Cheap Apartments for Rent in Riverside, RI from $500 (24 Rentals)

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Captain Willett
1 to 2 Bedroom Apartments

Captain Willett

591-595 Willett AveRiverside, RI 02915
  • Utilities Included

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.

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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.

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Tempo
Studio to 3 Bedroom Apartments

Tempo

55 George M Cohan BlvdProvidence, RI 02903

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.

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Showing Results 1-24, Page 1 of 1

Riverside, RI Local Guide

Cheapest Available Riverside Apartments for Rent and Nearby

 

The cheapest available apartment rental in Riverside, RI is a 1 Bed unit found at Mansion House (Riverside) in the Outer East Bay neighborhood priced from $1,295. Parkway Apartments in the Outer East Bay neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,595. Here is today’s list of the most affordable Riverside apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mansion House (Riverside)1 Bed1BR,1BA$1,295
Parkway Apartmentsced 1 bed1BR,1BA$1,595
The Christine ApartmentsStudioStudio,1BA$1,649
Captain WillettTwo Bedroom One Bath2BR,1BA$1,650
Winchester Park and WoodsBradford1BR,1BA$1,721

Best Value Apartments for Rent in Riverside, RI and Nearby

As of April 20, 2026 the best value apartment in the Riverside area is the $2.19 price per square foot 1 bedroom newly renovated Model at Parkway Apartments in the in the Outer East Bay neighborhood starting from $1,695. The second greatest value Riverside apartment is the Two Bedroom One Bath Model at Captain Willett starting at $1,650 with a $2.20 price per square foot in the Warwick West Warwick neighborhood. Here is today’s list of the best values for Riverside apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Parkway Apartments1 bedroom newly renovated1BR,1BA$2.19
Captain WillettTwo Bedroom One Bath2BR,1BA$2.20
Bullocks PointOne Bed / One Bath1BR,1BA$2.71
The Four SeasonsA3R - Studio Deluxe RenovatedStudio ,1BA$2.54
East Shore Apartment Homes1 Bedroom 1 Bathroom1BR,1BA$2.81
The Residences at Bold Point1 bd / 1 ba1BR,1BA$3.07
Winchester Park and WoodsBradford1BR,1BA$2.71
Kettle PointStudioStudio ,1BA$3.59
Kent Farm Apartments1 Bedroom1BR,1BA$3.02
Mansion House (Riverside)1 Bed1BR,1BA$2.35

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The 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.

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Cash 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.

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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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Frequently Asked Questions about Cheap Riverside Apartments

What is the Cheapest Studio apartment in Riverside?

Currently the most affordable Cheap Studio Apartment in Riverside is at The Christine Apartments listed at $1,649.

How much is rent for a Cheap One Bedroom Riverside Apartment?

The lowest price for a Cheap One Bedroom Riverside Apartment is $1,295 at Mansion House (Riverside).

What is the lowest price for a Cheap Two Bedroom Riverside Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Riverside is starting from $1,650 at Captain Willett.

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

decorative image for From Blue-Collar to Bustling: Discover the Best Affordable Neighborhoods for Renting in Providence article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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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.