
Cheap Homes for Rent in the Federal Hill Neighborhood of Providence, RI from $1,950 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Federal Hill area of Providence.


85 Vinton St, Unit 85V-1

85 Vinton St, Unit 85V-2

85 Vinton St, Unit 85V-1

55 Bradford St, Unit 305

124 Almy St, Unit 1A

150 De Pasquale Ave, Unit U2
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.

40 Jones St, Unit 203

40 Jones St, Unit 301

19-21 Penn Street, Unit 1

74 Sutton St, Unit 3

8 Slocum St

33 America St

8 Slocum St, Unit 9
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
Federal Hill, Providence, RI Local Guide

How much does it cost to rent a home in Federal Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Federal Hill 2 Bedroom Homes for Rent | $3,235 | $2,300 | $5,200 |
| Federal Hill 3 Bedroom Homes for Rent | $2,275 | $2,100 | $2,500 |
| Federal Hill 4 Bedroom Homes for Rent | $2,999 | $2,999 | $2,999 |
Browse Homes for Rent in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Federal Hill Neighborhood of Providence, RI.
Explore Providence
Federal Hill, Providence, RI Local Guide
- Nearby Providence neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Best Value Homes for Rent in Federal Hill, RI
As of September 22, 2026 the best value rental home in the Federal Hill area is the $2.24 price per square foot 31 Parade St Model at 31 Parade St in the Manton neighborhood starting from $3,495. The second greatest value Federal Hill rental home is the 31 Parade St Model at 31 Parade St in the Manton neighborhood starting at $3,665 with a $2.35 price per square foot. Here is today’s list of the best values for Federal Hill homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 31 Parade St | 31 Parade St | 2BR, 2BA | $2.24 |
| 31 Parade St | 31 Parade St | 2BR, 2BA | $2.35 |
| 31 Parade St | 31 Parade St | 2BR, 2BA | $2.36 |
| 150 De Pasquale Ave, Unit U2 | 150 De Pasquale Ave | 3BR, 1BA | $1.75 |
| 74 Sutton St | 74 Sutton St | 3BR, 1BA | $1.93 |
| 33 America St | 33 America St | 3BR, 2.5BA | $2.09 |
| 124 Almy St, Unit 1A | 124 Almy St | 1BR, 1BA | $2.10 |
| 8 Slocum St | 8 Slocum St | 2BR, 1BA | $2.41 |
| 40 Jones St | 40 Jones St | 1BR, 1BA | $3.07 |
| 55 Bradford St | 55 Bradford St | 1BR, 1BA | $3.25 |
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.
Read ArticleNavigating 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.
Read ArticleReal 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.
Read ArticleQuick 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 #6
Among cities in Rhode Island for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Federal Hill
What type of rentals are currently available in Federal Hill?
There are currently 197 Apartments for Rent in Federal Hill, RI with pricing that ranges from $754 to $3,985. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Federal Hill ranging from $1,950 to $5,200.
What is the current price range for Rental Homes in Federal Hill?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Federal Hill ranges from $1,950 to $5,200 with an average monthly rent of $2,810.
How much are larger Three and Four Bedroom Rentals in Federal Hill?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Federal Hill range from $1,749 to $3,985, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $2,500. Four Bedroom Single-Family rentals are also available starting from $2,999 and Four Bedroom Apartments start at $1,850.
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.

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.

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.