Cheap Apartments for Rent in the Federal Hill Neighborhood of Providence, RI from $700 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Federal Hill area of Providence.
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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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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 | $2,087 | $1,855 | $2,225 |
| Federal Hill 1 Bedroom Apartments | $2,269 | $895 | $3,275 |
| Federal Hill 2 Bedroom Apartments | $2,695 | $1,600 | $3,730 |
| Federal Hill 3 Bedroom Apartments | $3,042 | $1,699 | $4,085 |
| Federal Hill 4 Bedroom Apartments | $2,508 | $2,200 | $2,875 |
Browse Apartments in this Neighborhood
There are currently 9 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The 870 Reserve | 1-Bed | 1BR,1BA | $1,795 |
| Bell Tower Place | 1-Bed | 1BR,1BA | $1,800 |
| Regency Plaza | Studio/1 Bath With Walk-In Closets | Studio,1BA | $1,855 |
Best Value Apartments for Rent in Federal Hill, RI
As of January 03, 2026 the best value apartment in the Federal Hill area is the $1.39 price per square foot 18 Piedmont St Model at 18 Piedmont St, Unit Fl 2 in the in the Manton neighborhood starting from $3,150. The second greatest value Federal Hill apartment is the 61 De Pasquale Ave Model at 61 De Pasquale Ave, Unit APT # 2 starting at $2,200 with a $1.47 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 Piedmont St, Unit Fl 2 | 18 Piedmont St | 3BR,3BA | $1.39 |
| 61 De Pasquale Ave, Unit APT # 2 | 61 De Pasquale Ave | 2BR,1BA | $1.47 |
| The 870 Reserve | 2-Bed | 2BR,2BA | $2.40 |
| 95 Cedar Street | 2-Bed/2-Bath | 2BR,2BA | $2.40 |
| 97 De Pasquale Ave, Unit 3 | 97 De Pasquale Ave | 3BR,1BA | $2.33 |
| 16 Europe St, Unit 2 | 16 Europe St | 2BR,1BA | $2.10 |
| Huntington Exchange Providence | 2 Bed 1 Bath | 2BR,1BA | $2.49 |
| Bell Tower Place | 1-Bed | 1BR,1BA | $2.40 |
| The Bradford | 1 Bedroom-Type 2 | 1BR,1BA | $3.17 |
| Regency Plaza | Studio/1 Bath with Dining Area | Studio ,1BA | $3.93 |
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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Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleFederal Hill, Providence, RI
Ranked #7
Among cities in Rhode Island for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!








