Cheap Homes for Rent in Providence, RI from $800 (87 Rentals)

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

property at 122 Lowden St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

1 Bedroom, 1 Bath Condo for Rent

Available Sep 1

122 Lowden St

PawtucketRI02860

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.

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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.

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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 1476 Plainfield Pike

$1,300

Total Monthly Price

Total Monthly Price

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

1 Bedroom, 1 Bath Home for Rent

Available Now

1476 Plainfield Pike

CranstonRI02920

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Providence, RI Local Guide

Cheapest Neighborhoods for Apartments in Providence, RI

Pricing Updated: 08/19/2026

Current apartment rentals in the Providence, RI area range in price from $742 to $15,397 with an overall median price of $2,545. The three Providence neighborhoods with the lowest median rent pricing are Washington Park at $1,265, Hartford at $1,572, and Lower South Providence at $1,699. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Providence Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Washington Park$1,265$95011
Hartford$1,572$1,5501
Lower South Providence$1,699$1,0007
Charles$1,747$1,0509
South Elmwood$1,750$1,7501
Elmwood$1,800$1,1505
Mt Hope$1,950$1,66113
Silver Lake$1,950$1,5954
Valley$1,950$1,69513
Wanskuck$1,950$95024

Cheapest Available Providence Apartments for Rent

 

The cheapest available apartment rental in Providence, RI is a 1 Bed unit found at The Flynn in the Elmwood neighborhood priced from $1,171. 155 Elmwood Avenue in the Manton neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,250. Here is today’s list of the most affordable Providence apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Flynn1 Bedroom1BR,1BA$1,171
155 Elmwood Avenue0BR/1.0BAStudio,1BA$1,250
84 Spring St1 Beds, 1 Baths1BR,1BA$1,275
91-97 Hedley Avenue2BR/1.0BA2BR,1BA$1,325
81 Fales Street2BR/1.0BA2BR,1BA$1,350
98 Anthony Ave1 Beds, 1 Baths1BR,1BA$1,350
84 Prospect St1 Beds, 1 Baths1BR,1BA$1,395
Wayland Manor ApartmentsStudio1BR,1BA$1,400
244 Bowen StStudioStudio,1BA$1,400

Best Value Apartments for Rent in Providence, RI

As of August 19, 2026 the best value apartment in the Providence area is the $1.55 price per square foot 3 Bed 3 Bath Model at American Wire Residential Lofts in the in the Darlington neighborhood starting from $2,870. The second greatest value Providence apartment is the A2 Model at Moore Mill Lofts starting at $1,895 with a $1.18 price per square foot in the Woodlawn 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.
American Wire Residential Lofts3 Bed 3 Bath3BR,3BA$1.55
Moore Mill LoftsA22BR,1BA$1.18
Westminster Lofts1 Bedroom1BR,1BA$1.48
61 Cypress St, Unit 261 Cypress St3BR,1BA$1.43
The Lofts at Pontiac MillsOne Bedroom - Loft1BR,1BA$1.59
30 Pekin St, Unit Apt230 Pekin St2BR,1BA$1.61
39 7th St, Unit Apartment for rent39 7th St3BR,1BA$1.60
117 Hanover St, Unit 2117 Hanover St3BR,1BA$1.63
102 Capuano Ave, Unit 102 A102 Capuano Ave1BR,1BA$1.59
91-97 Hedley Avenue2BR/1.0BA2BR,1BA$1.66

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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Real 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.

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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 Area Reviews

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April • 4+ years in Providence

March 15, 2026

Great for students and those who love proximity to the Atlantic coast.

April

December 14, 2025

Great for students, families, young professionals, and industry workers.

Frequently Asked Questions about Providence

What type of rentals are currently available in Providence?

There are currently 2453 Apartments for Rent in Providence, RI with pricing that ranges from $742 to $6,977. There are also 588 Single Family Homes for rent, Condos, and Townhome rentals currently available in Providence ranging from $850 to $8,000.

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 $850 to $8,000 with an average monthly rent of $2,442.

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 $1,595 to $6,977, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $8,000. Four Bedroom Single-Family rentals are also available starting from $2,195 and Four Bedroom Apartments start at $1,900.

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 Your Local Guide to Providence Student Housing: Best Neighborhoods for College Renters article

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.

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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.

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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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.