
Cheap 1 Bedroom Apartments for Rent in the Olneyville Neighborhood of Providence, RI from $995 (24 Rentals)


85 Vinton St, Unit 85V-1

Paragon Mill

85 Vinton St, Unit 85V-2

81-83 America St, Unit 83A-1F ROOM

81-83 America St, Unit 2F

85 Vinton St, Unit 85V-1

22-24 Pocasset Ave
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

98 Knight St

20 Hudson St, Unit Unit #3

41 Brighton St

13 Albro St, Unit 1Bd

13 Albro St, Unit 1B

413 Atwells Ave

124 Almy St

Strive Lofts
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.

35 Sheridan St

One Neighborhood Builders Apartments

The Plant

530 Broadway

12 Piedmont

11-15 Piedmont St

34 Knight St

8 Hewitt St
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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.
Olneyville, Providence, RI Local Guide

How much does it cost to rent an apartment in Olneyville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Olneyville Studio Apartments | $1,712 | $1,600 | $1,800 |
Olneyville 1 Bedroom Apartments | $2,086 | $995 | $4,313 |
| Olneyville 2 Bedroom Apartments | $2,201 | $1,400 | $3,966 |
| Olneyville 3 Bedroom Apartments | $2,064 | $833 | $2,600 |
| Olneyville 4 Bedroom Apartments | $2,568 | $900 | $3,280 |
Explore Providence
Olneyville, Providence, RI Local Guide
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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.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleOlneyville, Providence, RI
Ranked #6
Among cities in Rhode Island for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Olneyville Apartments
What is the price of a cheap apartment in Olneyville?
The cheapest apartment in Olneyville is Paragon Mill which is listed at $1,132, while the average apartment in Olneyville costs $2,775.
What types of apartments are the cheapest in Olneyville?
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 2 regular apartments in Olneyville that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Olneyville?
Cheap apartments in Olneyville have an average cost of $227 which is $2,548 cheaper than the average rent for all rentals in Olneyville.
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

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.

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.

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.

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.