
Cheap Homes for Rent in Olneyville Neighborhood of Providence, RI from $1,600 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Olneyville area of Providence.


751 Atwells Ave

32 Tuxedo Ave

962 Atwells Ave

91 Penn St

13 Albro St
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.

413 Atwells Ave

10 Henry St

120 Gesler St

13 Albro St

154-156 Hudson St

19-21 Penn Street
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.

124 Almy St
Olneyville, Providence, RI Local Guide

How much does it cost to rent a home in Olneyville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Olneyville 2 Bedroom Homes for Rent | $1,816 | $1,600 | $2,150 |
| Olneyville 3 Bedroom Homes for Rent | $2,300 | $2,100 | $2,600 |
Browse Homes for Rent in this Neighborhood
There are currently 13 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 22-24 Pocasset Ave priced from $1,500. Rising Sun Mills has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,850. Here are the most affordable Olneyville apartments for rent in Providence, RI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 22-24 Pocasset Ave | 1 x 1 | 1BR,1BA | $1,500 |
| Rising Sun Mills | Alexandria | 1BR,1BA | $1,850 |
| Grant Mill | 1AH | 1BR,1BA | $1,923 |
| Strive Lofts | 1 Bedroom, 1 Bathroom | 1BR,1BA | $2,010 |
Best Value Apartments for Rent in Olneyville, RI
As of April 04, 2026 the best value apartment in the Olneyville area is the $1.45 price per square foot 3 Bed 2 Bath Model at US Rubber Lofts in the in the Manton neighborhood starting from $2,680. The second greatest value Olneyville apartment is the Unit #2 Model at 98 Knight St starting at $2,300 with a $1.77 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. |
|---|---|---|---|
| US Rubber Lofts | 3 Bed 2 Bath | 3BR,2BA | $1.45 |
| 98 Knight St | Unit #2 | 2BR,1.5BA | $1.77 |
| 124 Vinton St, 3, Unit 3 | 124 Vinton St, 3 | 4BR,1BA | $1.91 |
| 2 Ames St, Unit 1 | 2 Ames St | 1BR,1BA | $1.94 |
| 25 Piedmont St, Unit Apt. 1 | 25 Piedmont St | 2BR,1BA | $1.93 |
| 37 Hudson St, Unit Unit#3 | 37 Hudson St | 2BR,1BA | $1.65 |
| 21 Dale St | 21 Dale St | 3BR,1BA | $2.17 |
| Rising Sun Mills | Alexandria | 1BR,1BA | $2.09 |
| 22-24 Pocasset Ave | 1 x 1 | 1BR,1BA | $2.00 |
| Grant Mill | 1AH | 1BR,1BA | $2.57 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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.
Read ArticleQuick 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.
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 Olneyville
What type of rentals are currently available in Olneyville?
There are currently 288 Apartments for Rent in Olneyville, RI with pricing that ranges from $1,475 to $4,982. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olneyville ranging from $1,600 to $2,600.
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 $1,600 to $2,600 with an average monthly rent of $1,924.
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

From Blue-Collar to Bustling: Discover the Best Affordable Neighborhoods for Renting in Providence
Written by: M. April Tome
I’m April, your ApartmentHomeLiving.com Local Export for Providence, RI. Providence is the capital of Rhode Island. It is a bustling city with a small-town New England vibe.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.

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.