Cheap Homes for Rent in Providence, RI from $800 (30 Rentals)

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Cheap Homes in Providence.

property at 297 Point St

297 Point St

ProvidenceRI02903

Navigating 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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

property at 31 Hope St

31 Hope St

ProvidenceRI02903
property at 100 Taft Ave

100 Taft Ave

ProvidenceRI02906
property at 40 Sessions St

40 Sessions St

ProvidenceRI02906

Providence, RI Local Guide

Cheapest Neighborhoods for Apartments in Providence, RI

Pricing Updated: 05/04/2025

Current apartment rentals in the Providence, RI area range in price from $800 to $50,000 with an overall median price of $6,399. The three Providence neighborhoods with the lowest median rent pricing are Federal Hill at $900, Olneyville at $1,200, and Washington Park at $950. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Providence Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Federal Hill$2,450$9006
Olneyville$2,500$1,2006
Washington Park$2,500$9502
West End Providence$2,500$9006
Lower South Providence$2,799$1,2002
Hartford$2,962$1,2003
Linwood$3,000$1,9502
Silver Lake$3,200$1,2002
Outer Downcity East Side$3,250$1,4954
South Elmwood$3,500$2,5001

Cheapest Available Providence Apartments for Rent

 

The cheapest available apartment rental in Providence, RI is a 1 Bed unit found at Paragon Mill in the Manton neighborhood priced from $1,003. The Case-Mead Lofts in the College Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,300. Here is today’s list of the most affordable Providence apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Paragon Mill1BR 1BA1BR,1BA$1,003
The Case-Mead LoftsMicroloftStudio,1BA$1,300
110 Benefit Street Apartment HomesStudioStudio,1BA$1,350
Mansion House Apartments1 Bed1BR,1BA$1,460
Dean EstatesOne Bedroom1BR,1BA$1,475
Landings on the Trail Apartment HomesStudioStudio,1BA$1,500
The StudleyMurphy Bed StudioStudio,1BA$1,500
Douglas Apartments-An Active Adult Community1x1 Renovated1BR,1BA$1,550

Best Value Apartments for Rent in Providence, RI

As of May 04, 2025 the best value apartment in the Providence area is the $0.70 price per square foot 27 Richter St Model at 27 Richter St, Unit 3rd Floor in the in the Manton neighborhood starting from $1,750. The second greatest value Providence apartment is the 3BR 2BA Model at Paragon Mill starting at $2,425 with a $1.54 price per square foot in the Manton 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.
27 Richter St, Unit 3rd Floor27 Richter St2BR,1BA$0.70
Paragon Mill3BR 2BA3BR,2BA$1.54
34 Durham St, Unit 234 Durham St2BR,1BA$1.39
44 Cottage St, Unit 46 Cottage44 Cottage St2BR,1BA$1.50
The Lofts at Pontiac MillsOne Bedroom - Standard1BR,1BA$1.31
681 Charles St, Unit 4681 Charles St2BR,1BA$1.50
75 E George St, Unit 3rd Floor East George75 E George St2BR,1BA$1.50
357 Lonsdale Ave, Unit 3357 Lonsdale Ave2BR,1BA$1.50
15 Cameron St, Unit 2nd15 Cameron St3BR,1BA$1.59
110 Capital St, Unit 2110 Capital St2BR,1BA$1.50

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Frequently Asked Questions about Providence

What type of rentals are currently available in Providence?

There are currently 2511 Apartments for Rent in Providence, RI with pricing that ranges from $720 to $24,693. There are also 139 Single Family Homes for rent, Condos, and Townhome rentals currently available in Providence ranging from $800 to $15,000.

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 $800 to $15,000 with an average monthly rent of $4,563.

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 $1,327 to $24,693, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $4,700. Four Bedroom Single-Family rentals are also available starting from $2,725 and Four Bedroom Apartments start at $2,300.

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.