Cheap Apartments for Rent in the Federal Hill Neighborhood of Providence, RI from $700 (13 Rentals)

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

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property at 72 Courtland St

$1,600 - $2,000

1 To 2 Bedroom Rentals

Available Now

72 Courtland St

ProvidenceRI02909
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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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12 Piedmont
1 Bedroom Apartments

12 Piedmont

12 Piedmont StProvidence, RI 02909
  • Utilities Included

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 870 Reserve priced from $1,795. Bell Tower Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,800. Here are the most affordable Federal Hill apartments for rent in Providence, RI:

Apartment ListingModel NameBed/BathPriced From
The 870 Reserve1-Bed1BR,1BA$1,795
Bell Tower Place1-Bed1BR,1BA$1,800
Regency PlazaStudio/1 Bath With Walk-In ClosetsStudio,1BA$1,855
The Bradford1 Bedroom-Type 21BR,1BA$1,900
Huntington Exchange Providence2 Bed 1 Bath2BR,1BA$1,970

Best Value Apartments for Rent in Federal Hill, RI

As of January 30, 2026 the best value apartment in the Federal Hill area is the $1.20 price per square foot 61 De Pasquale Ave Model at 61 De Pasquale Ave, Unit APT # 2 in the in the Manton neighborhood starting from $1,800. The second greatest value Federal Hill apartment is the 2-Bed Model at The 870 Reserve starting at $2,995 with a $2.40 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.
61 De Pasquale Ave, Unit APT # 261 De Pasquale Ave2BR,1BA$1.20
The 870 Reserve2-Bed2BR,2BA$2.40
95 Cedar Street2-Bed/2-Bath2BR,2BA$2.40
97 De Pasquale Ave, Unit 397 De Pasquale Ave3BR,1BA$2.33
Huntington Exchange Providence2 Bed 1 Bath2BR,1BA$2.49
Bell Tower Place1-Bed1BR,1BA$2.40
The Bradford1 Bedroom-Type 21BR,1BA$3.17
Regency PlazaStudio/1 Bath with Dining AreaStudio ,1BA$3.93
250 Federal St, Unit 1250 Federal St3BR,1BA$25.00
123 Almy St, Unit 1F123 Almy St2BR,1BA$21.50

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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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 the Cheapest Studio apartment in Federal Hill?

Currently the most affordable Cheap Studio Apartment in Federal Hill is at Regency Plaza listed at $1,855.

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

The lowest price for a Cheap One Bedroom Federal Hill Apartment is $1,795 at The 870 Reserve.

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 $1,970 at Huntington Exchange Providence.

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

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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.

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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.

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.