Last updated on September 14, 2026

Average rent in
Providence, RI

Key takeaways for renters

  • Where Providence rent stands today

    Providence, RI rent is essentially flat year over year, with a current median of $2,100/month. Renters are paying $32 more per month on average than last year, with month-to-month rent unchanged recently.

  • Providence runs 10.5% more expensive than the $1,900/month national median, positioning it as a mid-tier metro with 438 total rentals available.

  • Price ranges

    Studios in Providence rent for $1,500/month, 1-bedrooms for $1,850/month, and 2-bedrooms for $2,100/month, with 4+ bedrooms reaching $3,100/month. Houses rent higher at $2,575/month compared to apartments at $2,000/month, consistent with the inventory composition.

  • Neighborhood spotlight

    Mt Hope rents rose 29.1% year over year to $2,575/month, and Wayland increased 27.3% to $2,400/month. These gains contrast with citywide flat rents and show localized strength in these neighborhoods.

Median rent

Median rent in Providence

$2,100/mo

Flat

vs previous year

The average rent in Providence is $2,100 per month as of September 2026. This is 11% above the national average rent, or $200 more per month.

$2.14

average price per square foot

Total rentals

Available rentals in Providence

438

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Providence rentals at each price point

80%60%40%20%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 remained the same over the last month and have remained the same 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 $2,000, whereas a house costs $2,575. 1-bedroom apartments in Providence run $1,850 on average, while 2-bedroom apartments are $2,000.

Listings

Studio

$1,500

No Change

1%

1 bedroom

$1,850

2%

5%

2 bedroom

$2,100

2%

2%

3 bedroom

$2,300

1%

2%

4 bedroom

$3,100

6%

4%

Studio

Average rent

$1,500

Last 30 days

No Change

Last year

1%

1 bedroom

Average rent

$1,850

Last 30 days

2%

Last year

5%

2 bedroom

Average rent

$2,100

Last 30 days

2%

Last year

2%

3 bedroom

Average rent

$2,300

Last 30 days

1%

Last year

2%

4 bedroom

Average rent

$3,100

Last 30 days

6%

Last year

4%

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$2,100
increased by11%

higher than the national median

Median rent price$2,100
increased by11%

higher than the national median

Takeaway

The median rent for all rentals in Providence, RI is equal to 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

71 America Street - Photo 1 of 1

29m ago

7.7

Very good

71 America Street

71 America St, Providence, RI 02903

Studio–2 beds

1 bath

$600–$1,700

483 Dexter St - Photo 1 of 1

5d+ ago

West End Providence house for rent in Providence

1 bed

1 bath

$600

964 Atwells Ave ##3 - Photo 1 of 1

5d+ ago

Mount Pleasant apartment for rent in Providence

1414 Broad St ##2 - Photo 1 of 1

5d+ ago

Washington Park apartment for rent in Providence

3 beds

2 baths

$2,100

$800

Price drop

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 $2,100 per month as of September 12, 2026.

Is rent up or down in Providence?

Average rent prices in Providence have remained the same over the last month and have remained the same since last year.

How does Providence rent compare to the national average?

Rent in Providence is 11% 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 Smith Hill ($1,850/mo), Federal Hill ($2,000/mo), and Downtown 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 $84,000/year, based on spending no more than 30% of your income on rent.

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

November and December offer the best rental deals in Providence, with November seeing the lowest rents and December being the least competitive month. September has the highest rents, creating about a 6% difference between peak and off-peak pricing.

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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