Cheap Apartments for Rent in the Olneyville Neighborhood of Providence, RI from $500 (10 Rentals)

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

property at 24 De Soto St

$1,300 - $1,500

1 Bedroom Rentals

Available Now

24 De Soto St

ProvidenceRI02909

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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.

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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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530 Broadway
Studio to 1 Bedroom Apartments

530 Broadway

530 BroadwayProvidence, RI 02909
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Olneyville, Providence, RI Local Guide

Cheapest Available Olneyville Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Rising Sun MillsFrederickStudio,1BA$1,715
US Rubber Lofts2 Bed 1.5 Bath2BR,1BA$2,275

Best Value Apartments for Rent in Olneyville, RI

As of January 25, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
18 Piedmont St, Unit Fl 218 Piedmont St3BR,3BA$1.39
61 De Pasquale Ave, Unit APT # 261 De Pasquale Ave2BR,1BA$1.20
US Rubber Lofts2 Bed 1.5 Bath2BR,1.5BA$1.67
97 De Pasquale Ave, Unit 397 De Pasquale Ave3BR,1BA$2.33
48 Riverdale St, Unit 348 Riverdale St3BR,1BA$2.01
16 Europe St, Unit 216 Europe St2BR,1BA$2.10
37 Hudson St, Unit Unit#337 Hudson St2BR,1BA$1.70
Rising Sun MillsFrederickStudio ,1BA$2.66
123 Almy St, Unit 1F123 Almy St2BR,1BA$21.50
250 Federal St, Unit 1250 Federal St3BR,1BA$25.00

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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The 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.

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Cash 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.

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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 #6

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 $1,875 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

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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.

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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.

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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.

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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.