Cheap Homes for Rent in Olneyville Neighborhood of Providence, RI from $2,000 (23 Rentals)
Search the lowest-cost Homes available for rent right now in the Olneyville area of Providence.

748-750 Atwells Ave

124 Almy St, Unit 1B

81-83 America St

71 Marshall St

81-83 America St

81-83 America St

130 Sutton St, Unit 1

18 Andrews St, Unit 1
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 | $2,700 | $2,200 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 23 rentals with your search options within a 2 mile radius of the Olneyville Neighborhood of Providence, RI.
Explore Providence
Olneyville, Providence, RI Local Guide
- Nearby Providence neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
468 W Fountain St | 1 bed | 1BR,1BA | $1,750 |
Rising Sun Mills | Frederick | Studio,1BA | $1,835 |
Strive Lofts | 1 Bedroom, 1 Bathroom | 1BR,1BA | $2,100 |
Grant Mill | 2J | 2BR,2BA | $2,399 |
Paragon Mill | 3BR 2BA | 3BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
14 Florence St, Unit Apt 1 | 14 Florence St | 4BR,1BA | $1.07 |
US Rubber Lofts | 3 Bed 2 Bath | 3BR,2BA | $1.45 |
18 Spencer St, Unit 3 | 18 Spencer St | 3BR,2BA | $1.71 |
Paragon Mill | 3BR 2BA | 3BR,2BA | $1.54 |
67 Vernon St, Unit Unit#1 | 67 Vernon St | 3BR,1BA | $1.52 |
Grant Mill | 2K | 2BR,2BA | $2.54 |
106 Tell St, Unit Apt 2——2nd Floor | 106 Tell St | 3BR,1BA | $2.10 |
18 Messenger St, Unit 3 | 18 Messenger St | 3BR,1BA | $2.03 |
468 W Fountain St | 1 bed | 1BR,1BA | $1.75 |
16 Europe St, Unit 2 | 16 Europe St | 2BR,1BA | $2.20 |
Quick 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.
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.

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.