Cheap Homes for Rent in Olneyville Neighborhood of Providence, RI from $1,600 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Olneyville area of Providence.

32 Tuxedo Ave
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.

124 Almy St, Unit 1B
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.
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 | $1,600 | $1,600 | $1,600 |
| Olneyville 3 Bedroom Homes for Rent | $2,450 | $2,450 | $2,450 |
| Olneyville 4 Bedroom Homes for Rent | $3,200 | $3,200 | $3,200 |
Browse Homes for Rent in this Neighborhood
There are currently 9 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 US Rubber Lofts priced from $1,735. Rising Sun Mills has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,895. Here are the most affordable Olneyville apartments for rent in Providence, RI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| US Rubber Lofts | 1 Bed 1 Bath | 1BR,1BA | $1,735 |
| Rising Sun Mills | Alexandria | 1BR,1BA | $1,895 |
| Grant Mill | 2H | 2BR,2BA | $2,699 |
Best Value Apartments for Rent in Olneyville, RI
As of November 29, 2025 the best value apartment in the Olneyville area is the $1.25 price per square foot 31 Heath St Model at 31 Heath St, Unit 2nd and 3rd floor 6 bed in the in the Manton neighborhood starting from $2,375. The second greatest value Olneyville apartment is the 2H Model at Grant Mill starting at $2,699 with a $1.98 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. |
|---|---|---|---|
| 31 Heath St, Unit 2nd and 3rd floor 6 bed | 31 Heath St | 6BR,1BA | $1.25 |
| Grant Mill | 2H | 2BR,2BA | $1.98 |
| 37 Hudson St, Unit Apt 1 | 37 Hudson St | 2BR,1BA | $1.42 |
| 97 De Pasquale Ave, Unit 3 | 97 De Pasquale Ave | 3BR,1BA | $2.33 |
| US Rubber Lofts | 1 Bed 1 Bath | 1BR,1BA | $1.71 |
| Rising Sun Mills | Alexandria | 1BR,1BA | $2.37 |
| 98 Vinton St, Unit Unit 3 | 98 Vinton St | 3BR,1BA | $3.10 |
| 123 Almy St, Unit 1F | 123 Almy St | 2BR,1BA | $22.50 |
| 250 Federal St, Unit 1 | 250 Federal St | 3BR,1BA | $25.00 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 #6
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 280 Apartments for Rent in Olneyville, RI with pricing that ranges from $895 to $3,200. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olneyville ranging from $1,600 to $3,200.
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 $3,200 with an average monthly rent of $2,312.
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 $1,550 to $3,080, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,450 to $2,450. Four Bedroom Single-Family rentals are also available starting from $3,200 and Four Bedroom Apartments start at $3,000.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.






