Cheap Homes for Rent in the Olneyville Neighborhood of Providence, RI from $750 (14 Rentals)

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

Your Local Guide to Providence Student Housing: Best Neighborhoods for College Renters

Discover affordable off-campus rentals and the best local neighborhoods for college life, featuring expert tips from a seasoned renter.

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Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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 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 ListingModel NameBed/BathPriced From
The Avenue - One Neighborhood BuildersOne Bedroom 60%1BR,1BA$1,261
Strive LoftsStudio, 1 BathroomStudio,1BA$1,700
Rising Sun MillsAlexandria1BR,1BA$1,960
Grant Mill1A1BR,1BA$2,199

Best Value Apartments for Rent in Olneyville, RI

As of August 27, 2026 the best value apartment in the Olneyville area is the $1.87 price per square foot 164 Bridgham St Model at 164 Bridgham St, Unit Apartment #1 in the in the Manton neighborhood starting from $2,800. The second greatest value Olneyville apartment is the 25 Marshall St Model at 25 Marshall St, Unit 25 Marshall St Apt 1 starting at $2,450 with a $1.88 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.
164 Bridgham St, Unit Apartment #1164 Bridgham St4BR,1BA$1.87
25 Marshall St, Unit 25 Marshall St Apt 125 Marshall St3BR,1BA$1.88
148 De Pasquale Ave, Unit 3rd Floor148 De Pasquale Ave4BR,1BA$1.73
97 De Pasquale Ave, Unit 197 De Pasquale Ave3BR,1BA$2.33
16 Europe St, Unit 316 Europe St2BR,1.5BA$2.40
21 Dale St, Unit #121 Dale St3BR,1BA$2.41
143 Putnam St, Unit Unit Apartment 1143 Putnam St2BR,1BA$2.38
86 Grove St, Unit 86 Grove street86 Grove St2BR,1BA$2.86
Rising Sun MillsAlexandria1BR,1BA$2.71
Grant Mill1A1BR,1BA$3.12

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 Olneyville

What type of rentals are currently available in Olneyville?

There are currently 292 Apartments for Rent in Olneyville, RI with pricing that ranges from $975 to $3,200. There are also 62 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olneyville ranging from $750 to $3,795.

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 $750 to $3,795 with an average monthly rent of $2,285.

How much are larger Three and Four Bedroom Rentals in Olneyville?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Olneyville range from $1,749 to $2,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $2,800. Four Bedroom Single-Family rentals are also available starting from $2,480 and Four Bedroom Apartments start at $1,900.

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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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.

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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.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.