Cheap Apartments for Rent in the Olneyville Neighborhood of Providence, RI from $500 (35 Rentals)

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

Your Local Guide to Providence Student Housing: Best Neighborhoods for College Renters

Discover affordable off-campus rentals and the best local neighborhoods for college life, featuring expert tips from a seasoned renter.

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21 Dale St
$1,750 - $2,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,750 - $2,000
Total Monthly Price
$1,750 - $2,000
Studio to 3 Bedroom Apartment Available Now

21 Dale St

21 Dale StProvidence, RI 02909
  • Smoke Free

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Plant
Studio to 1 Bedroom Apartments

The Plant

60 Valley StProvidence, RI 02909
  • Utilities Included
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The 91 Lofts
Studio Apartments

The 91 Lofts

91 Hartford AveProvidence, RI 02909
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22-24 Pocasset Ave
1 to 2 Bedroom Apartments

22-24 Pocasset Ave

22-24 Pocasset AveProvidence, RI 02909

From Blue-Collar to Bustling: Discover the Best Affordable Neighborhoods for Renting in Providence

Discover the top 7 affordable and charming neighborhoods in Providence, RI. This local expert's guide helps you find the best value living in the historic New England city.

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530 Broadway
Studio to 1 Bedroom Apartments

530 Broadway

530 BroadwayProvidence, RI 02909
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39 Vinton St
1 Bedroom Apartments

39 Vinton St

39 Vinton StProvidence, RI 02909
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12 Piedmont
1 Bedroom Apartments

12 Piedmont

12 Piedmont StProvidence, RI 02909
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468 W Fountain St
Studio to 3 Bedroom Apartments

468 W Fountain St

468 W Fountain StProvidence, RI 02903

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-35, Page 1 of 1

Olneyville, Providence, RI Local Guide

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 $1,785. Strive Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,100. Here are the most affordable Olneyville apartments for rent in Providence, RI:

Apartment ListingModel NameBed/BathPriced From
Rising Sun MillsFrederickStudio,1BA$1,785
Strive Lofts1 Bedroom, 1 Bathroom1BR,1BA$2,100
Grant Mill1A1BR,1BA$2,250
US Rubber Lofts3 Bed 1.5 Bath3BR,1BA$2,550

Best Value Apartments for Rent in Olneyville, RI

As of July 31, 2026 the best value apartment in the Olneyville area is the $1.88 price per square foot 3 Bed 1.5 Bath Model at US Rubber Lofts in the in the Manton neighborhood starting from $2,550. The second greatest value Olneyville apartment is the 465 W Fountain St Model at 465 W Fountain St, Unit 2 starting at $2,300 with a $2.00 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 ListingModel NameBed/BathPrice Per Sq.Ft.
US Rubber Lofts3 Bed 1.5 Bath3BR,1.5BA$1.88
465 W Fountain St, Unit 2465 W Fountain St2BR,1BA$2.00
Rising Sun MillsAlexandria1BR,1BA$2.43
Strive Lofts1 Bedroom, 1 Bathroom1BR,1BA$2.83
Grant Mill1A1BR,1BA$3.19
21 Dale St21 Dale StStudio ,1BA$2.92
123 Almy St, Unit 1F123 Almy St2BR,1BA$27.50

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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
Olneyville, Providence, RI

Ranked #5

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 Olneyville Apartments

How much is rent for a Cheap One Bedroom Olneyville Apartment?

The lowest price for a Cheap One Bedroom Olneyville Apartment is $1,990 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 $2,350 at Strive Lofts.

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 $2,550.

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 Your Local Guide to Providence Student Housing: Best Neighborhoods for College Renters article

Your Local Guide to Providence Student Housing: Best Neighborhoods for College Renters

Written by: M. April Tome

Hi, I’m April, your local guide for living in Providence, RI. I attended college in Providence and lived in this great city for many years.

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.