17 What Cheer Ave, Unit 2
17 What Cheer Ave
ProvidenceRI02909
Cheap Homes for Rent in Silver Lake Neighborhood of Providence, RI from $1,600 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Silver Lake area of Providence.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
53 Bancroft St, Unit 3
53 Bancroft St
ProvidenceRI02909
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.
53 Bancroft St
ProvidenceRI02909
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Silver Lake, Providence, RI Local Guide
How much does it cost to rent a home in Silver Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Silver Lake 2 Bedroom Homes for Rent | $2,191 | $1,875 | $2,750 |
| Silver Lake 3 Bedroom Homes for Rent | $1,833 | $1,600 | $2,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 3 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 May 07, 2026 the best value apartment in the Silver Lake area is the $1.93 price per square foot 28 Mercy St Model at 28 Mercy St, Unit Apartment #2 in the in the Manton neighborhood starting from $1,900. The second greatest value Silver Lake apartment is the 39 Sophia St Model at 39 Sophia St, Unit Sophia Street 2nd Floor starting at $2,100 with a $2.33 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. |
|---|---|---|---|
| 28 Mercy St, Unit Apartment #2 | 28 Mercy St | 2BR,1BA | $1.93 |
| 39 Sophia St, Unit Sophia Street 2nd Floor | 39 Sophia St | 3BR,1BA | $2.33 |
| 22-24 Pocasset Ave | 1 x 1 | 1BR,1BA | $1.93 |
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 Article
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.
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.
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Pet Friendly LifestyleSilver Lake, Providence, RI
Ranked #27
Among cities in Rhode Island for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Silver Lake
What type of rentals are currently available in Silver Lake?
There are currently 78 Apartments for Rent in Silver Lake, RI with pricing that ranges from $1,600 to $4,146. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Silver Lake ranging from $1,600 to $2,750.
What is the current price range for Rental Homes in Silver Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Silver Lake ranges from $1,600 to $2,750 with an average monthly rent of $2,012.
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.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.