Cheap Homes for Rent in Mt Hope Neighborhood of Providence, RI from $800 (8 Rentals)

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Search the lowest-cost Homes 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.

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.

Cheapest Available Mt Hope Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Charles LandingStudioStudio,1BA$1,595
University Heights ApartmentsBlackstone2BR,1BA$2,398

Best Value Apartments for Rent in Mt Hope, RI

As of June 18, 2026 the best value apartment in the Mt Hope area is the $1.72 price per square foot 61 Cypress St Model at 61 Cypress St, Unit 2 in the in the Hope neighborhood starting from $2,500. The second greatest value Mt Hope apartment is the 151 Ivy St Model at 151 Ivy St, Unit 2 starting at $2,400 with a $2.40 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$1.72
151 Ivy St, Unit 2151 Ivy St2BR,1BA$2.40
20 Peach Ave, Unit 320 Peach Ave3BR,1BA$2.20
University Heights ApartmentsBlackstone2BR,1.5BA$2.76
Charles LandingStudioStudio ,1BA$3.99

Frequently Asked Questions about Mt Hope

What type of rentals are currently available in Mt Hope?

There are currently 79 Apartments for Rent in Mt Hope, RI with pricing that ranges from $1,595 to $12,145. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mt Hope ranging from $850 to $4,200.

What is the current price range for Rental Homes in Mt Hope?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Mt Hope ranges from $850 to $4,200 with an average monthly rent of $2,734.

How much are larger Three and Four Bedroom Rentals in Mt Hope?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Mt Hope range from $2,200 to $2,700, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,250 to $2,600. Four Bedroom Single-Family rentals are also available starting from $4,200 and Four Bedroom Apartments start at $3,900.

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 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.

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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.