5+ Days 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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Property Overview
497 Broadway is a well-rated property with a Zumper expert rating of 8.4, highlighting its competitive pricing and exceptional amenities, such as large closets and laundry in-unit. The location scores high for convenience, with access to a vibrant community featuring numerous restaurants and mixed-use spaces. Additionally, the property offers off-street parking and is pet-friendly, making it an appealing choice for renters seeking a lively social environment.
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.
Things you’ll love
Middle school nearby- Elevator
Great for
Social life
Floor plans
| 497 Broadway - 304 | 2 bed | 1 bath | 900 sqft | $2,200 /mo |
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Amenities for 497 Broadway
Building
| Conference Room | Elevator |
| Fitness Center | Free 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
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About 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.
8.4
/10
Very GoodWith a solid 8.4 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.
Price·9A 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 stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
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:
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
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.2 mile away
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Rent trends in Federal Hill
2-bedroom apartments at 497 Broadway cost about 9% more than the average rent price for 2-bedroom apartments in Federal Hill.
Median rents as of Oct 18 2025.
Federal Hill
Providence
| Month | Median Rent |
|---|---|
| November 2023 | $1,468 |
| December 2023 | $1,617 |
| January 2024 | $1,675 |
| February 2024 | $1,500 |
| March 2024 | $1,507 |
| April 2024 | $1,479 |
| May 2024 | $1,475 |
| June 2024 | $1,487 |
| July 2024 | $1,444 |
| August 2024 | $1,403 |
| 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 | $1,447 |
| Month | Median Rent |
|---|---|
| November 2023 | $1,188 |
| December 2023 | $1,307 |
| January 2024 | $1,350 |
| February 2024 | $1,100 |
| March 2024 | $1,125 |
| April 2024 | $1,150 |
| May 2024 | $1,441 |
| June 2024 | $1,395 |
| July 2024 | $1,481 |
| August 2024 | $1,468 |
| September 2024 | $1,487 |
| 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 |
Affordability calculator
Can I afford to live at 497 Broadway?
Bedrooms
2 bedroomsRent-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
7/10
At least one supermarket within a 15-minute walk
Shopping
7/10
Several shops within a few minutes’ walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
8/10
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
6/10
Several bars within a few minutes’ walk
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