Cheap Apartments for Rent in the Mt Hope Neighborhood of Providence, RI from $1,000 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Mt 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.

property at 43 Jenkins St

$1,500 - $1,700

1 Bedroom Rentals

Available Now

43 Jenkins St

ProvidenceRI02906

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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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Alumni East Apartments
Studio to 2 Bedroom Apartments

Alumni East Apartments

331 Hope StProvidence, RI 02906
  • Utilities Included
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221 Doyle Ave
Studio to 2 Bedroom Apartments

221 Doyle Ave

221 Doyle AveProvidence, RI 02906
  • Utilities Included

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Cheapest Available Mt Hope Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Charles LandingStudioStudio,1BA$1,595
University Heights ApartmentsWickenden1BR,1BA$1,788

Best Value Apartments for Rent in Mt Hope, RI

As of July 14, 2026 the best value apartment in the Mt Hope area is the $1.54 price per square foot 61 Cypress St Model at 61 Cypress St, Unit 2 in the in the Hope neighborhood starting from $2,250. The second greatest value Mt Hope apartment is the 95 Woodbine St Model at 95 Woodbine St, Unit 95 Woodbine starting at $2,400 with a $2.00 price per square foot in the Hope neighborhood. Here is today’s list of the best values for Mt Hope apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
61 Cypress St, Unit 261 Cypress St3BR,1BA$1.54
95 Woodbine St, Unit 95 Woodbine95 Woodbine St3BR,1BA$2.00
42 Hidden St, Unit Floor 342 Hidden St3BR,1BA$2.50
University Heights ApartmentsWickenden1BR,1BA$3.31
Charles LandingStudioStudio ,1BA$3.99

Frequently Asked Questions about Cheap Mt Hope Apartments

What is the price of a cheap apartment in Mt Hope?

The cheapest apartment in Mt Hope is Charles Landing which is listed at $1,700, while the average apartment in Mt Hope costs $14,703.

What types of apartments are the cheapest in Mt Hope?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1 regular apartments in Mt Hope that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.