
Cheap Apartments for Rent in the Olneyville Neighborhood of Providence, RI from $500 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Olneyville area of Providence.


13 Albro St

85 Vinton St

85 Vinton St

24 De Soto St
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0 Leah St

One Neighborhood Builders Apartments

The Plant

The 91 Lofts

530 Broadway
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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 | $1,738 | $1,700 | $1,805 |
| Olneyville 1 Bedroom Apartments | $2,422 | $899 | $5,219 |
| Olneyville 2 Bedroom Apartments | $2,483 | $1,500 | $6,072 |
| Olneyville 3 Bedroom Apartments | $2,407 | $1,900 | $3,150 |
| Olneyville 4 Bedroom Apartments | $2,767 | $2,100 | $3,375 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Olneyville Neighborhood of Providence, RI.
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Cheapest Available Olneyville Apartments for Rent
 The cheapest available apartment rental in the Olneyville area of Providence, RI is a Studio unit found at Rising Sun Mills priced from $1,700. Grant Mill has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,923. Here are the most affordable Olneyville apartments for rent in Providence, RI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rising Sun Mills | Frederick | Studio,1BA | $1,700 |
| Grant Mill | 1AH | 1BR,1BA | $1,923 |
| US Rubber Lofts | 2 Bed 2 Bath | 2BR,2BA | $2,080 |
Best Value Apartments for Rent in Olneyville, RI
As of January 23, 2026 the best value apartment in the Olneyville area is the $1.39 price per square foot 18 Piedmont St Model at 18 Piedmont St, Unit Fl 2 in the in the Manton neighborhood starting from $3,150. The second greatest value Olneyville apartment is the 61 De Pasquale Ave Model at 61 De Pasquale Ave, Unit APT # 2 starting at $1,800 with a $1.20 price per square foot in the Manton neighborhood. Here is today’s list of the best values for Olneyville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 18 Piedmont St, Unit Fl 2 | 18 Piedmont St | 3BR,3BA | $1.39 |
| 61 De Pasquale Ave, Unit APT # 2 | 61 De Pasquale Ave | 2BR,1BA | $1.20 |
| US Rubber Lofts | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.67 |
| 97 De Pasquale Ave, Unit 3 | 97 De Pasquale Ave | 3BR,1BA | $2.33 |
| 48 Riverdale St, Unit 3 | 48 Riverdale St | 3BR,1BA | $2.01 |
| 16 Europe St, Unit 2 | 16 Europe St | 2BR,1BA | $2.10 |
| 37 Hudson St, Unit Unit#3 | 37 Hudson St | 2BR,1BA | $1.70 |
| Grant Mill | 1AH | 1BR,1BA | $2.57 |
| Rising Sun Mills | Frederick | Studio ,1BA | $2.64 |
| 123 Almy St, Unit 1F | 123 Almy St | 2BR,1BA | $21.50 |
Frequently Asked Questions about Cheap Olneyville Apartments
How much is rent for a Cheap One Bedroom Olneyville Apartment?
The lowest price for a Cheap One Bedroom Olneyville Apartment is $1,860 at Rising Sun Mills.
What is the lowest price for a Cheap Two Bedroom Olneyville Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Olneyville is starting from $2,270 at Rising Sun Mills.
What is the most affordable Olneyville Three Bedroom Apartment?
The best deal on a cheap Olneyville Three Bedroom Apartment rental is at US Rubber Lofts and starts from $2,500.
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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.