
Cheap Apartments for Rent in the Federal Hill Neighborhood of Providence, RI from $754 (57 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the Federal Hill area of Providence.


34 Knight St

128 Dean St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1290W

185 Carpenter St

157 Almy St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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.

74 Sutton St
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 | $1,824 | $754 | $2,185 |
| Federal Hill 1 Bedroom Apartments | $2,027 | $975 | $3,200 |
| Federal Hill 2 Bedroom Apartments | $2,541 | $1,513 | $3,700 |
| Federal Hill 3 Bedroom Apartments | $2,357 | $1,749 | $3,755 |
| Federal Hill 4 Bedroom Apartments | $2,723 | $1,900 | $3,200 |
Browse Apartments in this Neighborhood
There are currently 57 rentals with your search options within a 2 mile radius of the Federal Hill Neighborhood of Providence, RI.
See all Apartments in ProvidenceExplore Providence
Frequently Asked Questions about Cheap Federal Hill Apartments
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 $2,195.
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 7 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 $533 which is $1,662 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

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.

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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.