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Cheap Apartments for Rent in Providence, RI - 181 Rentals available

Apartments Under $1,000

Apartments Under $1,200

  • Apartment
    99 Roger Williams Green, Providence, RI 02904
    $1,180 - $3,110
    • Studio-3 Beds
    • 1-2 Baths
    Fairfield Residential
    Available Today! Last updated 26 May 2020
    (401) 371-4506

Apartments Under $1,900

  • Apartment
    180 Friendship St, Providence, RI 02903
    $1,850 - $3,800
    • 1-3 Beds
    • 1-2 Baths
    Acropolis Management Services LLC
    Available Today! Last updated 26 May 2020
    (401) 339-3004
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Renting a Cheap Apartment in Providence

Providence is the capital and largest city in the small state of Rhode Island. An early center of East Coast industry, Providence’s economy is now centered on education, health care and manufacturing. The city’s small physical area means it is densely populated. As a result, many commuters are able to walk and use alternative transportation to get to their city center jobs. Providence is located on the mouth of the Providence River and at the head of Narangansett Bay. There are 25 residential neighborhoods throughout the city, and the historic parts of downtown Providence include businesses with their original exterior facades. Recreation opportunities in Providence include hockey and ice skating.

Providence, RI Demographics

  • Total Population179,435
  • Female 86,515
    Male 92,920
  • Median Age30

Average Rent in Providence, RI

  • Providence, RI Average Rental Price, February 2020 $1,873 /mo

    Providence, RI Apartment Rent Ranges

    • $701-$1,0002%
    • $1,001-$1,50020%
    • $1,501-$2,00047%
    • > $2,00031%

    Providence, RI Rent Trends

    Average Rent Nov / 2016 Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Feb / 2020
    Providence, RI $1,786 $1,763 $1,774 $1,821 $1,825 $1,824 $1,884 $1,904 $1,943 $1,937 $1,873
    National $1,340 $1,337 $1,368 $1,371 $1,374 $1,408 $1,417 $1,422 $1,458 $1,466 $1,468
    /

    Providence, RI Households

    • Total Number of Households61,638
    • Family 35,221
      Non-family 26,417
    • Children 20,593
      No Children 41,045
    • Average People Per Household2.68
    • Median Household Income$42,158
    • Median Housing Costs Per Month$1,092

    Providence, RI Education Statistics

    • No High School9%
    • Some High School41%
    • Some College17%
    • Associate Degree5%
    • Bachelor Degree16%
    • Graduate Degree12%

    Looking for a cheap apartment for rent in Providence, RI? With RENTCafé, finding an affordable apartment in Providence, RI has never been easier. We feature 189 low-priced rentals directly from property managers, with rents lower than the Providence, RI average. What is a cheap rent in Providence, RI? The average apartment rent in Providence is $1,873 per month so any rental south of $1,498 would be considered cheap here. On RENTCafé, Providence, RI rents go as low as $994/mo.

    Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!