming neighborhoods in Providence, RI. This local expert's guide helps you find the best value living in the historic New England city.

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123 Almy St, Unit 1F
$2,100

Total Monthly Price

Base Rent$2,100

Total Monthly Price$2,100
2 Bedroom Apartment Available Now

123 Almy St, Unit 1F

123 Almy StProvidence, RI 02909
property at 124 Almy St
$2,100

Total Monthly Price

Base Rent$2,100

Total Monthly Price$2,100
1 Bedroom, 1 Bath Condo for Rent
Available Now

124 Almy St, Unit 1A

124 Almy St
ProvidenceRI02909

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property at 33 America St
$2,300

Total Monthly Price

Base Rent$2,300

Total Monthly Price$2,300
3 Bedroom, 2.5 Bath Townhome for Rent
Available Now

33 America St

ProvidenceRI02903
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40 Jones St
Studio to 2 Bedroom Apartments

40 Jones St

40 Jones StProvidence, RI 02903
  • Utilities Included

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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 The Avenue - One Neighborhood Builders priced from $1,261. Regency Plaza has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,885. Here are the most affordable Federal Hill apartments for rent in Providence, RI:

Apartment ListingModel NameBed/BathPriced From
The Avenue - One Neighborhood BuildersOne Bedroom 60%1BR, 1BA$1,261
Regency Plaza1 Bed/1 Bath1BR, 1BA$1,885
Huntington Exchange Providence2 Bed 1 Bath2BR, 1BA$1,970
Grant Mill1A1BR, 1BA$2,199

Best Value Apartments for Rent in Federal Hill, RI

As of September 24, 2026 the best value apartment in the Federal Hill area is the $1.50 price per square foot 3 Cargill St Model at 3 Cargill St, Unit 2 in the Manton neighborhood starting from $2,250. The second greatest value Federal Hill apartment is the 408 Atwells Ave Model at 408 Atwells Ave in the Manton neighborhood starting at $2,500 with a $1.67 price per square foot. 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.
3 Cargill St, Unit 23 Cargill St3BR, 1BA$1.50
408 Atwells Ave408 Atwells Ave3BR, 1BA$1.67
25 Marshall St, Unit 25 Marshall St Apt 125 Marshall St3BR, 1BA$1.77
The 870 Reserve2-Bed2BR, 2BA$2.24
95 Cedar Street2-Bed/2-Bath2BR, 2BA$2.24
148 De Pasquale Ave, Unit 3rd Floor148 De Pasquale Ave4BR, 1BA$1.68
97 De Pasquale Ave, Unit 197 De Pasquale Ave3BR, 1BA$2.33
78 Ring St, Unit 178 Ring St1BR, 1BA$2.68
Huntington Exchange Providence2 Bed 1 Bath2BR, 1BA$2.49
12 Africa St12 Africa St2BR, 1BA$2.67

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 #6

Among cities in Rhode Island for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Federal Hill Apartments

What is a cheap apartment in Federal Hill?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Federal Hill is under $2,199.

What is the price of a cheap apartment in Federal Hill?

The cheapest apartment in Federal Hill is The Avenue - One Neighborhood Builders which is listed at $1,261, while the average apartment in Federal Hill costs $2,200.

What types of apartments are the cheapest in Federal Hill?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 10 regular apartments in Federal Hill that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Federal Hill?

Cheap apartments in Federal Hill have an average cost of $437 which is $1,763 cheaper than the average rent for all rentals in Federal Hill.

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

decorative image for Your Local Guide to Providence Student Housing: Best Neighborhoods for College Renters article

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.

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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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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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.