Cheap Apartments for Rent in the Hope Neighborhood of Providence, RI from $1,000 (14 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Hope area of Providence.

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.

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East Side Apartments
Studio to 1 Bedroom Apartments

East Side Apartments

83 Doyle AveProvidence, RI 02904
Senior Living
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18 8th St
Studio to 2 Bedroom Apartments

18 8th St

18 8th StProvidence, RI 02906
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101 Hillside Ave.
Studio to 2 Bedroom Apartments

101 Hillside Ave.

101 Hillside AveProvidence, RI 02906
  • Utilities Included
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221 Doyle Ave
2 Bedroom Apartments

221 Doyle Ave

221 Doyle AveProvidence, RI 02906
  • Utilities Included
property at 422 Pawtucket Ave

$1,575 - $1,875

1 To 3 Bedroom Rentals

Available May 15

422 Pawtucket Ave

PawtucketRI02860

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.

Hope, Providence, RI Local Guide

Cheapest Available Hope Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
The Village LoftsV0x1EStudio,1BA$1,725

Best Value Apartments for Rent in Hope, RI

As of April 28, 2026 the best value apartment in the Hope area is the $1.74 price per square foot 29 Ogden St Model at 29 Ogden St, Unit 2 in the in the Hope neighborhood starting from $3,300. The second greatest value Hope apartment is the 42 Cypress St Model at 42 Cypress St, Unit Apt 2 starting at $2,500 with a $1.67 price per square foot in the Hope neighborhood. Here is today’s list of the best values for Hope apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
29 Ogden St, Unit 229 Ogden St2BR,1BA$1.74
42 Cypress St, Unit Apt 242 Cypress St2BR,1BA$1.67
The Village LoftsV0x1CStudio ,1BA$2.09
16 Tecumseh Street, Unit Unit #316 Tecumseh Street2BR,1BA$2.50
508 Pawtucket Ave508 Pawtucket Ave1BR,1BA$2.29

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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Pet Friendly Lifestyle
Hope, Providence, RI

Ranked #18

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Hope Apartments

What is the Cheapest Studio apartment in Hope?

Currently the most affordable Cheap Studio Apartment in Hope is at The Village Lofts listed at $1,725.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.