Zumper
modified
5+ Days Ago

Highlights

  • Pet Friendly
  • Off-street parking
  • Professionally managed
  • Shared laundry facility
  • Comfortable living space
  • Shared laundry area
  • Welcoming community

Location

242 Waterman Ave, North Providence, RI 02911, USA
Hi! Let’s figure out if this property is right for you.

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Contact

Management

The Bilotti Group, Inc.

Leasing office

(401) 942-5592

Property Overview

242 Waterman Avenue offers strong overall value with an expert Zumper rating of 8.6/10, highlighted by a perfect 10/10 price score and high marks for amenities, location, and trustworthiness. Residents can expect convenient access to groceries, a professionally managed setting, and a comfortable living space with off-street parking, shared laundry facilities, and a welcoming community atmosphere.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.6
Very Good
With a solid 8.6 out of 10 overall, 242 Waterman Avenue is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 242 Waterman Avenue has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive
  • Dishwasher
  • Laundry available on site

Great for

  • Pet owners

Floor plans

1x1b1 bed1 bath500 sqft$1,325 /mo1 unit availableDiscover this charming one-bedroom apartment nestled in a desirable North Providence neighborhood near Smithfield. With easy access to I-295 and off-street parking, commuting is a breeze. The apartment features a shared laundry area for residents, ensuring ease and convenience. Professionally managed, this property has a strong track record of fostering a welcoming community of exceptional residents and neighbors. The tenant is responsible for electricity, all other utilities, including water, sewer, and trash are included in the rent for added convenience. A one-year lease and background and credit checks are required to ensure a safe and welcoming environment. Additionally, applicants must demonstrate a household income of at least three times the rent. Showings are available after the approval of your application—your next home awaits!

Let's explore this property.

Amenities for 242 Waterman Avenue

Apartment Amenities

BalconyTrash
Water

Appliances

RangeRefrigerator
Stove

Building

Cats OKDogs OK
Onsite LaundrySewer
Shared Laundry

Grounds

Off-Street Parking
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units37
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About 242 Waterman Avenue

HomeApartments in North Providence 242 Waterman Avenue

Welcome to 242 Waterman Avenue in North Providence, RI! This charming apartment offers convenient off-street parking, a shared laundry facility for your convenience, and a lovely balcony where you can relax and enjoy the fresh air. Located in a convenient neighborhood, this apartment is perfect for those looking for a comfortable and convenient living space. Don't miss out on the opportunity to make 242 Waterman Avenue your new home!


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.6
/10
Very Good
With a solid 8.6 out of 10 overall, 242 Waterman Avenue is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 242 Waterman Avenue has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 242 Waterman Avenue
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
242 Waterman Avenue offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
242 Waterman Avenue goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, 242 Waterman Avenue receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
242 Waterman Avenue is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 242 Waterman Avenue does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

242 Waterman Avenue is great for:

Pet owners

  • Outdoor spaces are available at this property
  • 3 pet grooming services nearby
  • 2 pet hospitals in the area
  • 4 pet supply stores near the property

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 242 Waterman Avenue compares to other nearby properties.

Positives

Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
Dishwasher
Dishwasher available in kitchen
Laundry available on site
Washers and dryers are available in-building or in-unit
Outdoor space
Easy access to the outdoors
Pet friendly
This property allows pets

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in North Providence

1-bedroom apartments at 242 Waterman Avenue cost about 18% less than the average rent price for 1-bedroom apartments in North Providence.

Median rents as of Apr 25 2026.
North Providence
A table of studio rental data trends in North Providence
MonthMedian Rent
May 2024$1,763
June 2024$1,868
July 2024$1,791
August 2024$1,943
September 2024$1,833
October 2024$1,889
November 2024$1,922
December 2024$1,874
January 2025$1,762
February 2025$1,830
March 2025$1,899
April 2025$1,853
May 2025$1,898
June 2025$1,985
July 2025$1,947
August 2025$2,093
September 2025$2,027
October 2025$1,877
November 2025$1,935
December 2025$2,019
January 2026$2,050
February 2026$1,995
March 2026$1,867
April 2026$1,799

Affordability calculator

Can I afford to live at 242 Waterman Ave?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$53,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $53,000 annually to afford this 1-bedroom monthly rent price of $1,325.
For more information on rent affordability, visit our rent calculator.

Schools near 242 Waterman Avenue

Greystone School

100 morgan ave

north providence, RI, 2911

PK, K-5Public
B

Pleasant View Elementary Schoo

1000 pleasant view ave

smithfield, RI, 2917

K-5Public
A-

R.I. School for the Deaf

one corliss park

providence, RI, 2908

PK, K-12Public

Raices Dual Language Academy

135 hunt st

central falls, RI, 2863

PK, K-5Public
C-

Cranston Early Learning Center

45 sprague ave

cranston, RI, 2910

PKPublic
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Internet available near 242 Waterman Avenue

Getting around North Providence near 242 Waterman Ave

Walking

3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 242 Waterman Ave, North Providence

Groceries

0/10
No grocery stores within walking distance

Shopping

4/10
Some shops within walking distance

Cafes

4/10
Few or no cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

5/10
At least one elementary school within a 30-minute walk

High schools

0/10
No high schools within a 30-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

2/10
Few or no bars within walking distance

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