Cheap Homes for Rent in Olneyville Neighborhood of Providence, RI from $2,000 (23 Rentals)

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

property at 71 Marshall St

71 Marshall St

ProvidenceRI02909
property at 18 Andrews St

18 Andrews St, Unit 1

18 Andrews St
ProvidenceRI02909

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 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 $1,835. Here are the most affordable Olneyville apartments for rent in Providence, RI:

Apartment ListingModel NameBed/BathPriced From
468 W Fountain St1 bed1BR,1BA$1,750
Rising Sun MillsFrederickStudio,1BA$1,835
Strive Lofts1 Bedroom, 1 Bathroom1BR,1BA$2,100
Grant Mill2J2BR,2BA$2,399
Paragon Mill3BR 2BA3BR,2BA$2,425

Best Value Apartments for Rent in Olneyville, RI

As of July 09, 2025 the best value apartment in the Olneyville area is the $1.07 price per square foot 14 Florence St Model at 14 Florence St, Unit Apt 1 in the in the Manton neighborhood starting from $2,350. The second greatest value Olneyville apartment is the 3 Bed 2 Bath Model at US Rubber Lofts starting at $2,680 with a $1.45 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.
14 Florence St, Unit Apt 114 Florence St4BR,1BA$1.07
US Rubber Lofts3 Bed 2 Bath3BR,2BA$1.45
18 Spencer St, Unit 318 Spencer St3BR,2BA$1.71
Paragon Mill3BR 2BA3BR,2BA$1.54
67 Vernon St, Unit Unit#167 Vernon St3BR,1BA$1.52
Grant Mill2K2BR,2BA$2.54
106 Tell St, Unit Apt 2——2nd Floor106 Tell St3BR,1BA$2.10
18 Messenger St, Unit 318 Messenger St3BR,1BA$2.03
468 W Fountain St1 bed1BR,1BA$1.75
16 Europe St, Unit 216 Europe St2BR,1BA$2.20

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Frequently Asked Questions about Olneyville

What type of rentals are currently available in Olneyville?

There are currently 285 Apartments for Rent in Olneyville, RI with pricing that ranges from $975 to $3,750. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olneyville ranging from $2,050 to $3,500.

What is the current price range for Rental Homes in Olneyville?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Olneyville ranges from $2,050 to $3,500 with an average monthly rent of $2,375.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.