Cheap Apartments for Rent in the Olneyville Neighborhood of Providence, RI from $553 (50 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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54 Sutton St
$1,600 - $2,200

Total Monthly Price

Base Rent$1,600 - $2,200

Total Monthly Price$1,600 - $2,200
Studio to 1 Bedroom Apartment Available Now

54 Sutton St

54 Sutton StProvidence, RI 02903
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property at 211 Carpenter St
$1,600 - $1,900
Studio To 2 Bedroom Rentals
Available Now

211 Carpenter St

ProvidenceRI02903
property at 95 Ridge St
$1,600
2 To 6 Bedroom Rentals
Available Now

95 Ridge St

ProvidenceRI02909

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property at 372 Broadway
$1,700
Studio Rentals
Available Now

372 Broadway

ProvidenceRI02909
property at 52 Erastus St
$1,700 - $2,500
1 To 3 Bedroom Rentals
Available Now

52 Erastus St

ProvidenceRI02909
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120 Spruce St, Unit 7
$1,750

Total Monthly Price

Base Rent$1,750

Total Monthly Price$1,750
2 Bedroom Apartment Available Now

120 Spruce St, Unit 7

120 Spruce StProvidence, RI 02903

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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386 Atwells Ave
$1,850 - $2,600

Total Monthly Price

Base Rent$1,850 - $2,600

Total Monthly Price$1,850 - $2,600
1 to 2 Bedroom Apartment Available Now

386 Atwells Ave

386 Atwells AveProvidence, RI 02909
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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

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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530 Broadway
Studio to 1 Bedroom Apartments

530 Broadway

530 BroadwayProvidence, RI 02909
  • Utilities Included
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12 Piedmont
1 Bedroom Apartments

12 Piedmont

12 Piedmont StProvidence, RI 02909
  • Utilities Included
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39 Vinton St
1 Bedroom Apartments

39 Vinton St

39 Vinton 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
property at 40 Laban St
$1,800

Total Monthly Price

Base Rent$1,800

Total Monthly Price$1,800
3 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

40 Laban St

ProvidenceRI02909
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11-15 Piedmont St
1 Bedroom Apartments

11-15 Piedmont St

11-15 Piedmont StProvidence, RI 02909
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8 Hewitt St
Studio to 2 Bedroom Apartments

8 Hewitt St

8 Hewitt StProvidence, RI 02909
  • Utilities Included
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1290W
Studio to 2 Bedroom Apartments

1290W

1292 Westminster StProvidence, RI 02909
  • Utilities Included

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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 1 Bed unit found at The Avenue - One Neighborhood Builders priced from $1,261. Strive Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,700. Here are the most affordable Olneyville apartments for rent in Providence, RI:

Apartment ListingModel NameBed/BathPriced From
The Avenue - One Neighborhood BuildersOne Bedroom 60%1BR, 1BA$1,261
Strive LoftsStudio, 1 BathroomStudio, 1BA$1,700
Rising Sun MillsAlexandria1BR, 1BA$2,030

Best Value Apartments for Rent in Olneyville, RI

As of September 18, 2026 the best value apartment in the Olneyville area is the $1.77 price per square foot 25 Marshall St Model at 25 Marshall St, Unit 25 Marshall St Apt 1 in the Manton neighborhood starting from $2,300. The second greatest value Olneyville apartment is the 148 De Pasquale Ave Model at 148 De Pasquale Ave, Unit 3rd Floor in the Manton neighborhood starting at $1,850 with a $1.68 price per square foot. 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.
25 Marshall St, Unit 25 Marshall St Apt 125 Marshall St3BR, 1BA$1.77
148 De Pasquale Ave, Unit 3rd Floor148 De Pasquale Ave4BR, 1BA$1.68
97 De Pasquale Ave, Unit 197 De Pasquale Ave3BR, 1BA$2.33
253 Federal St, Unit 1253 Federal St2BR, 2BA$2.71
78 Ring St, Unit 178 Ring St1BR, 1BA$2.68
21 Dale St, Unit #121 Dale St3BR, 1BA$2.41
137 Sutton St, Unit 2137 Sutton St2BR, 1BA$2.75
143 Putnam St, Unit Apartment 1143 Putnam St2BR, 1BA$2.38
12 Africa St12 Africa St2BR, 1BA$2.67
Rising Sun MillsAlexandria1BR, 1BA$2.80

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Quick 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.

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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

What is a cheap apartment in Olneyville?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Olneyville is under $2,030.

What is the price of a cheap apartment in Olneyville?

The cheapest apartment in Olneyville is The Avenue - One Neighborhood Builders which is listed at $1,261, while the average apartment in Olneyville costs $2,100.

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 6 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 $243 which is $1,857 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

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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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

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Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.