Monthly rent

$2,500

Beds

Baths

Sqft

–

Monthly rent	$2,500
Beds	4
Baths	1
Sqft	–

3 Days Ago

Location

Providence #1, RI 02909, USA|Olneyville

Tour 138 Penn StreetApt 1 #1

Contact

providencegroup.managebuilding.com

(844) 338-5315 ext. 9881

About 138 Penn StreetApt 1 #1

**Available 6/1/26!** Welcome to 138 Penn Street! This spacious 4-bedroom, 1-bathroom apartment in the heart of Federal Hill! Featuring hardwood floors, tiled bathroom / shower and on-site laundry, this unit offers comfortable city living. Enjoy a prime location just steps from Atwells Ave and Broadway, with top restaurants, cafes, and public transit nearby. With a Walk Score of 91, this pet-friendly home is perfect for those who love vibrant city life. Don't miss out—schedule a showing today! - In the heart of Federal Hill - Pet Friendly! - Spacious Floor Plan - Hardwood Floors - On-Site Laundry

138 Penn StreetApt 1 #1 is great for:

Social life

Areas nearby are accessible by walking
A bustling neighborhood
192 restaurants within 1 mile of this property
Diverse age groups live in this area

Neighborhood

Olneyville

Zip code

02909

Type

Apartment for rent

Rent trends in Olneyville

4-bedroom apartments at 138 Penn StreetApt 1 #1 cost about 4% more than the average rent price for 4-bedroom apartments in Olneyville.

Median rents as of Jan 10 2026.

Olneyville

Providence

A table of 4-bedroom apartment rental data trends in Providence
Month	Median Rent
February 2024	$2,800
March 2024	$2,935
April 2024	$2,912
May 2024	$2,975
June 2024	$2,975
July 2024	$2,850
August 2024	$2,895
September 2024	$2,898
October 2024	$3,006
November 2024	$2,928
December 2024	$3,025
January 2025	$3,050
February 2025	$2,999
March 2025	$3,190
April 2025	$3,037
May 2025	$2,800
June 2025	$2,848
July 2025	$2,904
August 2025	$2,863
September 2025	$3,000
October 2025	$2,998
November 2025	$2,980
December 2025	$2,922
January 2026	$3,200

A table of 4-bedroom apartment rental data trends in Olneyville
Month	Median Rent
March 2024	$2,500
April 2024	$2,400
May 2024	$2,400

Affordability calculator

Can I afford to live at Providence #1?

Bedrooms

4+ 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

$100,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $100,000 annually to afford this 4-bedrooms monthly rent price of $2,500.

For more information on rent affordability, visit our rent calculator.

Schools near 138 Penn StreetApt 1 #1

Getting around RI 02909 near Providence #1

Walking

6/10

Grab your reusable bags–many shops and stores are within walking distance.

Driving

10/10

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

Cycling

5/10

More spots are within biking distance and some roads are cyclist-friendly.

Transit

4/10

There are a few mass transit options within the area.

Points of interest for Providence #1, RI 02909

Groceries

7/10

At least one grocery store within a 15-minute walk

Shopping

6/10

Variety of shops within walking distance

Cafes

5/10

Some cafés within walking distance

Restaurants

7/10

Variety of restaurants within walking distance

Primary schools

8/10

At least one elementary school within a 10-minute walk

High schools

8/10

At least one high school within a 10-minute walk

Parks

9/10

Large amount of park space nearby

Nightlife

5/10

Some bars within walking distance

138 Penn StreetApt 1 #1Providence #1, RI 02909, USA

Location

Tour 138 Penn StreetApt 1 #1

Contact

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About 138 Penn StreetApt 1 #1

138 Penn StreetApt 1 #1 is great for:

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Rent trends in Olneyville

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Schools near 138 Penn StreetApt 1 #1

William D'Abate Elementary School

Frank D. Spaziano Elementary School

Webster Avenue School

Asa Messer Elementary School

Anthony Carnevale Elementary School

Internet available near 138 Penn StreetApt 1 #1

Getting around RI 02909 near Providence #1

Walking

Driving

Cycling

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Points of interest for Providence #1, RI 02909

Groceries

Shopping

Cafes

Restaurants

Primary schools

High schools

Parks

Nightlife

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138 Penn StreetApt 1 #1
Providence #1, RI 02909, USA