Cheap Apartments for Rent in Riverside, RI from $500 (25 Rentals)

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Search the lowest-cost Apartments available for rent right now in Riverside.

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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Tempo
Studio to 3 Bedroom Apartments

Tempo

55 George M Cohan BlvdProvidence, RI 02903
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135 - 153 Waterman Ave
Studio to 2 Bedroom Apartments

135 - 153 Waterman Ave

135 - 153 Waterman AveEast Providence, RI 02914

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.

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 Winchester Park and Woods in the Outer East Bay neighborhood priced from $1,703. Kent Farm Apartments in the Outer East Bay neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,750. Here is today’s list of the most affordable Riverside apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Winchester Park and WoodsBrooksyde1BR,1BA$1,703
Kent Farm Apartments1 Bedroom1BR,1BA$1,750
Parkway Apartmentsnewly remodeled 1 bed1BR,1BA$1,750
The Four SeasonsA3R - Studio Deluxe RenovatedStudio,1BA$1,755
East Shore Apartment Homes1 Bedroom 1 Bathroom1BR,1BA$1,795

Best Value Apartments for Rent in Riverside, RI and Nearby

As of June 05, 2026 the best value apartment in the Riverside area is the $2.25 price per square foot 71 East St Model at 71 East St, Unit B in the in the Warwick West Warwick neighborhood starting from $2,700. The second greatest value Riverside apartment is the 2 bedroom Model at Parkway Apartments starting at $1,895 with a $2.37 price per square foot in the Outer East Bay 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.
71 East St, Unit B71 East St3BR,1BA$2.25
Parkway Apartments2 bedroom2BR,1BA$2.37
The Christine Apartments1 Bedroom 1 Bath1BR,1BA$2.61
Bullocks PointOne Bed / One Bath1BR,1BA$2.71
The Four SeasonsA3R - Studio Deluxe RenovatedStudio ,1BA$2.58
East Shore Apartment Homes1 Bedroom 1 Bathroom1BR,1BA$2.66
The Residences at Bold Point1 bd / 1 ba1BR,1BA$3.07
Winchester Park and WoodsBradford1BR,1BA$2.57
Kettle PointStudioStudio ,1BA$3.68
Kent Farm Apartments1 Bedroom1BR,1BA$3.02

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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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.

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Frequently Asked Questions about Cheap Riverside Apartments

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

The lowest price for a Cheap One Bedroom Riverside Apartment is $1,710 at Winchester Park and Woods.

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 $1,895 at Parkway Apartments.

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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.