
Cheap Apartments for Rent in the Silver Lake Neighborhood of Providence, RI from $1,400 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Silver Lake area of Providence.


20 Kelly St

17 What Cheer Ave

93 Stanton St

93 Stanton St

43 Westerly Ave, Unit 1st Floor Unit
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.

97 Barrows St

43 Westerly Ave

43 Westerly Ave

43 Westerly Ave

41 Alto St, Unit 2

389 Laurel Hill Ave
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.
Silver Lake, Providence, RI Local Guide

How much does it cost to rent an apartment in Silver Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Silver Lake Studio Apartments | $1,800 | $1,600 | $2,000 |
| Silver Lake 1 Bedroom Apartments | $3,332 | $1,685 | $4,552 |
| Silver Lake 2 Bedroom Apartments | $1,886 | $1,495 | $2,200 |
| Silver Lake 3 Bedroom Apartments | $2,190 | $1,800 | $2,600 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Silver Lake Neighborhood of Providence, RI.
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Silver Lake, Providence, RI Local Guide
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Best Value Apartments for Rent in Silver Lake, RI
As of January 24, 2026 the best value apartment in the Silver Lake area is the $1.67 price per square foot 43 Westerly Ave Model at 43 Westerly Ave, Unit 1st Floor Unit in the in the Manton neighborhood starting from $2,000. The second greatest value Silver Lake apartment is the 15 Barrows St Model at 15 Barrows St, Unit C starting at $2,200 with a $2.20 price per square foot in the Manton neighborhood. Here is today’s list of the best values for Silver Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 43 Westerly Ave, Unit 1st Floor Unit | 43 Westerly Ave | Studio ,1BA | $1.67 |
| 15 Barrows St, Unit C | 15 Barrows St | 2BR,1.5BA | $2.20 |
| 41 Alto St, Unit 2 | 41 Alto St | Studio ,1BA | $2.91 |
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 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 LifestyleSilver Lake, Providence, RI
Ranked #28
Among cities in Rhode Island for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.