74 Vernon St
ProvidenceRI02903
Cheap Apartments for Rent in the Olneyville Neighborhood of Providence, RI from $500 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Olneyville area of Providence.
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$1,003 - $3,0161 to 3 Bedroom Apartments Available Now
Paragon Mill
144 Delaine StProvidence, RI 02909
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Studio to 3 Bedroom Apartments
One Neighborhood Builders Apartments
255-261 Manton AveProvidence, RI 02909
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Showing Results 1-10, 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 | $1,905 | $1,700 | $2,563 |
| Olneyville 1 Bedroom Apartments | $1,906 | $975 | $3,429 |
| Olneyville 2 Bedroom Apartments | $2,297 | $1,189 | $3,500 |
| Olneyville 3 Bedroom Apartments | $2,483 | $2,100 | $2,900 |
| Olneyville 4 Bedroom Apartments | $2,971 | $2,350 | $3,340 |
Browse Apartments in this Neighborhood
There are currently 10 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 468 W Fountain St priced from $1,750. Rising Sun Mills has the second lowest priced unit, which is a Studio apartment currently listed from $1,770. Here are the most affordable Olneyville apartments for rent in Providence, RI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 468 W Fountain St | 1 bed | 1BR,1BA | $1,750 |
| Rising Sun Mills | Frederick | Studio,1BA | $1,770 |
| US Rubber Lofts | 2 Bed 1 Bath | 2BR,1BA | $1,905 |
Best Value Apartments for Rent in Olneyville, RI
As of July 30, 2025 the best value apartment in the Olneyville area is the $1.54 price per square foot 3BR 2BA Model at Paragon Mill in the in the Manton neighborhood starting from $2,425. The second greatest value Olneyville apartment is the 1 bed Model at 468 W Fountain St starting at $1,750 with a $1.75 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. |
|---|---|---|---|
| Paragon Mill | 3BR 2BA | 3BR,2BA | $1.54 |
| 468 W Fountain St | 1 bed | 1BR,1BA | $1.75 |
| 16 Europe St, Unit 2 | 16 Europe St | 2BR,1BA | $2.20 |
| Grant Mill | 1V | 1BR,2BA | $2.65 |
| Strive Lofts | 1 Bedroom, 1 Bathroom | 1BR,1BA | $2.83 |
| 84 Tell St, Unit 82A | 84 Tell St | 1BR,1BA | $3.00 |
| Rising Sun Mills | Frederick | Studio ,1BA | $3.22 |
| 250 Federal St, Unit 1 | 250 Federal St | 3BR,1BA | $25.00 |
| 27 Florence St, Unit 1L | 27 Florence St | 1BR,1BA | $13.75 |
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Pet Friendly LifestyleOlneyville, Providence, RI
Ranked #23
Among cities in Rhode Island 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 the price of a cheap apartment in Olneyville?
The cheapest apartment in Olneyville is 468 W Fountain St which is listed at $1,750, while the average apartment in Olneyville costs $3,250.
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 1 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 $282 which is $2,968 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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
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.