Last updated on June 15, 2026

Average rent in
Providence, RI

Key takeaways for renters

  • Where Providence rent stands today

    Providence, RI rent rose 2.6% year over year, with a current median of $2,150/month. Renters are paying $135 more per month on average than last year despite a slight month-over-month decline of 1.1%.

  • Providence runs 10.3% more expensive than the $1,950/month national median, positioning it as a moderately priced metro with 398 total rentals available.

  • Price ranges

    Studios in Providence rent for $1,699/month, 1-bedrooms for $1,850/month, and 2-bedrooms for $2,200/month, with 4+ bedrooms reaching $3,210/month. Houses command a median of $2,995/month compared to $2,100/month for apartments.

  • Neighborhood spotlight

    Reservoir rents fell 34.0% year over year to $1,650/month across 21 rentals, contrasting with the citywide rise of 2.6%. South Elmwood and Blackstone saw gains of 44.0% and 35.0% respectively, showing divergent neighborhood trends in Providence.

Median rent

Median rent in Providence

$2,150/mo

increased by3%

vs previous year

The average rent in Providence is $2,150 per month as of June 2026. This is 10% above the national average rent, or $200 more per month.

$2.49

average price per square foot

Total rentals

Available rentals in Providence

398

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Providence rentals at each price point

75%56%38%19%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Providence, RI

Average rent prices in Providence have decreased by 1% over the last month and have increased by 3% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Providence, RI

Rent prices in Providence vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Providence is $2,100, whereas a house costs $2,995. 1-bedroom apartments in Providence run $1,899 on average, while 2-bedroom apartments are $2,200.

Listings

Studio

$1,699

3%

10%

1 bedroom

$1,850

No Change

15%

2 bedroom

$2,200

1%

7%

3 bedroom

$2,400

1%

1%

4 bedroom

$3,210

2%

20%

Studio

Average rent

$1,699

Last 30 days

3%

Last year

10%

1 bedroom

Average rent

$1,850

Last 30 days

No Change

Last year

15%

2 bedroom

Average rent

$2,200

Last 30 days

1%

Last year

7%

3 bedroom

Average rent

$2,400

Last 30 days

1%

Last year

1%

4 bedroom

Average rent

$3,210

Last 30 days

2%

Last year

20%

The table above reflects average rent prices in Providence, RI, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Providence, RI compare to other cities?

Compare median rent prices in Providence and Attleboro by all bedroom counts and property types.

Providence

Median rent price$2,150
increased by10%

higher than the national median

Median rent price$1,950

Equal to the the national median

Takeaway

The median rent for all rentals in Providence, RI is 10% higher than the median rent in Attleboro, MA.

Cost of living in Providence, RI

Explore the cost of essential expenses, and then use our rent calculator to find out how much rent you can afford.

Expenses
accrued by most renters
Average cost
compared to national average
Goods & Services10% higher
Groceries2% higher
Health1% higher
Housing15% higher
TransportationNo difference
Utilities29% higher

Discover rentals in Providence, RI

138 Camden Avenue - Photo 1 of 1

23h ago

7.1

Very good

138 Camden Avenue

138 Camden Ave, Providence, RI 02908

1 bed

1 bath

$850

Apartment for rent

206 California Ave #206C3 - Photo 1 of 1

1d ago

Washington Park condo for rent in Providence

Seeking one more roommate in FURNISHED Unit

206 California Ave #206C3, Providence, RI 02905

1 bed

1 bath

$899

Condo for rent

Available Jul 1

14 Trenton Street - Photo 1 of 1

21h ago

7.1

Very good

14 Trenton Street

14 Trenton St, Providence, RI 02906

2 beds

1 bath

$900

Apartment for rent

71 Marion Ave N #1A1C - Photo 1 of 1

5d+ ago

Washington Park condo for rent in Providence

71 Marion Ave

71 Marion Ave N #1A1C, Providence, RI 02905

1 bed

1.5 baths

$900

Condo for rent

Available Jun 1

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Providence, RI

Quick answers to common questions about the Providence rental market.

How much is rent in Providence?

The average rent in Providence is $2,150 per month as of June 13, 2026.

Is rent up or down in Providence?

Average rent prices in Providence have decreased by 1% over the last month and have increased by 3% since last year.

How does Providence rent compare to the national average?

Rent in Providence is 10% above the national average, which means renters are paying approximately $200 more per month.

Which neighborhoods are most affordable in Providence?

The most affordable neighborhoods in Providence are Federal Hill ($1,999/mo), Wayland ($2,100/mo), and West End Providence ($2,100/mo).

What salary do I need to afford rent in Providence?

To comfortably afford rent in Providence, you'd need to earn approximately $86,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Providence?

Providence's 2025 rental market shows one-bedroom apartments averaging around $1,700 per month, while two-bedroom units rent for around $2,100 monthly. These figures represent the current market rates across Rhode Island's capital city.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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