Cheap Homes for Rent in Providence, RI from $700 (71 Rentals)

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Search the lowest-cost Homes available for rent right now in Providence.

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.

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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.

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property at 29 Jacksonia Dr

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

Studio, 1 Bath Home for Rent

Available Now

29 Jacksonia Dr

North ProvidenceRI02911
property at 154 Summit St

$1,450

1 Bedroom Rentals

Available Now

154 Summit St

PawtucketRI02860

From Blue-Collar to Bustling: Discover the Best Affordable Neighborhoods for Renting in Providence

Discover the top 7 affordable and charming neighborhoods in Providence, RI. This local expert's guide helps you find the best value living in the historic New England city.

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property at 2008 Mineral Spring Ave

$1,485

Total Monthly Price

Total Monthly Price

Base Rent
$1,485
Total Monthly Price
$1,485

1 Bedroom, 1 Bath Condo for Rent

Available Now

2008 Mineral Spring Ave, Unit 3

2008 Mineral Spring Ave
North ProvidenceRI02911
property at 1402 Westminster St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

1 Bedroom, 1 Bath Home for Rent

Available Now

1402 Westminster St

ProvidenceRI02909

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.

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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.

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Showing Results 1-50, Page 1 of 2

Providence, RI Local Guide

Cheapest Neighborhoods for Apartments in Providence, RI

Pricing Updated: 02/15/2026

Current apartment rentals in the Providence, RI area range in price from $742 to $28,753 with an overall median price of $5,404. The three Providence neighborhoods with the lowest median rent pricing are South Elmwood at $1,600, Linwood at $1,600, and Reservoir at $1,750. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Providence Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
South Elmwood$1,650$1,6001
Linwood$1,795$1,6003
Reservoir$1,975$1,7503
Outer Downcity East Side$2,200$1,10033
Washington Park$2,300$99512
Blackstone$2,400$1,30015
Federal Hill$2,467$899110
Warwick West Warwick$2,500$1,200184
Outer East Bay$2,650$1,200147
Olneyville$2,725$89965

Cheapest Available Providence Apartments for Rent

 

The cheapest available apartment rental in Providence, RI is a 1 Bed unit found at Mansion House Apartments priced from $1,365. The Presley Apartments in the Warwick West Warwick neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,395. Here is today’s list of the most affordable Providence apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mansion House Apartments1 Bed1BR,1BA$1,365
The Presley ApartmentsHomey StudioStudio,1BA$1,395
Rumford CenterStudioStudio,1BA$1,450
Charles LandingStudioStudio,1BA$1,525
University Heights ApartmentsElmhurstStudio,1BA$1,526

Best Value Apartments for Rent in Providence, RI

As of February 15, 2026 the best value apartment in the Providence area is the $0.19 price per square foot 12 Selkirk St Model at 12 Selkirk St, Unit #1 in the in the Hope neighborhood starting from $1,900. The second greatest value Providence apartment is the 415 Weeden St Model at 415 Weeden St, Unit 2 starting at $2,100 with a $0.86 price per square foot in the Downcity neighborhood. Here is today’s list of the best values for Providence apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
12 Selkirk St, Unit #112 Selkirk St2BR,1BA$0.19
415 Weeden St, Unit 2415 Weeden St3BR,1BA$0.86
18 Piedmont St, Unit Fl 218 Piedmont St3BR,3BA$1.39
137 Worcester Ave, Unit 1137 Worcester Ave3BR,1BA$1.32
11 Handy St, Unit 11 handy st11 Handy St2BR,1BA$0.97
American Wire Residential Lofts1 Bed 1 Bath1BR,1BA$1.22
53 Vernon Street, Unit Apt 853 Vernon Street2BR,1BA$1.44
86 Home Ave, Unit 386 Home Ave2BR,1BA$1.33
25 Fallon Ave, Unit 225 Fallon Ave3BR,1BA$1.59
80 Ide Ave, Unit 2nd floor80 Ide Ave1BR,1BA$1.33

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 Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Providence, RI
Population: 179,335

Ranked #144

in US Census Population by City

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Pet Friendly Lifestyle

Ranked #

Among cities in Rhode Island for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Providence, RI Rentals by Map

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See the most popular apartments and homes in Providence, RI

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Providence, RI Apartments Map
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Providence, RI Rental Homes Map

Frequently Asked Questions about Providence

What type of rentals are currently available in Providence?

There are currently 2589 Apartments for Rent in Providence, RI with pricing that ranges from $742 to $28,753. There are also 368 Single Family Homes for rent, Condos, and Townhome rentals currently available in Providence ranging from $750 to $12,500.

What is the current price range for Rental Homes in Providence?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Providence ranges from $750 to $12,500 with an average monthly rent of $3,251.

How much are larger Three and Four Bedroom Rentals in Providence?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Providence range from $1,650 to $6,108, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $7,500. Four Bedroom Single-Family rentals are also available starting from $2,100 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

decorative image for From Blue-Collar to Bustling: Discover the Best Affordable Neighborhoods for Renting in Providence article

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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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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.