Average Rent in Providence, RI and Rent Price Trends

Rent price trends in
Providence, RI

Rent price trends

Rent prices for all bedroom counts and property types in Providence, RI have increased by 3% in the last month and have increased by 5% in the last year.

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

Rent comparables in
Providence, RI
The monthly rent for an apartment in Providence, RI is $2,100. A 1-bedroom apartment in Providence, RI costs about $1,800 on average, while a 2-bedroom apartment is $2,100. Houses for rent in Providence, RI are more expensive, with an average monthly cost of $3,100.


1 bedroom	$1,700	3%	2%
2 bedroom	$2,100	2%	3%
3 bedroom	$2,400	2%	6%
4 bedroom	$3,100	5%	3%
Studio	$1,450	1%	7%

		Comparables
College Hill	$2,750
Downtown Providence	$2,300
Elmhurst	$2,225
Elmwood	$1,900
Federal Hill	$2,000
Fox Point	$2,300
Mt Hope	$2,450
Wanskuck	$1,950
Washington Park	$1,500
West End Providence	$2,200


Apartments	$2,100	No Change	No Change
Condos	$1,947	12%	No Change
Houses	$3,100	No Change	No Change
Rooms	$975	1%	No Change

Studio

Average rent

$1,450

Last 30 days

Last year

1 bedroom

Average rent

$1,700

Last 30 days

Last year

2 bedroom

Average rent

$2,100

Last 30 days

Last year

3 bedroom

Average rent

$2,400

Last 30 days

Last year

4 bedroom

Average rent

$3,100

Last 30 days

Last year

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.

Compare rent prices in Providence, RI to other cities

Median rent prices in Providence, RI for all bedroom counts and property types compared to Attleboro, MA.

Providence

Median rent price$2,100

11%

higher than the national median

Median rent price$2,175

14%

higher than the national median

Takeaway

The median rent for all rentals in Providence, RI is 3% lower than the median rent in Attleboro, MA.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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

Average rent in
Nearby cities
Explore rent trends in other markets

Attleboro

$2,175

Last year

Central Falls

$1,600

20%

Last year

Cranston

$2,000

Last year

Cumberland

$2,037

10%

Last year

East Providence

$2,250

23%

Last year

Fall River

$1,750

Last year

Lincoln

$1,995

Last year

Mansfield

$2,325

Last year

North Providence

$1,865

Flat

Last year

Pawtucket

$1,750

Flat

Last year

Warwick

$2,249

Last year

Woonsocket

$1,650

13%

Last year

Cost of living in
Providence, RI

The overall cost of living in Providence, RI is 12% higher than the national average. Explore the cost of essential expenses, then use our rent calculator to help set your budget.