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Cheap Apartments for Rent in the Olneyville Neighborhood of Providence, RI from $500 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Olneyville area of Providence.
390 Broadway
ProvidenceRI02909
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from $1,700Studio to 2 Bedroom Apartments Available Now
Strive Lofts
556 Atwells AveProvidence, RI 02909
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from $1,7501 to 2 Bedroom Apartments Available Now
468 W Fountain St
468 W Fountain StProvidence, RI 02903
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
322 Broadway
ProvidenceRI02909
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Rent Specials
from $1,7951 to 2 Bedroom Apartments Available Now
The 870 Reserve
870 Westminster StProvidence, RI 02903
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Studio to 3 Bedroom Apartments
One Neighborhood Builders Apartments
255-261 Manton AveProvidence, RI 02909
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Showing Results 1-11, Page 1 of 1
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 | $2,251 | $1,700 | $10,000+ |
| Olneyville 1 Bedroom Apartments | $3,771 | $1,495 | $10,000+ |
| Olneyville 2 Bedroom Apartments | $4,034 | $1,189 | $10,000+ |
| Olneyville 3 Bedroom Apartments | $3,155 | $1,995 | $5,986 |
| Olneyville 4 Bedroom Apartments | $2,550 | $2,200 | $3,300 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Olneyville Neighborhood of Providence, RI.
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Olneyville, Providence, RI Local Guide
- Nearby Providence neighborhoods
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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 Paragon Mill priced from $1,003. 468 W Fountain St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,750. Here are the most affordable Olneyville apartments for rent in Providence, RI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Paragon Mill | 1BR 1BA | 1BR,1BA | $1,003 |
| 468 W Fountain St | 1 bed | 1BR,1BA | $1,750 |
| The 870 Reserve | 1-Bed | 1BR,1BA | $1,795 |
| Regency Plaza | Studio/1 Bath With Walk-In Closets | Studio,1BA | $1,805 |
| 95 Lofts | 95 Lofts Floor Plan F | Studio,1BA | $1,925 |
Best Value Apartments for Rent in Olneyville, RI
As of June 01, 2025 the best value apartment in the Olneyville area is the $1.71 price per square foot 18 Spencer St Model at 18 Spencer St, Unit 3 in the in the Manton neighborhood starting from $2,900. The second greatest value Olneyville apartment is the 3BR 2BA Model at Paragon Mill starting at $2,425 with a $1.54 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 Spencer St, Unit 3 | 18 Spencer St | 3BR,2BA | $1.71 |
| Paragon Mill | 3BR 2BA | 3BR,2BA | $1.54 |
| The 870 Reserve | 2-Bed | 2BR,2BA | $2.40 |
| 37 Willow St, Unit 3 | 37 Willow St | 2BR,1BA | $2.17 |
| Center Place | B4 | 2BR,2BA | $2.97 |
| 106 Tell St, Unit Apt 3 | 106 Tell St | 3BR,1BA | $1.90 |
| 111 Ring St, Unit 2 | 111 Ring St | 3BR,1BA | $2.20 |
| 468 W Fountain St | 1 bed | 1BR,1BA | $1.75 |
| Strive Lofts | 1 Bedroom, 1 Bathroom | 1BR,1BA | $2.83 |
| Station Row | Studio | Studio ,1BA | $3.31 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleOlneyville, Providence, RI
Ranked #10
Among neighborhoods in Providence, RI for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Getting Around the Olneyville Neighborhood in Providence, RI
Walk Score®
85 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
76 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
47 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $2,100.
What is the price of a cheap apartment in Olneyville?
The cheapest apartment in Olneyville is Paragon Mill which is listed at $1,003, while the average apartment in Olneyville costs $3,400.
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 $107 which is $3,293 cheaper than the average rent for all rentals in Olneyville.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.