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modified
Updated 20 Hours Ago

Highlights

  • Large closets
  • Open floor plan
  • Off street parking
  • Laundry in unit
  • Pet friendly

Location

497 Broadway, Providence, RI 02909, USA|Federal Hill
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Tour 497 Broadway

Contact

Management

providencegroup.managebuilding.com

Leasing office

(844) 311-7019 ext. 8849

Property Overview

497 Broadway stands out for its strong overall rating, excellent price and amenity scores, and convenient location, while also offering large closets, an open floor plan, off-street parking, in-unit laundry, and pet-friendly living. It is especially appealing for fitness and wellness as well as social life, with an on-site gym, nearby food and shopping options, public spaces, and a bustling neighborhood setting.

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

8.8
Very Good
With a solid 8.8 out of 10 overall, 497 Broadway is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, 497 Broadway 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

  • Middle school nearby
  • Elevator

Great for

  • Social life
  • Wellness

Floor plans

497 Broadway - 3042 bed1 bath900 sqft$2,200 /mo

Let's explore this property.

Amenities for 497 Broadway

Building

Conference RoomElevator
Fitness CenterFree Weights
Multi-use Room

Services

Recycling
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
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About 497 Broadway

HomeApartments in ProvidenceFederal Hill 497 Broadway

**AVAILABLE NOW!* Spacious 2 bedroom / 1 bath apartment on Broadway in the heart of Federal Hill! Features Include: * Open floor plan * Central A/C * Laundry in unit * Large closets * Off street parking available for additional fee * Unit is electric only! * Pet Friendly


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.
8.8
/10
Very Good
With a solid 8.8 out of 10 overall, 497 Broadway is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, 497 Broadway 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 497 Broadway
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.
497 Broadway 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.
497 Broadway goes above and beyond to provide sought-after conveniences and desirable perks, including conference room. Renters looking for popular or luxurious features will find them here—and for that reason, 497 Broadway 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.
497 Broadway 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·7A 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 it may not have as many distinctive features as similar properties in the surrounding area, renters can trust 497 Broadway to provide reasonable accomodations and accurate details about its community.
Trustworthiness·7A 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.
497 Broadway provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

497 Broadway is great for:

Social life

  • 317 restaurants within 1 mile of this property
  • This community has public spaces on site, like fitness centers or pools
  • A bustling neighborhood
  • 347 mixed-use spaces nearby

Wellness

  • On-site fitness center or gym
  • 9 farmers markets or health food stores nearby
  • There are 61 grocery stores within 1 mile
  • 13 sports facilities (like tennis courts) nearby

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 497 Broadway compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 0.1 mile away
Elevator
Improved accessibility features

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Rent trends in Federal Hill

2-bedroom apartments at 497 Broadway cost about 10% more than the average rent price for 2-bedroom apartments in Federal Hill.

Median rents as of Sep 12 2026.
Federal Hill
Providence
A table of studio rental data trends in Providence
MonthMedian Rent
September 2024$1,500
October 2024$1,462
November 2024$1,465
December 2024$1,512
January 2025$1,565
February 2025$1,582
March 2025$1,574
April 2025$1,468
May 2025$1,450
June 2025$1,512
July 2025$1,550
August 2025$1,467
September 2025$1,448
October 2025$1,448
November 2025$1,450
December 2025$1,473
January 2026$1,498
February 2026$1,498
March 2026$1,500
April 2026$1,525
May 2026$1,605
June 2026$1,699
July 2026$1,643
August 2026$1,480
September 2026$1,500
A table of studio rental data trends in Federal Hill
MonthMedian Rent
September 2024$1,475
October 2024$1,456
November 2024$1,420
December 2024$1,425
January 2025$1,450
February 2025$1,400
March 2025$1,443
April 2025$1,375
May 2025$1,330
June 2025$1,487
July 2025$1,540
August 2025$1,453
September 2025$1,400
October 2025$1,200
November 2025$1,500
December 2025$1,500
January 2026$1,500
February 2026$1,500
March 2026$1,500
April 2026$1,500
May 2026$1,500
June 2026$1,350
July 2026$1,500
August 2026$1,500
September 2026$1,500

Affordability calculator

Can I afford to live at 497 Broadway?

Bedrooms

2 bedrooms

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

$88,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $88,000 annually to afford this 2-bedrooms monthly rent price of $2,200.
For more information on rent affordability, visit our rent calculator.

Schools near 497 Broadway

Asa Messer Elementary School

1655 westminster st

providence, RI, 2909

PK, K-4Public
C-

Carl G. Lauro Elementary School

99 kenyon st

providence, RI, 2903

K-5Public
C-

William D'Abate Elementary School

60 kossuth st

providence, RI, 2909

K-5Public
C-

Webster Avenue School

191 webster ave

providence, RI, 2909

K-5Public
C-

Alfred Lima Sr. Elementary School

222 daboll st

providence, RI, 2907

K-5Public
C-
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Internet available near 497 Broadway

Getting around Providence near 497 Broadway

Walking

9/10
No car? No problem. Everything you need is within a few blocks.

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

5/10
Frequent public transit options are within walking distance.

Points of interest for 497 Broadway, Providence

Groceries

8/10
Wide variety of groceries within a few minutes' walk

Shopping

8/10
Wide variety of shops within a few minutes' walk

Cafes

8/10
Wide variety of cafés within a few minutes’ walk

Restaurants

9/10
Wide variety of restaurants within a few minutes’ walk

Primary schools

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

High schools

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

Parks

7/10
Large amount of park space nearby

Nightlife

9/10
Exceptional variety of bars right within a few minutes’ walk

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