
Cheap Apartments for Rent in the Olneyville Neighborhood of Providence, RI from $553 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in the Olneyville area of Providence.


38 Judith St, Unit 3

74 Vernon St

85 Vinton St, Unit 85V-2

85 Vinton St, Unit 85V-1

Paragon Mill

85 Vinton St

85 Vinton St, Unit 85V-2

The Avenue - One Neighborhood Builders

53-55 Fairmount Avenue, Unit 1R
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85 Vinton St, Unit 85V-1

86 Appleton St, Unit 3R

86 Appleton St

390 Broadway

41 Joslin St

95 Ridge St

Total Monthly Price
54 Sutton St

211 Carpenter St

95 Ridge St

65 Hendrick St, Unit 3
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65 Hendrick St

53-55 Fairmount Avenue, Unit 2R

175 Amherst St, Unit #1

Strive Lofts

54 Sutton St

372 Broadway

52 Erastus St

Total Monthly Price
120 Spruce St, Unit 7

40 Laban St

1003 Atwells Ave
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Total Monthly Price
148 De Pasquale Ave, Unit 3rd Floor

Total Monthly Price
386 Atwells Ave

92 Vernon St

910 Atwells Ave, Unit 3

Total Monthly Price
143 Putnam St, Unit Apartment 1

910 Atwells Ave

One Neighborhood Builders Apartments

The Plant

The 91 Lofts

22-24 Pocasset Ave
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530 Broadway

Franklin One - Courtland

12 Piedmont

39 Vinton St

468 W Fountain St

127 De Pasquale Avenue

40 Laban St

11-15 Piedmont St

8 Hewitt St

1290W
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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 | $1,650 | $1,600 | $1,700 |
| Olneyville 1 Bedroom Apartments | $1,738 | $800 | $2,395 |
| Olneyville 2 Bedroom Apartments | $2,220 | $1,513 | $2,865 |
| Olneyville 3 Bedroom Apartments | $2,286 | $1,695 | $2,980 |
| Olneyville 4 Bedroom Apartments | $2,651 | $1,850 | $3,405 |
Browse Apartments in this Neighborhood
There are currently 50 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
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Avenue - One Neighborhood Builders | One Bedroom 60% | 1BR, 1BA | $1,261 |
| Strive Lofts | Studio, 1 Bathroom | Studio, 1BA | $1,700 |
| Rising Sun Mills | Alexandria | 1BR, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 25 Marshall St, Unit 25 Marshall St Apt 1 | 25 Marshall St | 3BR, 1BA | $1.77 |
| 148 De Pasquale Ave, Unit 3rd Floor | 148 De Pasquale Ave | 4BR, 1BA | $1.68 |
| 97 De Pasquale Ave, Unit 1 | 97 De Pasquale Ave | 3BR, 1BA | $2.33 |
| 253 Federal St, Unit 1 | 253 Federal St | 2BR, 2BA | $2.71 |
| 78 Ring St, Unit 1 | 78 Ring St | 1BR, 1BA | $2.68 |
| 21 Dale St, Unit #1 | 21 Dale St | 3BR, 1BA | $2.41 |
| 137 Sutton St, Unit 2 | 137 Sutton St | 2BR, 1BA | $2.75 |
| 143 Putnam St, Unit Apartment 1 | 143 Putnam St | 2BR, 1BA | $2.38 |
| 12 Africa St | 12 Africa St | 2BR, 1BA | $2.67 |
| Rising Sun Mills | Alexandria | 1BR, 1BA | $2.80 |
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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.
Pet Friendly LifestyleOlneyville, Providence, RI
Ranked #5
Among cities in Rhode Island for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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

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.

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.

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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Written by: Robin Stewart
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.