
Cheap Apartments for Rent in the Federal Hill Neighborhood of Providence, RI from $700 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Federal Hill area of Providence.


74 Vernon 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.

44 Gesler St

390 Broadway

186 Carpenter St

196 Dean St
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.

110 Dean St

18 Spruce St

322 Broadway

417 Atwells Ave, Unit 2
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.
Federal Hill, Providence, RI Local Guide

How much does it cost to rent an apartment in Federal Hill?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Federal Hill Studio Apartments | $1,901 | $754 | $2,235 |
Federal Hill 1 Bedroom Apartments | $2,083 | $975 | $2,790 |
Federal Hill 2 Bedroom Apartments | $2,685 | $1,500 | $3,730 |
Federal Hill 3 Bedroom Apartments | $2,894 | $1,699 | $4,950 |
Federal Hill 4 Bedroom Apartments | $3,198 | $2,795 | $3,800 |
Browse Apartments in this Neighborhood
There are currently 24 rentals with your search options within a 2 mile radius of the Federal Hill Neighborhood of Providence, RI.
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Federal Hill, Providence, RI Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
468 W Fountain St | 1 bed | 1BR,1BA | $1,750 |
The 870 Reserve | 1-Bed | 1BR,1BA | $1,795 |
Regency Plaza | Studio/1 Bath With Walk-In Closets | Studio,1BA | $1,805 |
125 Atwells | 1 Bedroom-Type 2 | 1BR,1BA | $1,900 |
Best Value Apartments for Rent in Federal Hill, RI
As of July 11, 2025 the best value apartment in the Federal Hill area is the $1.71 price per square foot 18 Spencer St Model at 18 Spencer St, Unit 3 in the in the Manton neighborhood starting from $2,900. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
18 Spencer St, Unit 3 | 18 Spencer St | 3BR,2BA | $1.71 |
The 870 Reserve | 2-Bed | 2BR,2BA | $2.40 |
Grant Mill | 2K | 2BR,2BA | $2.52 |
106 Tell St, Unit Apt 2——2nd Floor | 106 Tell St | 3BR,1BA | $2.10 |
16 Europe St, Unit 2 | 16 Europe St | 2BR,1BA | $2.20 |
18 Messenger St, Unit 3 | 18 Messenger St | 3BR,1BA | $2.03 |
468 W Fountain St | 1 bed | 1BR,1BA | $1.75 |
15 Kenyon St, Unit 1 | 15 Kenyon St | 1BR,1BA | $3.05 |
125 Atwells | 1 Bedroom-Type 2 | 1BR,1BA | $3.17 |
7 Newton St, Unit 1 R | 7 Newton St | 1BR,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.
Pet Friendly LifestyleFederal Hill, Providence, RI
Ranked #25
Among neighborhoods in Providence, RI for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $2,425 at Regency Plaza.
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.

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.